Express Healthcare

Medanta approves 400-bed hospital project in Varanasi

Board clears lease agreement with Shripal Hospitality for multi-specialty facility with Rs 550 crore investment

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Medanta announced plans to establish a 400-bed multi-specialty hospital in Varanasi. The Board of Directors approved the execution of agreements to enter into a built-to-suit and lease arrangement with Shripal Hospitality and others.

Under the arrangement, civil infrastructure will be developed by the partner in line with Medanta’s specifications, while Medanta will invest in interior services, fit-outs and medical equipment. The total investment by Medanta is estimated at approximately Rs 550 crore.

The proposed hospital will be developed on a freehold land parcel in central Varanasi and is expected to serve a population of over 4 million in the city and surrounding regions. The facility will provide clinical care across multiple specialties.

This expansion follows Medanta’s existing presence in Uttar Pradesh, including its 950-bed hospital in Lucknow and 550-bed hospital in Noida. The proposed Varanasi facility will add to its operations in the state.

Dr Naresh Trehan, Chairman and Managing Director, Medanta, said, “We are pleased to announce our plans to establish a 400-bed multi-specialty hospital in the heart of Varanasi, a city of deep cultural and spiritual significance. This expansion reflects Medanta’s commitment to enhancing access to advanced healthcare in a densely populated region, while delivering high-quality, patient-centric care with compassion, in line with our philosophy, “Har Ek Jaan Anmol.”.

The proposed facility will not only address the growing demand for tertiary care in Varanasi but will also serve as a key healthcare hub for Eastern Uttar Pradesh. With this addition, Medanta will further strengthen its presence in the State, building on the strong foundation established by our hospitals in Lucknow and Noida, and continue to serve the evolving healthcare needs of the region”

Pankaj Sahni, Group CEO, Medanta, said,
“Varanasi represents a significantly underserved market for quality healthcare within the state. Despite its dense population, the city currently faces a gap in access to high-quality tertiary care, with a majority of existing facilities operating at a relatively smaller scale of 50–150 beds. Consequently, patients often need to travel outside the city to access advanced and complex treatments.

Medanta aims to address this gap by establishing a 400-bed super-specialty hospital, bringing best-in-class clinical expertise, advanced technology, and comprehensive care closer to the population it serves.

With an established presence in central Uttar Pradesh through our Lucknow facility and in western Uttar Pradesh through our Noida facility, the proposed hospital in Varanasi will strengthen our footprint in eastern Uttar Pradesh. Upon completion, this expansion will position Medanta among one of the largest private hospital networks in the state, with a capacity of approximately 1,900 beds.”

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