Fortis Healthcare signs 29-year agreement to provide healthcare services at a 400-bed super-specialty hospital in Ashok Vihar, Delhi, partnering with SLJ Society. A Rs 567 crore loan is planned to support the project.

Fortis Hospotel Ltd signed Healthcare Services Agreement with Seth Sunder Lal Jain Charitable Eye Hospital for 29-year term. Fortis will provide inpatient healthcare services, clinical manpower, specialized equipment, and phased loan. New 400-bed hospital in Ashok Vihar expected to commence operations in 3–4 years subject to necessary approvals. This expansion extends Fortis services to over 3,400 beds across Delhi-NCR region.

Fortis Hospitals signed a definitive healthcare services agreement with SLJ Society to operate a 400-plus bed super specialty hospital at Ashok Vihar, Delhi. The hospital is located on 3.1 acres and expected to commence operations in 3-4 years, subject to necessary approvals. The agreement executed by Fortis Hospotel Limited (FHTL), a Fortis subsidiary, provides long-term exclusive rights to deliver inpatient healthcare services and clinical manpower. The HSA has a committed term of 29 years with option to extend on mutually agreed terms. SLJ Society will own and develop the land, building, and associated infrastructure. FHTL will provide phased loans over 3-4 years based on construction progress. The hospital will provide tertiary and quaternary healthcare services in Oncology, Neurosciences, Cardiac Sciences, Gastroenterology, Orthopaedics, Renal Sciences, multi-specialty robotic surgeries and Transplants. This brings Fortis' serviceable bed count to over 3,500 beds across Delhi-NCR.

Fortis Hospotel, a wholly-owned subsidiary of Fortis Healthcare, has signed a Healthcare Services Agreement (HSA) with Seth Sunder Lal Jain Charitable Eye Hospital (SLJ Society) for a 400+ bedded super specialty hospital at Ashok Vihar, North-West Delhi.

Hospital details:

• Location: ~3.1 acres in Ashok Vihar, one of Delhi's key populous districts
• Planned capacity: 400+ beds, operationalized in phases
• Expected commencement: 3-4 years subject to necessary approvals
• Ownership and operation: SLJ Society
• Healthcare services provider: Fortis Hospotel

Agreement terms:

• HSA committed term: 29 years with option to extend
• Fortis will provide exclusive inpatient healthcare services including specialized equipment: Cath Lab, LINAC, PET-CT, Surgical Robot
• Fortis will provide clinical manpower
• Service fee to be paid by SLJ Society
• Fortis will provide phased loan over 3-4 years based on construction progress
• SLJ Society owns and develops land, building, and associated civil and medical infrastructure

The Municipal Corporation of Delhi (MCD) has sought ₹145 crore from the Chief Minister Development Fund (CMDF) to redevelop eight markets:

• South Moti Bagh: ₹3.9 crore; Vasant Kunj B-7: ₹3.2 crore (south zone).
• District Centre: ₹15.8 crore; A-3 Block Market, Janakpuri: ₹3.2 crore (west zone).
• Netaji Subhash Place, Pitampura: ₹52.8 crore; Deep Market, Ashok Vihar: ₹12.2 crore (Keshavpuram zone).
• Mangalam Palace Market, Rohini: ₹37.8 crore; Karkardooma: ₹17.3 crore (Shahdara south zone).

Proposed work includes road re-carpeting, footpath and parking improvements, green belts and walking plazas, civic utility upgrades, boundary walls and lighting. The proposal was presented to the chief minister at a recent meeting after earlier attempts to obtain funding through the Centre’s National Clean Air Programme (NCAP) did not materialise. Netaji Subhash Place, described as one of north Delhi’s busiest commercial and recreational hubs, is slated for common-area improvements, more greenery and levelled parking.