Krishna Institute of Medical Sciences Limited (KIMS) announced that it will enter into definitive agreements for taking land on a 99-year lease and purchase of a building for the setting up of a new Hospital at Thane. It would be a multi-specialty hospital with tertiary and quaternary care facilities having a land area of approximately 2.59 Acres and a total built-up area of 2.72 Lakh sq. ft.

The proposed hospital will have a bed capacity of 300 beds (approx.) and the investment in the project is expected to be around INR 5,000 million. This will be the first hospital of KIMS in the Mumbai-Thane region and the third in Maharashtra, following its presence in Nagpur and Nashik. The Nashik unit will be opening in first quarter of fiscal year 2025.