By ETF Desk
Manipal Health has entered into a ₹816‑crore long–term deal to acquire an additional 245,000 sq ft of healthcare space in Yelahanka, a suburb of Bengaluru. The new complex will accommodate a range of specialty clinics, diagnostic facilities and patient accommodation, bolstering the group’s commercial real‑estate portfolio in the city.
Previously, Manipal Health has established a series of outpatient centres across Karnataka, but Yelahanka marks the largest single expansion in the district. The modern, purpose‑built facility is designed with integrated digital health technologies and is expected to support an extensive network of specialist physicians and allied health professionals.
With the new premises, the company anticipates creating up to 400 permanent jobs, enhancing access to high‑quality care for residents of Bengaluru and surrounding areas. The long‑term lease ensures sustained service delivery, fostering growth in the local economy. Source: Google News – Manipal.