By ETF Desk
In a move signalling its long‑term commitment to Bengaluru, Manipal Health Enterprises (MHE) has signed a 30‑year lease for its flagship hospital, with the company paying ₹816 crore to secure the property.
The lease covers a sprawling complex in the city’s central business district, aligning with MHE’s strategic growth plans across Karnataka. The acquisition comes amid rising investment in the regional healthcare sector, and underscores the company’s intent to cement a lasting presence in the capital’s medical landscape.
This significant investment ensures the continuity of Manipal’s high‑standard medical services for the next three decades and sends a clear message to investors about the firm’s robust financial foundation and dedication to stable, patient‑centric care. Source: Google News – Manipal.