Global Health Limited (NSE: MEDANTA) has been allotted a land parcel measuring approximately 10,560 square metres at Siddharth Vihar Yojna, Ghaziabad, Uttar Pradesh, by the Uttar Pradesh Housing & Development Board (UPAVP). According to the company's press release filed on 29 September 2026, the land parcel has been allotted for approximately ₹165.82 crore on a freehold basis through an online auction conducted by UPAVP. The acquisition represents a significant capital outlay for the company's expansion into the Ghaziabad healthcare market.
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. As reported in the company's press release, the proposed hospital is expected to extend Medanta's tertiary and quaternary care services to Ghaziabad and surrounding catchment areas including Meerut, Hapur, Bulandshahr, and eastern Delhi. The Siddharth Vihar land parcel offers a platform to potentially develop a large integrated hospital and expand clinical capabilities. 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 acquisition represents Global Health's expansion into the Ghaziabad healthcare market, positioning the company to serve the growing medical needs of the region. According to the company's filing, the Ghaziabad project would complement Medanta's operational hospital in Noida, strengthening its healthcare network across the eastern and central parts of the Delhi-NCR region. Global Health Group CEO and Director Pankaj Sahni emphasized the strategic importance, stating that "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 planned facility is aimed at strengthening the company's presence across the Delhi-NCR healthcare ecosystem and providing access to high-quality tertiary and quaternary healthcare services for the rapidly growing population of Ghaziabad and the surrounding catchment areas including eastern Delhi, Meerut, Saharanpur, Hapur, Bulandshahr, and western Uttar Pradesh.
Global Health Limited, operating under the "Medanta" brand and headquartered at Defence Colony, New Delhi, is one of the largest private multi-specialty tertiary care providers in North and East India. As of 30 June 2026, the company currently operates six hospitals in Gurgaon, Indore, Ranchi, Lucknow, Patna, and Noida, with 3,737 installed beds across 5.6 million sq. ft. and engages over 2,400 doctors across more than 30 medical specialties. The company is listed on NSE under the ticker MEDANTA and on BSE under scrip code 543654. Beyond its existing network, Global Health has five upcoming hospitals across Mumbai, Delhi (Pitampura and South Delhi), Guwahati, and Varanasi, indicating continued expansion across multiple Indian cities.
