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Fortis Healthcare Secures 15-Year Lease for Multi-Specialty Hospital in Greater Noida

Fortis Healthcare Secures 15-Year Lease for Multi-Specialty Hospital in Greater Noida

Fortis Healthcare secures 15-year lease for ~200-bed Greater Noida hospital, strengthening NCR presence and expanding tertiary care access.

Greater Noida, India:  Fortis Healthcare has announced that its wholly owned subsidiary, International Hospital Ltd. (IHL), has entered into a 15-year lease agreement with RR Lifesciences Limited for a ~200-bed fully operational multi-specialty hospital in Greater Noida. The facility, previously managed under an Operations and Management (O&M) arrangement since October 2022, will now be operated as Fortis Hospital Greater Noida under full operational and financial control of Fortis.

The hospital, situated on a 1.35-acre UPSIDA-leased land parcel with a built-up area of 2.7 lakh sq. ft., has scope to expand capacity by an additional 50 beds, reaching ~250 beds. Strategically located along the Greater Noida Expressway and well connected to the Aqua Line Metro, Yamuna Expressway, and Eastern Peripheral Expressway, the facility is just 34 km from the upcoming Jewar International Airport.

Greater Noida has witnessed rapid urbanization, corporate expansion, and residential development in recent years, creating strong demand for advanced healthcare services. Fortis’ strengthened presence is expected to cater to the medical needs of local communities and surrounding regions while further positioning the city as a healthcare hub in Delhi-NCR.

Commenting on the development, Dr. Ashutosh Raghuvanshi, MD and CEO, Fortis Healthcare, said, “The addition of Fortis Hospital Greater Noida underlines our commitment to strengthening healthcare delivery across NCR. Greater Noida is emerging as an important hub, driven by urbanization, industrial growth, and rising patient demand. With this expansion, we are not only enhancing access to advanced tertiary care but also reinforcing Fortis’ leadership in the region. Our focus will remain on delivering high-quality, ethical, and patient-centric care while exploring opportunities for further growth”.

According to TechSci Research, Fortis Healthcare’s 15-year lease agreement for a ~200-bed multi-specialty hospital in Greater Noida marks a significant step in strengthening India’s healthcare infrastructure. With Greater Noida witnessing rapid urbanization, industrial growth, and rising residential demand, the region faces an increasing need for advanced medical facilities. By assuming full operational and financial control, Fortis can streamline services, invest in technology, and expand capacity to ~250 beds, thereby improving accessibility to high-quality tertiary care. The hospital’s strategic location near key expressways and the upcoming Jewar International Airport enhances connectivity, ensuring timely access to critical care for a larger population base. This development not only addresses the healthcare demand-supply gap in a growing urban hub but also reflects the broader trend of private healthcare providers expanding their footprint across underserved regions. Overall, it contributes to improved patient outcomes, reduced treatment delays, and the long-term strengthening of India’s healthcare delivery ecosystem. 

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