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Manipal Health takes Bengaluru hospital building on long-term lease
Manipal Health Enterprises has leased a 245,000-sq ft multi-speciality hospital in Bengaluru's Yelahanka for nearly 30 years, with an estimated total rental outgo of ₹816.1 crore. The lease agreement includes a starting monthly rent of ₹1.27 crore and a 10% rent escalation in the sixth year.
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thehindubusinessline.com
Manipal Health expands Bengaluru presence, adds 2.45 lakh sq ft in Yelahanka at ₹816-crore long-term deal
The lease agreement has been signed for a period of 29 years and 11 months with a starting monthly rent of ₹1.27 crore followed by a structured rental escalation
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hindustantimes.com
Manipal Health Enterprises Pvt Ltd leases hospital building in Bengaluru for ₹816 crore for nearly 30 years
