Vaishnavi Group team up with Manipal Hospitals for Built-to-suit Hospital

A quite fmous and prominent name of real Estate Vaishnavi Group spread their hands of friendship Manipal Hospitals Authority in order to construct built-to-suit hospital in South Bangalore.The whole project will spread across a super built-up area of 3.3 lakh square feet, the tertiary care hospital is being designed as a world-class hospital with 250 beds.

The project ‘Vaishnavi Sushrutha’ will be named after the prodigy of medical surgery Sushrutha, who is known as ‘Father of Surgery’. The project is located in Kanakapura Main Road. The construction work of this project was started in March 2022, and the whole construction of the project is expected to complete by December 2024, making it one of the most advanced hospitals in the city. 

In an interview with media, the director at Vaishnavi Group, Darshan Govindaraju said, “The needs of the medical and wellness industry have significantly evolved over the years and particularly with the COVD-19 pandemic accelerating the health awareness of the public and the introduction of highly specialised healthcare. We are delighted to extend our existing partnership with Manipal Hospitals to develop a built-to-suit hospital with state-of-the-art design to house the most advanced healthcare professionals and equipment. This is also a testament of the industry leaders identifying Vaishnavi as their preferred partner for their highly specialized needs”.

According to a report by international property consultant titled as, “The Evolving Indian Healthcare Ecosystem”, India requires 1.3 billion square feet of additional healthcare space by 2030. The country will require 2.9 million additional hospital beds to reach the current global average of 3.2 beds per 1,000 persons. This assumes significance as India is fast becoming a popular destination among medical tourists coupled with a strong demand for private healthcare providers in both rural and urban centers, and the shift from disease cure to prevention and wellness are expected to drive this sector to greater heights in the future.