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Medanta To Build 350-Bed Hospital In Ghaziabad, Secures 10,560 Sq Metre Land For ₹165.82 Crore

Mumbai: Global Health Limited, operating under the Medanta brand, announced on 29 September 2026 the acquisition of a 10,560 square metre land parcel in Siddharth Vihar Yojna, Ghaziabad, Uttar Pradesh. The land was allotted by the Uttar Pradesh Housing & Development Board (UPAVP) through an online auction. Acquisition Details The land parcel was secured for approximately ₹165.82 crore on a…

Medanta To Build 350-Bed Hospital In Ghaziabad, Secures 10,560 Sq Metre Land For ₹165.82 Crore

Global Health Limited, under the Medanta brand, announced the acquisition of a 10,560 square meter land site in Siddharth Vihar Yojna, Ghaziabad, Uttar Pradesh on September 29th, 2026. The Uttar Pradesh Housing & Development Board (UPAVP) granted the land through an online auction. The acquisition price was roughly ₹165.82 crore on a freehold basis.

This land allows for the potential development of a hospital with more than 350 beds, pending approvals from regulatory bodies and Medanta's Board of Directors. Medanta aims to enhance its presence in the Delhi-NCR healthcare market with this proposed hospital, aiming to offer tertiary and quaternary healthcare services to the expanding population in Ghaziabad and its surrounding areas.

Pankaj Sahni, Group CEO and Director of Medanta, stated that Ghaziabad represents a long-term healthcare opportunity within the Delhi-NCR market. The Siddharth Vihar land parcel provides a platform to potentially develop a large integrated hospital and enhance clinical capabilities. This new hospital will complement Medanta's existing facility in Noida, broadening its healthcare network across the eastern and central parts of the Delhi-NCR region.

The company's aim is to establish a healthcare institution that combines clinical excellence, experienced medical talent, cutting-edge technology, and patient-centric care.

Written by urgent.news from Free Press Journal's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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