Jupiter Life Line Hospitals Ltd has acquired land in Bibvewadi, Pune, with an area of ~11,500 Sq. Meter, on a leased basis. The period for lease is 10 years with an annual lease rental of Rs.9.27 Crores. Further, the company will have the option to purchase the land after three years. The land is leased for setting up a hospital.

The Board has approved a limit of not more than 500 Crores of Capital Expenditure for the proposed project.

Over the course of 3 - 4 years, 500 beds are proposed to be added on the hospital to be built on this land. This proposed hospital will serve the neighboring community of South Pune region, which is currently underserved.

The company along with its subsidiary has an existing total bed capacity of 961 beds as on 31st December, 2023. The company's occupancy was 63.2 % of its capacity as on 31st December, 2023.