Announced Tue, 30 Jun · 09:15 IST
Park Medi World announces 100-bed expansion at Gurugram hospital
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PARKHOSPS · price
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AI summary
Park Medi World (PARKHOSPS) announced its wholly owned subsidiary Umkal Health Care will expand the existing 225-bed Park Hospital in Palam Vihar, Gurugram with 100 new beds. The new unit, Park Hospital Platinum, is expected to start by November 2026. Total cost is about INR 25 crores, funded from internal accruals. The Palam Vihar hospital had about 86 percent occupancy and around INR 245 crore revenue in FY26. Group's Gurugram bed capacity will rise to 750 beds.
Likely market impact
Brownfield expansion lifts Palam Vihar bed capacity by 44 percent. Self-funded, execution risk ahead of November 2026 launch.