Medanta buys Rs 166 crore land parcel in Ghaziabad to build 350-bed tertiary care hospital

The project still needs statutory clearances and the approval of Global Health’s board of directors, the company said.

New Delhi: Global Health Ltd, which runs hospitals under the Medanta brand, has acquired land in Ghaziabad, Uttar Pradesh, for about Rs 165.82 crore and plans to develop a tertiary care hospital with more than 350 beds on the site, the company said on Tuesday.

The plot measures 10,560 square metres, according to the company. The hospital remains subject to customary and statutory approvals as well as clearance from the board, it said. Global Health did not say when work on the site would begin or when the hospital is expected to admit its first patients, and it did not put a figure on the construction cost.

Global Health said the facility is meant to serve patients in Ghaziabad and a wider catchment that takes in eastern Delhi, Meerut, Saharanpur, Hapur, Bulandshahr and other parts of western Uttar Pradesh.

“We see Ghaziabad as a compelling long-term healthcare opportunity,” said Pankaj Sahni, Group CEO and Director of Global Health. He added that the area had seen considerable urban and economic growth and that demand for advanced, specialised care there continued to rise.

The new site would join a network of six operational Medanta hospitals in Gurgaon, Indore, Ranchi, Lucknow, Patna and Noida. According to the company, these facilities together had 3,737 installed beds as of 30 June 2026.

Global Health also has five hospitals under development, the company said. These are in Mumbai, Guwahati and Varanasi, along with two projects in Delhi, at Pitampura and in south Delhi.

With the Ghaziabad plan, the group adds a further Delhi-NCR project to a portfolio that already includes its Gurgaon and Noida hospitals and the two Delhi hospitals now in the pipeline, according to the company’s statement.

Source: Business Standard (PTI), 29 September 2026

  • Related Posts

    Safdarjung Hospital performs its first dual kidney transplant using organs from marginal donor

    The Indian Air Force airlifted the retrieved organs to Delhi from Command Hospital, Chandimandir, where the 62-year-old donor was declared brain dead. New Delhi: Vardhman Mahavir Medical College (VMMC) and…

    Hospital stocks slide up to 6% after Supreme Court flags drug mark-ups at corporate hospitals

    The court asked the Centre why a 16 per cent retail margin could not apply to all medicines, and will hear the matter again on 12 October. New Delhi: Shares…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Delhi High Court sets aside FSSAI order asking Red Bull India to drop ‘energy’ from its drinks

    Delhi High Court sets aside FSSAI order asking Red Bull India to drop ‘energy’ from its drinks

    Haryana to use Ayushman, Chirayu claim money for hospital staff incentives and upgrades: CM

    Haryana to use Ayushman, Chirayu claim money for hospital staff incentives and upgrades: CM

    Indian speciality drugs get zero duty as US widens 100% tariff on patented medicines

    Indian speciality drugs get zero duty as US widens 100% tariff on patented medicines

    Low-dose CT screening lowers lung cancer deaths by 16% in high-risk people: IARC

    Low-dose CT screening lowers lung cancer deaths by 16% in high-risk people: IARC

    Krsnaa Diagnostics board clears sale of diagnostic equipment worth up to Rs 120 crore

    Krsnaa Diagnostics board clears sale of diagnostic equipment worth up to Rs 120 crore

    SN Genelab buy gives Dr Lal PathLabs specialised genomics tests and a bigger western India base

    SN Genelab buy gives Dr Lal PathLabs specialised genomics tests and a bigger western India base