Manipal Health Purchases 495‑Crore Mumbai Hospital and Land in Andheri
By ETF Desk
Manipal Health, a leading Indian healthcare conglomerate, announced on Monday that it has acquired a hospital building and its surrounding land in the Mumbai suburb of Andheri for ₹495 crore (approximately $6.2 million).
The purchase is part of Manipal Health’s aggressive expansion strategy into the country’s major metropolitan markets, following earlier acquisitions in Bengaluru and Chennai. Andheri, known for its dense commercial activity and growing residential population, offers a strategic location to tap into a larger patient base and enhance the company’s brand visibility across western India.
The deal is expected to bolster healthcare access in the region, providing upgraded medical facilities and potential job creation for local communities. Source: Google News – Manipal.