Superhealth plans to acquire one million sq ft hospital infrastructure in Bengaluru

Superhealth is preparing to expand its presence in Bengaluru with the development of 10 new hospital sites totalling to one million square feet of healthcare infrastructure in various locations across the city. The total deal value is estimated to be between Rs 1,200 crore and Rs 1,500 crore, making it the largest hospital real estate transaction in India.

The new hospitals are planned for locations including Indiranagar, Marathalli, Hebbal, Sarjapur, Vijaynagar, and Kanakpura. These sites are strategically selected to serve different parts of Bengaluru and ensure accessibility for a wide population base. The expansion aims to increase healthcare capacity and improve service quality for residents of the city.

“Early negotiations are progressing smoothly, and if final agreements are reached, the project will significantly boost Bengaluru’s healthcare infrastructure. The plans involve building facilities that adhere to the company’s no-wait, no-commission model, focusing on high quality patient care. The hospitals will emphasize transparency in pricing and streamlined patient flow to reduce waiting times”, said a source with direct knowledge of the development.

The company could not be reached for comment.

Superhealth’s expansion is part of its broader growth strategy. The company intends to open multiple hyperlocal hospitals focussing on exceptional care and convenience. This approach enables quicker development cycles and better coverage in urban areas. The company also plans to leverage its proprietary AI technology for efficient management and delivery of healthcare services through its own hospital software systems that have been designed and built by Superhealth in Bangalore.

The company’s leadership has experience in healthcare and technology sectors. Founder & CEO Varun Dubey previously worked with Apollo Hospitals and led roles at Ola and Practo. He and his team aim to disrupt traditional hospital models by introducing new standards in infrastructure and patient care. The focus is on creating a network of facilities that blend clinical expertise with modern management practices.

Funding for the expansion has been partly secured through investments, with reports indicating the company has raised nearly ?100 crore through debt and equity channels as negotiations continue. The company’s goal is to establish a chain of hospitals that are financially sustainable and capable of scaling rapidly across Bengaluru.

“The high-level deal valuation reflects confidence from investors and stakeholders in the growth potential of the healthcare sector in Bengaluru. The city’s population and economic activity support a rising demand for healthcare services. The planned hospitals will cater to this demand by offering efficient and affordable care”, he said.

As Bengaluru continues to evolve as a hub for healthcare investment, Superhealth’s project is likely to influence other developments in the sector. The focus on affordable, specialized facilities aligned with automation and digital management could set new industry standards. The project also highlights the importance of strategic location choices in urban healthcare infrastructure.

Overall, the expansion will reinforce Superhealth’s position as a key player in India’s healthcare infrastructure. The project’s scale and strategic approach indicate a shift toward more agile, technology-enabled hospital models in urban settings. It also reflects broader trends in healthcare property development driven by increased demand and investment interest.

The completion of these hospital sites will improve healthcare access and introduce new operational standards. The project aims to support the city’s growing population and meet future health service needs effectively. The development will also provide insights into urban healthcare infrastructure investments in India, potentially influencing future projects across the country.