Gurugram, 29th September, 2026: Global Health Limited (NSE: Medanta, BSE: 543654), one of the largest private multi-specialty tertiary care providers operating in the North and East regions of India, today announced that it has been allotted a land parcel measuring approximately 10,560 sq. metres at Siddharth Vihar Yojna, Ghaziabad, Uttar Pradesh, by the Uttar Pradesh Housing & Development Board (UPAVP).
The land parcel has been allotted for approximately ₹165.82 crore on a freehold basis through an online auction conducted by UPAVP. The strategically located parcel has the potential to accommodate the development of a 350+ bedded hospital, subject to customary and statutory approvals and the approval of the Company’s Board of Directors.
The proposed hospital is expected to further strengthen the Company’s presence in the Delhi-NCR healthcare ecosystem and provide access to high-quality tertiary and quaternary healthcare services for the rapidly growing population of Ghaziabad and the surrounding catchment areas.
A strategic opportunity in Ghaziabad
Ghaziabad represents an attractive healthcare market, supported by its large and growing population, increasing urbanisation, expanding residential and commercial development and its strong connectivity with Delhi-NCR. The city also serves as an important catchment for neighbouring areas of eastern Delhi, Meerut, Saharanpur, Hapur, Bulandshahr and western Uttar Pradesh.
The proposed location at Siddharth Vihar provides an opportunity to establish a large-scale integrated healthcare facility in a strategically located and rapidly developing part of Ghaziabad. The proposed hospital could enable the Company to address the growing demand for advanced medical care while leveraging its clinical expertise, brand, technology, medical talent and established healthcare ecosystem.
Commenting on the acquisition of the land, Mr Pankaj Sahni, Group CEO and Director said,
“We see Ghaziabad as a compelling long-term healthcare opportunity within the broader Delhi-NCR market. The region has undergone significant urban and economic development and continues to see increasing demand for advanced, specialised healthcare services. The Siddharth Vihar land parcel offers us a strategically located platform to potentially develop a large integrated hospital and extend our clinical capabilities to a wider patient catchment.
The proposed hospital would also complement our existing presence through Medanta Noida, enabling us to strengthen our healthcare network across the eastern and central parts of the Delhi
-NCR region and improve access to high-quality tertiary and quaternary care for patients across the wider catchment.
Our focus will be on building a differentiated healthcare institution that combines clinical excellence, experienced medical talent, technology and patient-centric care.”
About Global Health Limited (Medanta)
Founded by Dr. Naresh Trehan, a world-renowned cardiovascular and cardiothoracic surgeon who has been awarded the prestigious Padma Bhushan and the Padma Shri, the third- and fourth-highest civilian awards in India, and the Dr. B.C. Roy Award in recognition of his distinguished contribution to medicine.
Global Health Limited (the “Company”) is one of the largest private multi-specialty tertiary care providers operating in the North and East regions of India, with key specialties cardiac science, neurosciences, oncology, digestive and hepatobiliary sciences, orthopedics, liver transplant, and kidney and urology, according to the report titled “An assessment of the healthcare delivery market in India, September 2022” by CRISIL Limited.
Under the “Medanta” brand, the Company has a network of six hospitals currently in operation (Gurgaon, Indore, Ranchi, Lucknow, Patna and Noida). Spanning an area of 5.6 million sq. ft., its operational hospitals have 3,737 installed beds as on June 30, 2026. It also has five upcoming hospitals in Mumbai, Delhi (Pitampura, South Delhi), Guwahati and Varanasi. The Company provides healthcare services in over 30 medical specialties and engages over 2,400+ doctors led by highly experienced department heads.
For more information visit www.medanta.org or contact:
Global Health Limited
Gaurav Chugh
gaurav.chugh@medanta.org
Tel: 0124 – 4141 414
Bhushan Khandelwal
bhushan.khandelwal@medanta.org
Tel: 0124 – 4141 414
Safe Harbour Disclaimer
This press release, apart from historical information, contains some “forward-looking statements” including those describing the Company’s strategies, strategic direction, objectives, future prospects, estimates etc. These forward-looking statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially from those suggested by these statements. These factors include, but are not limited to general market conditions, macro-economic, movements in currency exchange and interest rates, the ability to attract and retain high quality human resource, competitive pressures, technological developments, governmental and regulatory trends, legislative developments, and other key factors beyond the control of the Company.
These forward looking statements are based on information currently available to us, and we assume no obligation to revise these statements as circumstances change. The Company may alter, modify or otherwise change in any manner the content of Presentation/Press Release, without obligation to notify any person of such revision or changes.
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