Spice Global Steps Into Hospital & Realty Businesses

Bhupendra Kumar Modi- led Spice Global has plans to enter into the most booming hospital and realty businesses in India. Spice Global will develop Saket City Hospital, a super specialty hospital in Saket, as the first venture.
Spice Global enters hospital sector with Saket City Hospital

Spice Global enters hospital sector with Saket City Hospital

Spice Global has stepped into hospital and realty businesses with their new super specialty hospital in Saket. The 1000- Bedded Saket City Hospital, the first super specialty hospital of Spice Global, will be completed by 2014. The estimated investment of this hospital is Rs.1,400 Cr.

Spice Global’s Chairman Mr. Modi said that the group has already invested Rs.250 Cr for the development of its first phase. The first phase of Saket City Hospital will be completed by June 2013 with an estimated amount of Rs.400 Cr. The first phase will have 230 beds. Mr. Modi said that the group will raise the fund from internal turnover. Continue reading