
Max Healthcare to Invest ₹170–200 Cr in 130-Bed Dehradun Hospital
Dehradun’s growing population and rising demand for quality care drive this new hospital project
Max Healthcare Institute Ltd. is set to strengthen its presence in Dehradun with a new 130-bed hospital, investing ₹170–200 crore to meet the city’s growing healthcare needs. The announcement comes on the heels of strong June-quarter results, reflecting the company’s focus on expanding in regions with rising priority for quality care.
The proposed facility will be developed by Goyal Agrim Infra Realty LLP under a lease arrangement and is expected to be operational by 2028. Max Healthcare said the investment will be funded entirely through internal accruals and will cover milestone-linked deposits, stamp duty, and costs of medical equipment, furniture, and infrastructure. Reports say that the lease will run for 29 years, with an option to renew for another 29.
“There is a dire need to expand tertiary care capacity in the city,” Max Healthcare said in a statement. The new hospital will not only serve Dehradun residents but also patients from nearby districts and neighbouring states. The company said the expansion was imperative to cater to the growing demand for better healthcare facilities in Dehradun, where its existing hospital is operating at more than 80% occupancy.
The announcement coincided with Max Healthcare’s quarterly earnings report. The company reported a 30% year-on-year growth in consolidated net profit at ₹308 crore for the June quarter, while revenue from operations surged 31% to ₹2,028 crore. Network-wide, Max operates about 5,200 beds, with a high utilization rate of over 76% in Q1FY26.
Chairman and Managing Director Abhay Soi said these developments will “significantly enhance both clinical and financial performance.” The company is also advancing several expansion projects across its network. A 160-bed tower at Max Mohali has completed trial runs and is nearing commissioning, while additional capacity at Max Smart in Delhi and Nanavati-Max in Mumbai is expected to become operational soon.
Over the past decade, Dehradun has seen rising demand for quality healthcare, fueled by a growing population and an expanding middle class. By 2028, Max Healthcare plans to close the gap in tertiary care through state-of-the-art facilities and quality care in the hill state capital while reinforcing its strong presence across North India.