Max Healthcare to Enter Pune with 450-Bed Hospital, Invests Over INR 1,000 Cr

The hospital is expected to be developed and commissioned over the next three years.

Max Healthcare Institute Ltd (MHIL) on Wednesday announced its entry into the Pune healthcare market with plans to establish a 450-bed super speciality hospital in Yerawada, involving an investment of over INR 1,000 crore. 

The hospital is expected to be developed and commissioned over the next three years.

According to the company, the upcoming facility will be located in Yerawada, a centrally positioned area in Pune. Once operational, the hospital will become Max Healthcare’s fourth facility in Western India, expanding its footprint in Maharashtra.

The project will be executed through the staggered acquisition of a 100% equity stake in Yerawada Properties Private Limited (YPPL), followed by the development of the hospital infrastructure over the stated period. The company did not disclose the phased investment schedule but confirmed that the total outlay would exceed INR 1,000 crore.

Max Healthcare said the hospital will be designed as a super specialty facility and will house 450 beds upon completion. The proposed development is part of the company’s broader expansion strategy in key urban healthcare markets.

Commenting on the development, Abhay Soi, Chairman and Managing Director of Max Healthcare Institute Ltd, said Pune’s urban growth and healthcare demand were key factors behind the decision. He added that the company views this as its first planned facility in the Pune market, with additional developments being evaluated over time.

Pune has emerged as one of Maharashtra’s major healthcare hubs, driven by population growth, rising income levels, and increased demand for tertiary and quaternary care services. The city has also seen sustained private sector investment in hospital infrastructure over the past decade.

With this announcement, Max Healthcare joins a growing list of large hospital operators expanding capacity in western India. The company currently operates multiple facilities across North and West India, with a focus on multi-speciality and super-speciality care.

The Pune hospital project is expected to add significant bed capacity to the city once commissioned, although the company has not yet disclosed timelines for construction milestones, specialty mix, or staffing plans.

Max Healthcare Institute Ltd is listed on the Indian stock exchanges and operates one of the country’s largest networks of private hospitals.

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