Lease agreement signed with APCRDA for 250-bed children's hospital in Amaravati
Lease agreement signed with APCRDA (Govt of Andhra Pradesh) for about 2 acres in Amaravati, for 60 years.
- Land Area
- approximately 2 acres
- Lease Tenure
- 60 years
- Proposed Bed Capacity
- 250-bed
- Location
- Amaravati, Andhra Pradesh
- Facility Type
- super speciality children's hospital and perinatal care facility
What was announced
Rainbow Children's Medicare has executed a lease agreement with the Andhra Pradesh Capital Region Development Authority (APCRDA), Government of Andhra Pradesh.
- Land: approximately 2 acres in Amaravati, the capital city of Andhra Pradesh
- Lease tenure: 60 years
- Proposed use: a 250-bed super speciality children's hospital and perinatal care facility
- Development approach: phased
How to read it
This is a land tenure step for a proposed expansion, not an operational hospital yet. The facility is described as intended to be developed in a phased manner, so bed capacity would come on stream over time.
The company said it will keep the stock exchanges informed about the progress of the project.
Also from Rainbow Children's Medicare
ICRA reaffirms Issuer Rating at [ICRA]AA with Stable outlook
29 Sep 2026
More numbers
- Leased land areaapproximately 2 acres
- Lease tenure60 years
- Proposed hospital capacity250-bed
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.