6 November 2026 Punjab Khabarnama Bureau : Manipal Hospitals has secured a long-term land lease in Gurugram, Haryana, to develop a new multi-speciality hospital, strengthening its presence in the Delhi-National Capital Region (NCR). The healthcare group has entered into an agreement with Singapore-based Thakral Corporation to lease approximately 3.5 acres of land for constructing and operating the proposed healthcare facility.
The agreement was announced on November 4, 2026, through a regulatory filing by Manipal Health Enterprises Limited. The land is owned by TIL Investments Private Limited, an Indian subsidiary of Thakral Corporation. Under the arrangement, Manipal Hospitals will develop, operate, manage and maintain the hospital at the designated location.
The lease agreement has been signed for an initial period of approximately 30 years. According to the companies, the proposed hospital will be developed in phases, with the first phase expected to have a capacity of up to 500 beds.
The project is expected to strengthen Manipal Hospitals’ healthcare network in Delhi NCR and provide additional medical facilities to residents of Gurugram and surrounding areas.
3.5 Acres of Land Leased for Hospital Development
The approximately 3.5-acre land parcel is situated in Gurugram, in the revenue estate of Village Kherki Daula, Tehsil Manesar, according to the company’s regulatory disclosure.
The location is considered strategically important because of its connectivity to Indira Gandhi International Airport and other major infrastructure facilities. It is also situated close to upcoming residential developments and infrastructure projects.
The long-term lease provides Manipal Hospitals with access to the land required to establish and operate the proposed multi-speciality healthcare facility.
The lease arrangement has been structured for 29 years and 11 months, providing the hospital operator with a long-term operational framework for the project.
New Hospital to Have Up to 500 Beds in First Phase
The proposed multi-speciality hospital is expected to have up to 500 beds in its first phase. The facility will provide advanced healthcare services and strengthen the availability of specialised medical treatment in Gurugram.
Multi-speciality hospitals generally offer treatment across several medical departments, including cardiology, neurology, oncology, orthopaedics, critical care and other specialised services.
Although the companies have not announced a detailed list of departments or an opening timeline, the project is expected to support the growing demand for quality healthcare services in the region.
The development will also strengthen Manipal Hospitals’ position in the competitive Delhi NCR healthcare market, where demand for advanced medical infrastructure continues to increase.
Manipal Hospitals Looks to Expand Delhi NCR Presence
Delhi NCR is an important growth market for Manipal Hospitals. The company has been expanding its healthcare operations across different parts of India through new hospital projects, acquisitions and infrastructure development.
The proposed Gurugram hospital is expected to complement its existing healthcare facilities in the National Capital Region.
Dilip Jose, Chief Executive Officer of Manipal Hospitals, said Delhi NCR was an important geographical market for the organisation. He stated that the proposed Gurugram hospital would help strengthen the company’s presence and enable it to serve the region’s growing healthcare requirements.
He also highlighted the company’s partnership with the Thakral Group and said Manipal Hospitals looked forward to bringing its clinical expertise and patient-centric healthcare model to the new location.
The proposed project is part of the company’s broader strategy to increase its healthcare capacity and strengthen its presence in important urban markets.
Thakral Corporation Enters Healthcare-Focused Real Estate Sector
The agreement is also significant for Thakral Corporation, which is expanding its investment activities in India.
Through its Indian subsidiary, TIL Investments Private Limited, the Singapore-listed company has entered into a long-term arrangement with Manipal Hospitals for leasing the Gurugram land.
Inderbethal Singh Thakral, Chief Executive Officer and Executive Director of Thakral Corporation, said the partnership provided the company with an opportunity to participate in India’s growing healthcare sector.
He also described the arrangement as an important step in the group’s entry into healthcare-focused real estate.
The company plans to develop an integrated health and wellness ecosystem around the proposed hospital. The wider development is expected to include hospitality and retail offerings that complement the hospital’s specialised medical services.
The proposed ecosystem is intended to address the increasing demand for healthcare, wellness and related services in Delhi NCR.
Healthcare Demand Driving Expansion in Gurugram
Gurugram has emerged as an important healthcare destination in the Delhi NCR region, with a growing population, residential developments and demand for specialised medical services.
The expansion of residential and commercial infrastructure has increased the need for hospitals, diagnostic centres and other healthcare facilities.
The proposed Manipal Hospitals project is expected to contribute to the region’s healthcare infrastructure by adding a facility with up to 500 beds in its first phase.
The hospital’s location near major transport and infrastructure networks could also make it accessible to patients from different parts of Delhi NCR.
The project reflects the growing interest of major healthcare groups in expanding their presence in India’s urban markets through long-term infrastructure investments.
Long-Term Growth Strategy
Manipal Hospitals’ Gurugram project represents another step in the company’s expansion strategy. By securing a long-term land lease, the healthcare group has established the foundation for developing a new multi-speciality hospital in an important regional market.
The proposed 500-bed facility, along with the wider health and wellness development, is expected to strengthen the healthcare ecosystem in Gurugram.
While the companies have not disclosed a specific construction completion date, the project highlights their shared interest in developing healthcare infrastructure and meeting the region’s expanding medical needs.
The partnership between Manipal Hospitals and Thakral Corporation is expected to bring together healthcare expertise and real estate development capabilities to establish a new healthcare destination in Delhi NCR.