Hiranandani Constructions Is Ready For Hospital Project

Niranjan Hiranandani owner of Hiranandani Constructions, is planning to set up a chain of hospitals in the country.
The total investment in these projects could be approximately five hundred crore. The company plans to become a foremost healthcare player in the next five years, sources said.
The real estate foremost is planning to set up new hospitals at its forthcoming townships in Chennai, Pune, Nasik, Panvel and Kolkata among others. The hospitals, all with over a one hundred bed capacity, will be called Hiranandani Hospitals.
According to market sources, the Hiranandanis are planning to take on corporate hospital chains like Wockhardt, Apollo and Fortis.
However, the company’s managing director, Niranjan Hiranandani, said they are still assessing whether to set up corporate hospitals or to position them as charitable ones.
“Our idea is to set up five hospitals at our townships in the subsequent five years,” Hiranandani said. The company has also coupled up with Fortis group: According to the deal, Hiranandani will build hospitals for the group. Fortis, to mark its entry in Mumbai, took over the group’s hospital in Vashi a few months ago.
Dr L H Hiranandani hospital, set up by the group at Hiranandani’s Powai township, is currently undergoing expansion, to double its capacity from the existing one hundred thirty five beds to over two hundred thirty beds. The development will involve investments between approx hundred crore, sources said.
Sources also said the success of the Powai hospital prompted the group to consider a nation-wide presence. The Hiranandanis also have a hospital in Thane.

This entry was written by rajani, posted on April 16, 2008 at 7:45 am, filed under Property News. Bookmark the permalink. Follow any comments here with the RSS feed for this post. Trackbacks are closed, but you can post a comment.

12 Comments

  1. nik
    Posted May 3, 2008 at 2:13 am | Permalink

    i want to know when this n other projects will start in nasik?

  2. Ramiz Khalid
    Posted September 27, 2008 at 1:30 am | Permalink

    Mr.Niranjan Hiranandani,

    I am a Project consultant from Sri Lanka. I have a very good opportunity for you to set up a hostital in Sri Lanka if you are interested, I can organize 5 acres hospital project land free of charge from the government and also any other help related to hospital project from the government and BOI. If you want further detail regarding the above please email me, I will be glad to help you for our mutual benefits.
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  3. neerja
    Posted January 2, 2009 at 4:22 am | Permalink

    hello we r offering u a land which is in Wardha . Nagpur mumbai highway .Near dmims n sharad pawar medical college

  4. Mrs. A.k.Mani
    Posted January 24, 2009 at 1:02 am | Permalink

    Sir,
    We have multispeciality hospital of 150 bed ready sitiuated in aprime location of pune. WE are interested in a tie up with well known and competent parties like you. We would like have a proposal from your end.

  5. Mrs. A.k.Mani
    Posted March 3, 2009 at 2:26 am | Permalink

    AS posted earlier Iwould like to know at earliest form your end about your interest in taking over a completely ready Hospital project of 150 bed. The built up area is about 90000/-sqft. Kindly mail me at the above e-mail address.

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    Posted March 19, 2009 at 3:52 pm | Permalink

    Please let us know if Co. is looking mixed use development at Gujarat-State

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