Allotted 10,560 sq. m Ghaziabad land for ₹165.82 crore; 350+ bed hospital proposed

Medanta has been allotted a ~10,560 sq. metre freehold land parcel at Siddharth Vihar, Ghaziabad by UP Housing & Development Board via online auction, for approximately ₹165.82 crore.

Tue 29 Sep 2026

Land Parcel Size

approximately 10,560 sq. metres

Land Acquisition Cost

approximately ₹165.82 crore

Proposed Hospital Capacity

350+ bedded hospital

Current Installed Beds

3,737 installed beds as on June 30, 2026

Current Hospital Count

Six hospitals in operation

What was announced

Global Health Limited (Medanta) said it has been allotted a land parcel of approximately 10,560 sq. metres at Siddharth Vihar Yojna, Ghaziabad, Uttar Pradesh, by the Uttar Pradesh Housing & Development Board (UPAVP).

Terms

• Allotted for approximately ₹165.82 crore, on a freehold basis.
• Allotment was made through an online auction conducted by UPAVP.

What could be built

The company says the parcel has the potential to accommodate a 350+ bedded hospital. This is stated as subject to customary and statutory approvals and to the approval of the Company's Board of Directors, so at this stage it is a proposed project rather than an approved one.

Why Ghaziabad

The company points to the city's large and growing population, urbanisation, residential and commercial development and connectivity with Delhi-NCR. It also describes Ghaziabad as a catchment for eastern Delhi, Meerut, Saharanpur, Hapur, Bulandshahr and western Uttar Pradesh. Management said the proposed hospital would complement its existing Medanta Noida facility.

Current footprint

• Six hospitals in operation: Gurgaon, Indore, Ranchi, Lucknow, Patna and Noida.
• Total area of 5.6 million sq. ft. with 3,737 installed beds as on June 30, 2026.
• Five upcoming hospitals in Mumbai, Delhi (Pitampura, South Delhi), Guwahati and Varanasi.
• Over 30 medical specialties and 2,400+ doctors.

How to read it

This is a land acquisition step that expands the company's capacity pipeline in the Delhi-NCR market. Construction timelines, total project cost and funding for the hospital itself are separate matters that would follow approvals. The release carries a forward-looking statement disclaimer.

Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.