Max Healthcare Institute announced its entry into Pune with a 450-beds super speciality hospital, involving an investment of over Rs 1000 crore.
The state-of-the-art facility, situated in Yerawada, Pune—one of the city's prime and centrally located areas, is expected to be commissioned over the next 3 years. The hospital, will mark Max Healthcare's fourth facility in Western India, further strengthening Max Healthcare's presence in Maharashtra.
The transaction involves staggered acquisition of a 100% equity stake in Yerawada Properties (YPPL), Pune and further development of the hospital over the course of next 3 years.