Board approves new Gaudium Women Hospital in Lucknow, project cost up to Rs 15 cr
GAUDIUMIVF · price
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Board approved setting up Gaudium Women Hospital in Lucknow through a 30-year land lease with Mrs Abhilasha Singh and Abhilasha Enterprises, with a 15-year lock-in. Company will pay 10 percent of net monthly revenue as lease plus a Rs 3 crore refundable security deposit. Estimated total project cost: up to Rs 15 crore for construction, medical equipment, and commissioning. Parties are unrelated to promoters. Not a related party transaction.
Expands hospital footprint to Lucknow. Rs 15 cr capex with revenue-share lease limits upfront cash burn but adds execution and operating risk.