Business Update4 Mar 2024, 10:32 pm
KIMS to Enter into Definitive Agreements for Thane Hospital Project
AI Summary
Krishna Institute of Medical Sciences Limited (KIMS) has announced that it will enter into definitive agreements for taking land on a 99-year lease and purchase of a building for the setting up of a new hospital at Thane, Maharashtra. The proposed hospital will have a bed capacity of 300 beds and the investment in the project is expected to be around Rs. 500 Cr. This will be the first hospital of KIMS in the Mumbai-Thane region and the third in Maharashtra.,
Key Highlights
- KIMS to enter into definitive agreements for Thane hospital project
- Proposed hospital to have 300 beds and investment of Rs. 500 Cr
- First KIMS hospital in Mumbai-Thane region and third in Maharashtra
- Expansion of KIMS' presence in Maharashtra