Lotus Eye Hospital and Institute Limited — Others, 13-02-2025: Copy of Newspaper Publication

Tata Capital Housing Finance Limited has issued a demand notice to several borrowers regarding outstanding dues totaling ₹29.79 crore (cr). The demand notices indicate that non-performing assets have been classified under the SARFAESI Act, requiring borrowers to repay within 60 days. The secured properties include residential and agricultural lands across different locations, collectively valued at significant amounts. This move signifies a tightening of credit control for the lender and reflects a larger trend within the housing finance sector focusing on asset recovery, potentially increasing investor concerns about loan defaults and overall financial health of the borrowers involved. There remains a neutral outlook as repayments are pursued.