MEDANTAGlobal Health

Global Health wins Ghaziabad plot for ₹166 crore for a new hospital

Global Health, which runs Medanta hospitals, was allotted about 10,560 square metres in Ghaziabad for ₹165.82 crore, for a planned hospital of more than 350 beds.

Price, Monday's close₹1,433.10▼ 4.17%
Last 5 days
52-week low ₹956.0052-week high ₹1,544.00
Sector
Healthcare

What happened

  • The Uttar Pradesh Housing and Development Board allotted Global Health a freehold plot of 10,560.36 square metres at Siddharth Vihar Yojana, Ghaziabad, through an online auction.
  • The price is about ₹165.82 crore.
  • The company plans a multi-specialty hospital with more than 350 beds on the site. The project still needs board approval of a detailed project plan and other regulatory clearances.

Key facts

Location
Siddharth Vihar Yojana, Ghaziabad
Area
10,560.36 sq m
Price
About ₹165.82 crore
Planned use
Hospital with 350+ beds

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This is a summary of public news about Global Health, for information only. It is not a recommendation to buy, sell or hold MEDANTA.

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