Max Healthcare to Invest Rs 1,020 Crore in Pune with Acquisition of Yerawada Properties; Shares Rise 2%

Shares of Max Healthcare Institute gained momentum on Thursday, rising as much as 1.76% to Rs 1,049.85 on the BSE from the previous close of Rs 1,031.65. At the latest check, the stock was trading 1.37% higher at Rs 1,045.80.The positive market reaction followed the company’s announcement that its board has approved the acquisition of a 100% equity stake in Yerawada Properties Private Limited (YPPL).

This move is part of Max Healthcare’s broader plan to develop a super-speciality hospital in Pune, Maharashtra.In a regulatory filing dated December 18, Max Healthcare revealed that the board has authorized the establishment of a 450-bed super-speciality hospital on land owned by Yerawada Properties. The total investment for the project is estimated at Rs 1,020 crore, covering the acquisition cost of Yerawada Properties shares, construction, medical equipment, stamp duty, and registration charges.

The acquisition cost for the shares alone is projected at around Rs 200 crore.Yerawada Properties, a real estate development company, owns a 1.68-acre freehold land parcel in the prime locality of Yerawada, Pune. Max Healthcare emphasized that this centrally located site is well-suited to accommodate the proposed healthcare facility.

The company highlighted Pune’s status as a thriving city with a large and growing middle-class population, driving increasing demand for quality healthcare. The new hospital aims to serve residents of Pune and nearby areas, with an expected completion timeline of approximately four years.As of September 30, 2025, Max Healthcare’s network had an existing capacity of about 5,200 beds, further strengthening its position in the healthcare sector. Stay tuned to know more about it and others only with us.