Business Update8 May 2026, 07:51 pm
KIMS Hospitals Leases 2 Acres for 500-Bed Hospital in Amaravati
AI Summary
Krishna Institute of Medical Sciences Ltd (KIMS) has entered into a lease agreement with Andhra Pradesh Capital Region Development Authority (APCRDA) to lease 2 acres of land in Amaravati, Andhra Pradesh. The lease is for a period of 60 years and will be used for the development of a new 500-bed multi-speciality hospital. The hospital will offer tertiary and quaternary care across various specialties, addressing the need for advanced healthcare in the region.
Key Highlights
- KIMS Hospitals leases 2 acres in Amaravati for 60 years.
- A 500-bed multi-speciality hospital will be developed on the leased land.
- The hospital will provide advanced tertiary and quaternary care.
- The project aims to improve healthcare access in Amaravati and surrounding areas.