Apollo Hospitals acquire Gurugram hospital asset for $57m | Healthcare Asia Magazine
, India
Photo from Apollo Hospitals' website.

Apollo Hospitals acquire Gurugram hospital asset for $57m

The facility purchased from Nayati Healthcare has a potential of 650 beds.

India-based Apollo Hospitals has acquired a hospital asset in Gurugram from Nayati Healthcare and Research NCR Private Limited for a consideration of $56.51m (Rs 450 crs), the hospital operator announced in a bourse filing.

The healthcare facility spread across 5.63 acres of land with a potential of 650 beds, Apollo Hospitals said. The asset was originally sold by DLF Qutub Enclave Complex Medical Charitable Trust to Nayati Healthcare in 2011.

READ MORE: Apollo Hospitals integrates digital health tool in cardiovascular risk

The transaction has been consummated through AHEL’s 100% subsidiary, Apollo Hospitals North Limited, and funded using available surplus funds with the group, the company said.

Apollo Hospitals also expressed plans to build an integrated healthcare complex located on the Golf Course Road at Gurugram in 24 months. The company seeks to bring advanced clinical services through its faculty and international collaborations.

Follow the link for more news on

Join Healthcare Asia Magazine community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!