Dr. Azad Moopen, founder and president of Aster DM Healthcare
Aster DM Healthcare has invested almost ₹ 480 million rupees to establish its fourth Multiespecty hospital in Bangalore. The company informed the exchanges of shares that a lease agreement has signed to establish a 430 bed installation in Sarjapur.
The first phase of the project is expected to comprise 300 beds, be operational in the second half of fiscal year 27, with the 130 traninal beds scheduled for completion in fiscal year 29.
Sarjapur Road is emerging rapidly as the next Ti center in Bengaluru, promoted by a robust infrastructure development and strategic location advantages. The Karnataka Industrial Areas Development Board (Kiadb) has announced plans to develop a latest generation IT concentrator distributed in 1,050 acres. This initiative is complemented by an increase in approved residential and commercial projects, positioning Sarjapur as a high growth corridor. Its proximity to the areas of IT established such as Whitefield, Outer Ring Road (ORR) and Marathhalli, along with a proposal subway line under phase 3, further improves its appeal, said the company.
Dr. Azad Moopen, founder and president of Aster DM Healthcare, said: “The installation will be a comprehensive multispecialty hospital in the micro market of southeast Bengaluru, with a strong approach to Footprinting Footprinting Footfuleing Sarjapury Sarjapury Sarjapury Footprinting. In Bengaluru.
The company’s shares closed to ₹ 535.15, 3.03 percent in the EEB.
Posted on May 7, 2025