Fortis Leases 200-Bed Hospital in Greater Noida
ECONOMY & POLICY

Fortis Leases 200-Bed Hospital in Greater Noida

Fortis Healthcare Ltd has announced that its wholly owned subsidiary, International Hospital Ltd (IHL), has entered into a 15-year lease agreement with RR Lifesciences Ltd for a 200-bed operational multi-specialty hospital in Greater Noida. Previously managed by Fortis under an operations and management (O&M) arrangement since October 2022, the facility will now function as Fortis Hospital Greater Noida under the company’s direct operational and financial control.
The hospital, located on a 1.35-acre UPSIDA-leased land parcel with a built-up area of 270,000 sq. ft., has scope for expanding bed capacity by an additional 50 beds, bringing its potential to approximately 250 beds. Strategically positioned, the hospital is connected via the Greater Noida Expressway, Metro (Aqua Line), Yamuna Expressway, and Eastern Peripheral Expressway, and lies about 34 km from the upcoming Jewar International Airport.
This move enables Fortis to fully consolidate the hospital’s financials within its network and bolster its footprint in the rapidly urbanising NCR region. The Greater Noida area has witnessed sharp growth in population, residential development, and corporate presence in recent years, outpacing the existing healthcare infrastructure.
Strategic Vision and Commentary
Dr Ashutosh Raghuvanshi, MD & CEO of Fortis Healthcare Ltd, said:
“The inclusion of Fortis Hospital Greater Noida underlines our commitment to enhancing healthcare accessibility across the NCR. With Greater Noida emerging as a vital urban and industrial hub, this expansion allows us to meet rising healthcare demand with patient-centric, high-quality tertiary care.”
This development positions Fortis Healthcare to play a crucial role in meeting the region’s growing medical needs while contributing to Greater Noida’s emergence as a healthcare hub within Delhi-NCR. The move also aligns with Fortis’ broader strategy to expand its network, improve access, and deliver ethical, quality-driven healthcare services. 

Fortis Healthcare Ltd has announced that its wholly owned subsidiary, International Hospital Ltd (IHL), has entered into a 15-year lease agreement with RR Lifesciences Ltd for a 200-bed operational multi-specialty hospital in Greater Noida. Previously managed by Fortis under an operations and management (O&M) arrangement since October 2022, the facility will now function as Fortis Hospital Greater Noida under the company’s direct operational and financial control.The hospital, located on a 1.35-acre UPSIDA-leased land parcel with a built-up area of 270,000 sq. ft., has scope for expanding bed capacity by an additional 50 beds, bringing its potential to approximately 250 beds. Strategically positioned, the hospital is connected via the Greater Noida Expressway, Metro (Aqua Line), Yamuna Expressway, and Eastern Peripheral Expressway, and lies about 34 km from the upcoming Jewar International Airport.This move enables Fortis to fully consolidate the hospital’s financials within its network and bolster its footprint in the rapidly urbanising NCR region. The Greater Noida area has witnessed sharp growth in population, residential development, and corporate presence in recent years, outpacing the existing healthcare infrastructure.Strategic Vision and CommentaryDr Ashutosh Raghuvanshi, MD & CEO of Fortis Healthcare Ltd, said:“The inclusion of Fortis Hospital Greater Noida underlines our commitment to enhancing healthcare accessibility across the NCR. With Greater Noida emerging as a vital urban and industrial hub, this expansion allows us to meet rising healthcare demand with patient-centric, high-quality tertiary care.”This development positions Fortis Healthcare to play a crucial role in meeting the region’s growing medical needs while contributing to Greater Noida’s emergence as a healthcare hub within Delhi-NCR. The move also aligns with Fortis’ broader strategy to expand its network, improve access, and deliver ethical, quality-driven healthcare services. 

Next Story
Infrastructure Transport

Surya Roshni delivers customised lighting for NCRTC RRTS stations

Surya Roshni has supplied customised indoor lighting solutions for 18 elevated stations on the National Capital Region Transport Corporation's (NCRTC) Rapid Rail Transit System (RRTS), strengthening its presence in India's infrastructure lighting segment.The project involved the design and deployment of lighting systems for platforms, concourses, foot overbridges (FOBs) and back-of-house (BOH) areas. According to the company, the luminaires were developed specifically to meet NCRTC's design, operational and performance requirements rather than using standard products.Surya introduced two custo..

Next Story
Real Estate

Hilton debuts Tapestry Collection brand in Vietnam

Hilton has opened NHAAN Resort & Spa Hoi An, Tapestry Collection by Hilton, marking the debut of the Tapestry Collection brand in Vietnam and expanding its lifestyle hospitality portfolio in Southeast Asia.Located along the Co Co River in Cam Thanh village, the 174-key resort provides access to Hoi An Ancient Town, Cua Dai Beach and the Cam Thanh Nipa Forest. The property has been designed by Vietnamese architect Vo Trong Nghia, incorporating biophilic architecture, locally sourced materials and riverfront landscapes.The resort offers a mix of guest rooms and suites, including family-frien..

Next Story
Building Material

Electrent expands lithium energy storage system portfolio

Electrent Energy has expanded its lithium-based energy storage portfolio with the launch of the ESS 850 and ESS 1050, targeting compact and maintenance-free power backup solutions for Indian homes.The new systems integrate a Home UPS and a LiFePO4 lithium battery into a single unit, extending the company's product range following the launch of its ESS 1350 and ESS 2500 models.Designed for apartments and smaller homes, the ESS 850 provides up to 1 hour 15 minutes of backup, while the ESS 1050 offers up to 1 hour 45 minutes on a typical 400 W household load. The systems can power essential appli..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement