Portfolio Summary
12 Clinical Establishments
Address
Chennai
Nature of Interest
Freehold
Hospital Services Company
Fortis Health Management Limited
(FHML)
Interest of RHT in Hospital
Services Company
100.00%
Name of Fortis Hospital
Fortis Malar Hospital
Care Type
Secondary and Tertiary
Approximate Land Size (acres)
0.67
Approximate Built-up Area (sq ft)
107,922
Operational Beds
as at 31 March 2016
167
Installed Bed Capacity
as at 31 March 2016
178
Occupancy
62% (FY15: 60%)
Appraised Value by the
Independent Valuer as at
31 March 2016 (INR m)
941 (S$19.14m)*
(FY15: 814 (S$17.92m)
#
)
Service Income (S$ m)
4.01
1
(FY15: 3.75)
2
malar
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.
*
based on an exchange rate of
S$1 = INR 49.17 as at 31 March 2016.
#
based on an exchange rate of
S$1 = INR 45.43 as at 31 March 2015.
1
based on an average exchange rate of
S$1 = INR 47.36 as at 31 March 2016.
2
based on an average exchange rate of
S$1 = INR 47.41 as at 31 March 2015.
030
Religare Health Trust