Realty player Hiranandani Group today announced that it would be investing Rs 200-crore into a multi-speciality 200-bed hospital, adjacent to its upcoming township in this suburb of Mumbai.
"We will be spending Rs 200 crore for this hospital which is being built on a two-acre land... It will be ready in two years and will have 200 beds," Group Founder and Managing Director Niranjan Hiranandani said here.
Asked if he expects the hospital to drive sale of the proposed township of 18 residential towers, he parried a direct answer and said, "Everything benefits, the purpose is to serve the people."
The township, Rodas Enclave, is coming up next to the already existing Hiranandani Estate in Thane and the promoter sounded confident of completing the work on the project spread over 100 acre in 30 months.
The Group would be left with nearly 100 acres at the site even after the hospital and housing project, Hiranandani said, adding that the company may consider erecting a hotel on the land in the future.
Apart from realty, the Hiranandanis are present in the hospitality sector through two hotels at Powai in Mumbai.
The Group is also looking for suitable sites in the Mumbai metropolitan region to launch its maiden project in the affordable housing segment, he added.
Hiranandani, who also advices the Centre on housing and habitat policy, lamented the "step-motherly" treatment meted out to Thane and specifically mentioned that the metro and mono-rial proposals in the city are not taking-off even as the work on the Mumbai metro nears completion.
