Pune: Max Healthcare Institute Ltd has announced its entry into the Pune healthcare market with plans to set up a 450-bed super specialty hospital, involving an investment of over Rs 1,000 crore.
This move marks a significant expansion for the hospital chain in Western India. The proposed state-of-the-art hospital will be located in Yerawada, one of Pune’s centrally located and prime areas. The facility is expected to be commissioned over the next three years. Once operational, it will become Max Healthcare’s fourth hospital in Western India, strengthening its presence in Maharashtra.
The company said Pune’s rapid urban development and the steady growth of its middle-class population have led to rising demand for advanced healthcare services. The new hospital is being planned to address this demand by offering high-end super specialty care supported by modern medical technology.
According to Max Healthcare, the Pune expansion is a strategic milestone aligned with the company’s long-term growth plans. The hospital chain aims to expand its footprint in key healthcare markets across the country, with Pune identified as an important location for future growth. The proposed facility is expected to be the first of several healthcare projects that Max Healthcare plans to develop in the city over time.
The transaction involves the staggered acquisition of a 100 percent equity stake in Yerawada Properties Private Limited, Pune. Following the acquisition, Max Healthcare will undertake the development of the hospital over the next three years.
With this investment, Max Healthcare continues to scale its network and enhance access to advanced medical care in major urban centres.
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