The upcoming integrated healthcare complex would be commissioned in a span of 24 months. It is spread across 5.63 acres of land with 650 potential beds
Apollo Hospitals Enterprise has announced that it has acquired a hospital asset in Gurugram, situated on hospital zoned land, with a potential of 650 beds over 7 lakh square feet, from Nayati Healthcare and Research NCR Private Limited for a consideration of around Rs 450 crores. The land was originally sold by DLF Qutub Enclave Complex Medical Charitable Trust in 2011 to the seller.
The upcoming integrated healthcare complex would be commissioned in a span of 24 months. It is spread across 5.63 acres of land with 650 potential beds.
The transaction has been consummated through AHEL’s 100 per cent subsidiary, Apollo Hospitals North Ltd, and funded using available surplus funds with the group. All necessary approvals for the sale of the hospital asset were obtained from the lenders, shareholders and the courts to facilitate sale of the Gurugram hospital facility to Apollo Hospitals as per regulations.
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