Aster DM Healthcare Inks 30-Year Lease For Bengaluru Hospital Project

By BasisPoint Insight

May 7, 2025 at 10:34 AM IST

Aster DM Healthcare on Tuesday said it has signed a 30-year lease agreement with BREN Corp. and five other landowners for a property on Sarjapur Road in Bengaluru.

The company plans to invest ₹4.8 billion to set up a new multi-specialty hospital with a total capacity of around 430 beds, according to an exchange filing.

The hospital will be developed in two phases and 300 beds are expected to be operational in 2026-2027, with the remaining 130 beds to be added in 2028-2029.