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Jupiter Life Line Hospitals to Invest INR 400 Cr in 300-Bed Greenfield Hospital in Thane

Written by : Jayati Dubey

January 21, 2025

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Jupiter Life Line Hospitals, along with its subsidiary, currently operates 1,061 beds across three multi-specialty hospitals in Thane, Pune, and Indore.

Jupiter Life Line Hospitals (Jupiter Hospital) has announced plans to establish a 300-bed greenfield hospital in Thane’s Ghodbunder-Mira Road area.

The project will involve an investment of INR 400 crore and is expected to be completed over the next four years.

The new hospital aims to cater to the healthcare requirements of communities in Dahisar, Mira Bhayandar, and the Vasai Virar Municipal regions, which currently lack adequate medical facilities.

Jupiter acquired an 8,433 sq m land parcel for the project using internal accruals, the company confirmed in a statement to stock exchanges.

Jupiter Hospital's Expansion Strategy

Jupiter Life Line Hospitals, along with its subsidiary, currently operates 1,061 beds across three multi-specialty hospitals in Thane, Pune, and Indore.

The hospital chain plans to more than double its capacity to 2,500 beds within the next four years.

It has allocated a capital expenditure of INR 300 crore each for FY2025 and FY2026, excluding the planned Thane facility.

Jupiter is developing a 500-bed hospital in Dombivli, with an initial investment of INR 120–125 Cr.

An additional INR 200–250 Cr will be spent in the project’s first phase. Meanwhile, work on a second hospital in Pune is set to begin this year.

Jupiter’s hospitals offer diverse tertiary care services, ensuring no major revenue dependence on a single specialty.

As of September 30, 2024, the hospital chain reported a 67.2% occupancy rate.

The Ghodbunder-Mira Road project underscores Jupiter’s commitment to expanding its healthcare footprint in India while addressing underserved regions.

Stay tuned for more such updates on Digital Health News.


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