Business Standard

Peerless group plans Rs 1,000 crore capital expenditure over three years

In real estate, plans are being charted to launch a 15-floor retail-commercial-residential real estate project called Trium at Rajarhat

capex, capital, expenditure
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Ishita Ayan Dutt Kolkata

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The Peerless group is eyeing a capex of Rs 1,000 crore across its businesses over the next three years.

In the healthcare business, the group has lined up a capex plan of Rs 600 crore. It would be invested in setting up an oncology block at Peerless Hospital, which is undergoing expansion to increase the capacity of beds from 400 beds to about 750-800 beds.

In real estate, plans are being charted to launch a 15-floor retail-commercial-residential real estate project called Trium at Rajarhat. The investment is expected to be around Rs 400 crore.

The holding company of the group,

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First Published: Jul 31 2023 | 11:16 PM IST

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