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Emaar MGF enters healthcare and education sector

Emaar MGF enters healthcare and education sector
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First Published: Wed, May 02 2007. 11 42 AM IST
Updated: Wed, May 02 2007. 11 42 AM IST
PTI
Mumbai: Real estate developer Emaar MGF Land is planning to enter the healthcare and education sector in the country with a chain of 50 hospitals and 100 schools and universities over the next seven years.
“In the healthcare sector the company plans to launch a chain of 50 hospitals in the next seven years,” Emaar MGF Land Pvt Ltd Managing Director and Executive Vice Chairman Shravan Gupta told PTI.
In the education sector, the company is aiming at 100 schools and few universities in the country. They are also adopting a holistic approach toward healthcare with primary and secondary hospitals that they propose to set up across the country.
Speciality hospitals would be introduced depending upon the need and requirement of a specific region. The company is in talks with leading domestic and international chains for operating these hospitals.
The Delhi-based company is a joint venture between Dubai’s real estate company Emaar Properties PJSC and MGF Developments.
About 70% of these hospitals would be part of the ‘Health and Wellness Zones’ in the Emaar MGF townships across the country.
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First Published: Wed, May 02 2007. 11 42 AM IST
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