Apollo acquires 650-bed hospital in Haryana for Rs. 450 cr
The upcoming integrated healthcare complex located on the Golf Course Road at Gurugram would be commissioned in a span of 24 months
image for illustrative purpose
Apollo's presence will further boost the local economy, generate highly skilled healthcare as well as allied jobs. It will endeavour to stimulate innovation, and create an unparalleled atmosphere of excellence, research, learning and healing
Hyderabad: Apollo Hospitals Enterprise Ltd (AHEL), India's first multi-speciality chain of hospitals, has acquired a hospital asset in Gurugram, situated on hospital zoned land, with a potential of 650 beds over 7 lakh sft, from Nayati Healthcare and Research NCR Private Ltd for around Rs 450 crore. The land was originally sold by DLF Qutub Enclave Complex Medical Charitable Trust in 2011 to the seller.
The acquisition is a momentous milestone in Apollo Hospitals' stellar journey in healthcare in India, and marks the entry of the group in the state of Haryana. The hospital will establish the group's presence in the millennium city of Gurugram, one of India's fastest growing cities, with an aspirational populace, and substantial brand equity for Apollo Hospitals, owing to its existing footprint in the region.
Dr Prathap C Reddy, Chairman, Apollo Hospitals Group said, "We are committed to bringing our proven focus on outstanding clinical outcomes, along with the best of the Apollo Hospitals ecosystem - including preventive health, pharmacies, day surgery centres, birthing centres, primary care facilities and diagnostics - to foster the seamless delivery of holistic healthcare in the state."
"We are confident that our presence will further boost the local economy, generate highly skilled healthcare as well as allied jobs. We will endeavour to stimulate innovation, and create an unparalleled atmosphere of excellence, research, learning and healing. We look forward to making a significant contribution towards improving the quality of life and well-being of the citizens of Haryana," he adds.
The acquisition not only cements a strong footprint for Apollo Hospitals in the North, but most importantly will bring together cutting-edge clinical programs, technology, international and national collaborations and research to deliver best-in-class clinical outcomes for our patients and engender well-being and community health, while stimulating skilled job creation in the local geography.
The upcoming integrated healthcare complex located on the Golf Course Road at Gurugram would be commissioned in a span of 24 months. It would endeavour to extend advanced clinical solutions and services to the citizens of the state and the country through its experienced faculty and international collaborations, and will strongly position the city as an international healthcare destination.
Apollo Group has always worked towards building a fully operating ecosystem in all its geographies, and will accordingly work towards pollinating the benefits of advanced healthcare towards the remotest corners of the state of Haryana and would work closely with the State government towards meeting the goals and targets put forth by the Government in its health policy vision for the state.
