STOCKWATCH
·
Hospital
New Launch27 Mar 2026, 01:00 pm

Jupiter Life Line Hospitals Ltd Receives Lease for Land from MMRDA for 400-bed Hospital

AI Summary

Jupiter Life Line Hospitals Ltd has received a letter from Mumbai Metropolitan Region Development Authority (MMRDA) conveying the acceptance of its tender for allotment of land on lease basis for a period of 80 years. The allotment pertains to land admeasuring an area of ~10,026.44 sqm for an amount of ~ Rs. 354 Crores. The land is situated at plot no. SF5 in GTxT-Block of Bandra- Kurla Complex, Maharashtra and is leased for setting up ~ 400 beds hospital subjected to various statutory and regulatory approvals.

Key Highlights

  • Jupiter Life Line Hospitals Ltd has received a letter from MMRDA for land allotment on lease basis.
  • The allotment is for a period of 80 years and pertains to land admeasuring ~10,026.44 sqm.
  • The land is situated at plot no. SF5 in GTxT-Block of Bandra- Kurla Complex, Maharashtra.
  • The land is leased for setting up ~ 400 beds hospital.
  • The lease amount is ~ Rs. 354 Crores.
JLHL
Hospital
Jupiter Life Line Hospitals Ltd

Price Impact