Order winNotableFiled on BSE ·

Jupiter Life Line Hospitals receives land allotment approval from MMRDA for hospital project

Jupiter Life Line Hospitals · Healthcare Services

Arthneeti Research DeskPublished 1 min read
₹354 CrOrder win

Key highlights

  • MMRDA accepted Jupiter Life Line Hospitals' tender for 80-year lease of ~10,026.44 sqm land at Bandra-Kurla Complex
  • Lease premium payable is approximately ₹354 crore for land to develop a ~400 bed hospital
  • Project execution will follow phased timelines upon receiving statutory and regulatory approvals

Why it's rated notable: the amount is 22% of annual revenue (20% to 50%)

Original filing

Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order

Read the filing on BSE (PDF) →

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Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.