Overview
- Manipal Health Enterprises bought a 752.77 sq m parcel in Mumbai’s Andheri with a hospital building for ₹495 crore.
- The purchase completes a two-step acquisition of the full site for about ₹908 crore after an earlier buy in 2024 for roughly ₹415 crore.
- Registration records list a built-up area of 20,663.80 sq m for the latest parcel and show stamp duty of ₹29.22 crore.
- The sellers were Khubchandani Hospitals Private Limited, Khubchandani Properties and Investment Private Limited, and Perfect Realty Private Limited.
- The hospital complex spans nearly 2.61 acres with a total built-up area of about 20,851.65 sq m, and recent research shows steady investor interest in healthcare real estate.