Religare Health Trust - Annual Report 2015 - page 30

DESCRIPTION
Malar Clinical Establishment is a multi-
specialty secondary and tertiary hospital,
located on Gandhi Nagar First Main Road,
Adyar, Chennai.The hospital was established
in 1992 and its key specialties are cardiac
sciences, neurosciences, orthopaedics, renal
sciences and gynaecology.
Chennai is the fourth most populous
metropolitan city and the sixth most
populous city in India. The urban
agglomeration of metropolitan Chennai has
an estimated population over 8.2 million.
Chennai’s economy has a broad industrial
base in the automobile, computer,
technology, hardware manufacturing,
and healthcare industries. Chennai zone
contributes 39.0% of the state’s GDP. It has
a bed to population ratio of 1.6 per 1,000
population for its primary and secondary
catchment area population. As of 2011,
Chennai requires an additional 7,413
beds over and above the existing supply of
31,659 beds to cater to its direct primary
and secondary catchment population of
19.5 million.
Chennai, Malar
*
based on an exchange rate of S$1 = INR 45.43 as at 31 March 2015.
#
based on an exchange rate of S$1 = INR 47.73 as at 31 March 2014.
1
based on an average exchange rate of S$1 = INR 47.41 as at 31 March 2015.
2
based on an average exchange rate of S$1 = INR 48.27 as at 31 March 2014.
ADDRESS
Chennai
NATURE OF INTEREST
Freehold
HOSPITAL SERVICES
COMPANY
Fortis Health Management
Limited (FHML)
INTEREST OF RHT
IN HOSPITAL
SERVICES COMPANY
100.0%
NAME OF FORTIS HOSPITAL
Fortis Malar Hospital
CARE TYPE
Secondary and Tertiary
APPROXIMATE
LAND SIZE (SQ FT)
39,195
APPROXIMATE
BUILT-UP AREA (SQ FT)
107,922
OPERATIONAL BEDS
AS AT 31 MARCH 2015
167
INSTALLED BED CAPACITY
AS AT 31 MARCH 2015
178
OCCUPANCY
60%
(
FY14:
60%)
APPRAISED VALUE BY
THE INDEPENDENT
VALUER AS AT
31 MARCH 2015 (INR M)
814 (S$17.92m)*
(
FY14:
753 (S$15.77m)
#
)
SERVICE INCOME (S$ M)
3.75
1
(
FY14:
3.49)
2
Portfolio Summary
12 Clinical Establishments
RELIGARE HEALTH TRUST
28
1...,20,21,22,23,24,25,26,27,28,29 31,32,33,34,35,36,37,38,39,40,...136
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