Manipal Health Enterprises Secures 30-Year Lease for Bengaluru Hospital in ₹816-Crore Deal
By ETF Desk
Manipal Health Enterprises, a prominent player in India’s healthcare infrastructure, today finalized a 30‑year lease for a sprawling 6‑landmark hospital complex in Bengaluru. The property, worth ₹816 crore, will serve as a new flagship facility for the conglomerate.
The agreement, signed at a high‑profile event in Bengaluru, comes as the company looks to expand its presence in Karnataka, following recent investments in diagnostic centres and specialty hospitals across the state. The lease spans a prime plot on a busy arterial road, positioning the hospital for high patient influx.
The long‑term deal reinforces Manipal Health Enterprises’ strategy to consolidate its healthcare services in the region, potentially creating thousands of jobs and boosting ancillary real‑estate demand. Source: Google News – Manipal.