Manipal Health Inks ₹816-Crore Long-Term Deal for Additional Space in Yelahanka.

Healthcare provider Manipal Health Enterprises Pvt Ltd has leased a multi-speciality hospital property in north Bengaluru in a long-term transaction valued at approximately ₹816 crore over the tenure of the agreement, according to property registration data analysed by real estate intelligence platform Propstack.

The leased property is a 2.45 lakh sq ft hospital building located in Venkatala, Yelahanka, a rapidly developing healthcare and residential hub in the city. The facility comprises three basement levels, a ground floor and 10 upper floors.

According to the registration records, the lease agreement commenced on November 1, 2025, and has been executed for a period of 29 years and 11 months. The property owners are listed as JKC Varma and others.

The transaction is expected to strengthen Manipal Health's presence in Bengaluru, one of its key markets, while expanding its capacity to cater to growing demand for tertiary and multi-speciality healthcare services in the region.

The deal also highlights continued investor and occupier interest in healthcare real estate, a segment that has seen increasing activity amid rising demand for quality medical infrastructure across major Indian cities.