India, May 12 -- Manipal Health Enterprises has acquired a hospital property in Andheri for Rs.495 crore, completing the second leg of an overall Rs.908-crore transaction involving the site, according to property registration documents accessed through CRE Matrix.

The healthcare provider, backed by Temasek Holdings and TPG, acquired a 752 sq m land parcel along with a hospital building with a built-up area of 21,000 sq m. The transaction was registered on May 6, with stamp duty of Rs.29 crore paid for the deal.

The sellers included Khubchandani Hospitals Private Limited, Khubchandani Properties and Investment Private Limited, and Perfect Realty Private Limited.

The latest acquisition concludes a transaction initiated in 2024, when Beng...