100-Bed Multi-Specialty Hospital Seeking Funds In Mangaluru
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About Business
The project involves setting up a 100-bed multi-specialty hospital aimed at providing a range of medical services under one roof. The initiative is being led by a founder who is already practicing in the healthcare field and currently operates a general medicine clinic. The plan is to expand these services into a larger hospital facility to cater to the growing demand for organized healthcare services.
Current Status
The land required for the hospital has already been purchased, with an investment of approximately INR 8–10 crore. Construction activities have begun and the foundation work of the building has been completed. Around INR 2 crore has already been invested toward the initial construction stage.
Medical Team
Preparations for the medical team are already underway. The project has secured initial tie-ups with doctors, and around eight doctors are expected to be part of the hospital as full-time consultants once operations begin.
Existing Practice
The founder currently runs a general medicine clinic from a leased premises. This existing practice has helped build local patient connections and provides a base for the planned expansion into a full-scale hospital.
Investment Requirement
The estimated total cost of the hospital project is around INR 60 crore. The funds will mainly be used for completing the construction, setting up hospital infrastructure, purchasing medical equipment, and preparing the facility for full operations.
Clientele type
Patients from nearby areas will form the primary patient base.
Premises
OWNED
Premise Size: 2 acres
Market Value (in INR): 10.00 Cr
Asking Price Includes
The terms of the transaction will be shared and discussed with the potential investor.
Asking Price
INR 15.00 Cr
Minimum ticket size
INR 5.00 Cr
Reason
To complete the remaining construction work, the founder is looking to raise funds.
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Fundraising for ₹10 Cr – 500 Cr
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