Krishna Institute of Medical Sciences Limited (KIMS) announced that it will enter into definitive agreements for taking land on a 99-year lease and purchase of a building for the setting up of a new Hospital at Thane.

It would be a multi-specialty hospital with state-of-the-art tertiary and quaternary care facilities having a land area of approximately 2.59 Acres and a total built-up area of 2.72 Lakh sq. ft. The proposed hospital will have a bed capacity of 300 beds (approx.) and the investment in the project is expected to be around Rs. 500 crore. This will be the first hospital of KIMS in the Mumbai-Thane region and the third in Maharashtra, following its presence in Nagpur and Nashik. The Nashik unit will be opening in Q1 FY25.

Dr. B. Bhaskara Rao, CMD, KIMS Hospitals said "This acquisition in Thane, Mumbai reinforces our vision to provide affordable quality care to all. The new project will add to the growing value chain of hospitals and holds good potential for the company to reach out to more patients.