Aster to invest ₹580 crore to set up 500-bedded hospital in Yeshwanthpur

Aster DM Healthcare, a city-based healthcare firm, said it would invest ₹580 crore to develop a 500-bedded multi-specialty hospital in Yeshwanthpur, as part of its footprint expansion plan.

With a planned built-up area of approximately five lakh sq. ft, the facility, which would be coming up on a Built-to-Suit (BTS) model, would take Aster’s total bed capacity in Bengaluru to 2,580. The new hospital, fifth in the city, would become operational in the second half of the 2028-29 fiscal year, Aster DM said.

Azad Moopen, founder and chairman, Aster DM Healthcare, said, “With this new addition in Yeshwantpur, we are expanding our capacity in the city to 2,580 beds—making it one of the largest private hospital networks in a single Indian metro. Our vision is to build a seamlessly connected, high-quality healthcare ecosystem across urban India, and Bengaluru is at the heart of this ambition.”

The new hospital would reflect the healthcare firm’s asset-light expansion approach, using Built-to-Suit models to deliver world-class healthcare infrastructure in high-demand corridors, while ensuring capital efficiency, he said. “Over the next few years, we aim to significantly increase our presence across South India by entering new cities and strengthening our footprint in existing ones,” Mr. Moopen added.