MHADA's Oshiwara Plot Sold To Medanta Hospital for Rs 1.25 Bn

The MHADA Mumbai Board has successfully conducted an e-auction for the sale of plots reserved for a hospital and four educational institutions in various colonies in Mumbai. The highest bid of INR 1.25 billion was placed by Global Health Ltd. for the Medanta Hospital plot in Oshiwara.

Medanta Hospital, one of India's premier hospitals, is renowned for providing comprehensive and affordable world-class healthcare. With this acquisition, Medanta Hospital's services will soon be available to the residents of Mumbai through MHADA.

The Mumbai Board conducted the tender process for five plots through an e-auction today. The plot reserved for the hospital in Oshiwara measures 8,850.25 square meters and had a base price set at INR 674.9 million by the board. Global Health Ltd. secured this plot with the highest bid of INR 1.25 billion.