Nayati Healthcare sells its hospital assets to Apollo Hospitals.

Within 24 months, the future integrated hospital complex would be put into operation. It occupies 5.63 acres of space and has 650 available beds.

The Gurugram facility, which is on property allocated for hospitals and has a capacity of 650 beds over 7 lakh square feet, was purchased by Apollo Hospitals Enterprise from Nayati Healthcare and Research NCR Private Limited for around Rs 450 crores. DLF Qutub Enclave Complex Medical Charitable Trust first sold the vendor the land in 2011.

Within 24 months, the future integrated hospital complex would be put into operation. With 650 possible beds, it has a land size of 5.63 acres.

The deal was finalised through Apollo Hospitals North Ltd., a 100% subsidiary of AHEL, and was financed with group-available surplus funds. To facilitate the sale of the Gurugram hospital facility to Apollo Hospitals in accordance with regulations, all essential permits for the sale of the hospital asset were secured from the lenders, shareholders, and courts.

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