StockWatch
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Hospital
Property4 Nov 2026, 06:03 pm

Manipal Health Enterprises Leases Land for New Hospital in Gurugram

AI Summary

Manipal Health Enterprises Ltd has executed a Lease Deed with TIL Investments Private Limited for a parcel of land in Gurugram, Haryana. The lease, valid for 29 years and 11 months, is intended for the construction, operation, management, and maintenance of a new hospital. The agreement does not involve any special rights beyond customary lease terms and is not considered a related party transaction.

Key Highlights

  • Lease agreement signed for land in Gurugram, Haryana.
  • Purpose: Construction and operation of a new hospital.
  • Lease duration is 29 years and 11 months.
  • No special rights conferred beyond standard lease terms.
  • Transaction is not with a related party.