New Delhi [India], June 30: Park Medi World Limited (NSE: PARKHOSPS; BSE: 544645): Umkal Health Care Private Limited, a wholly-owned subsidiary of the Company, has today approved a significant expansion of its existing 225-bed Park Hospital in Palam Vihar, Gurugram, with the addition of 100 new beds – a move that underscores the Park Group’s continued commitment to strengthening healthcare infrastructure and deepening its footprint.
The Palam Vihar facility is one of the flagship hospitals of the group; in FY’26, it had an occupancy of ~86%, delivered a revenue of ~INR 245 crs.
The newly expanded facility will be branded Park Hospital Platinum and is slated to commence operations in November 2026. Conceived as a distinctive addition to the healthcare landscape, the facility aims to set a new benchmark by seamlessly integrating elite healthcare facility with advanced clinical care, offering patients an unparalleled experience that combines comfort with comprehensive medical excellence.
With this expansion, Park Group’s consolidated bed capacity across Gurugram will rise to 750 beds, further reinforcing its ability to address the region’s growing demand for quality, accessible, and advanced healthcare services.
The expansion at Palam Vihar will be strategically oriented towards bolstering super-specialty capabilities, with focused investments directed at key high-acuity disciplines. This will enable the hospital to deliver comprehensive tertiary care across a broader spectrum of complex medical conditions, further elevating the standard of specialized healthcare delivery in the region.
Dr. Ankit Gupta, Managing Director, Park Medi World Limited, said:
“It is my privilege to announce the expansion of Park Hospital, Palam Vihar, with 100 additional beds under the name Park Hospital Platinum, commencing November 2026. This boutique healthcare facility brings together advanced clinical excellence and a truly elevated patient experience. With this, our consolidated capacity across Gurugram rises to 750 beds, reinforcing our commitment to comprehensive super-specialty care. We thank our clinicians, staff, and patients for their continued trust as we set new standards in healthcare.”
About Park Group
Park Group is North India’s 2nd largest hospital chain, currently operating 16 hospitals with a combined capacity of 3,960 beds. The Group is in the process of integrating four additional hospitals and expanding capacity at 2 existing units. These are in various stages of execution and will add 1,630 beds to our network. With these, Park Group’s total capacity is expected to reach 5,590 beds by March 2028, underscoring its commitment to leadership and growth in healthcare delivery.
Disclaimer: This article is for informational purposes only and does not constitute financial advice.