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ToggleJupiter Life Line Hospitals Plans New Facility in Thane
Jupiter Life Line Hospitals Limited (JLHL) is expanding its operations with a new hospital in Ghodbundar Mira Road, Thane District, on a recently acquired plot measuring approximately 8,433 square meters. This facility will add 300 beds to JLHL’s current capacity of 1,061 beds, bringing enhanced healthcare services to the region.
Key Details of the Expansion
- Timeline & Investment: The project is expected to be completed in four years with a planned capital expenditure of approximately ₹400 Crores.
- Funding: The land purchase was financed through internal accruals, while the construction’s financing plans remain subject to statutory approvals and Board decisions.
- Target Region: The expansion aims to address the healthcare needs of underserved communities in Dahisar, Mira Bhayandar, and Vasai Virar Municipal regions.
As of September 30, 2024, JLHL reported an occupancy rate of 67.2%, highlighting growing demand for healthcare services in the area. This strategic move aligns with the company’s mission to expand access to quality medical care.