The real estate giant DLF in collaboration with Ranbaxy group company Fortis Healthcare has entered into an agreement to invest by setting up hospitals across India with about Rs.6200 crore.
In the joint venture which has been signed between these two real estate firms, Fortis will acquire 74 percent state and the remaing 26 will be remaining with DLF.
They are planning to build a chain of 200-450 bed hospitals in various 31 cities in
This joint venture will mark DLF’s incursion into the healthcare segment and will be a part of strategy of Fortis to become a pan-india player in healthcare segment which will be helpful by resolving real estate problems by setting up new hospitals.
The whole investment of Rs. 6,200 crore will include cost of land, construction and medical equipments. They are planning to build hospitals where DLF has its presence already as DLF already has 10,255 acres land reserve in 31 cities.
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