India, April 16 -- Max Healthcare Institute hasunveiled its plan to invest ~Rs 2500 crore for the development of world class healthcare infrastructure in the city. It has also announced renaming of Sahara Hospital as Max Super Speciality Hospital, Lucknow.

Max Healthcare recently completed the acquisition of Healthcare Undertaking consisting of 550 bedded Sahara Hospital on a slump sale basis from Sahara India Medical Institute at an enterprise value of Rs 940 crore.

Situated in the heart of Lucknow, Max Super Speciality Hospital has a current operational bed capacity of 285 beds. It is located on a land parcel of 27 acres at Gomti Nagar, Lucknow, an upmarket residential and commercial hub.

The acquisition of Sahara Hospital marks the ...