📋 Tender Overview
Scope of Work:
Construction of 500 beds Super Specialty Hospital in Oshiwara, Mumbai.
Description:
The new facility, slated to feature over 500 beds, aims to provide cutting-edge medical treatments and services to the city's residents and surrounding areas. The investment will be evenly split between debt financing and internal accruals. With regulatory approvals pending, the hospital's construction is expected to span three to four years. Once completed, it will rank as the second-largest private hospital in Mumbai, following the 750-bed Kokilaben Dhirubhai Ambani Hospital & Medical Research Institute.
The project includes the acquisition of 8,859 square meters of land in Oshiwara, Mumbai, acquired in a public auction from the Maharashtra Housing and Area Development Authority (MHADA). This move marks a major step in Medanta’s expansion strategy, which also includes planned hospital expansions across India.
