Medicity hospital to commence operations from October 2009

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July 10, 2009

The Meticity Super Specialty Tertiary Care Hospital, Gurgaon, promoted by the noted cardiac surgeon Dr Naresh Trehan under Global Health Pvt Ltd, is at the advanced stage of completion and expected to commence operations from October 2009. The total cost of the project is estimated at Rs 932 crore and will be funded at a debt-equity ratio of one is ten. Yes Bank, India's new age private sector Bank, has announced the financial closure of an Rs 500 crore Project Finance for Medicity Hospital.

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Harbinder Virdi