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Property Name:
Vikramgad Medical College Re Vera Institute of Medical Sciences and Research in Palghar

Outstanding Loan Amt:
₹ 30 Cr

Sell Price:
₹ 12 Cr

Total Acre Sqft


Operational Status:


Property Type


Entity Title:


Property Description

Total Land : 52 Acres and 23 Guntas. ( Entire N.A Land)
( Entire Land has either Brick compound or Barbed wire fencing)

Total Sanction Built-up Area: 462524 sq.ft.

Total Construction: 257430 sq.ft.
Which includes Admin Bldg, Classrooms, Boys &Girls Hostel, Mess Canteen, Library, Swimming Pool Cum Changing Room, Principal Bunglow, Director Bunglow, Staff Quarters, Non Teaching and Class IV employee Quarters ( Both for Bachelor and Family), Hospital Building and it's Canteen.

Other Development:
Roads and Land Development.
Water Supply & OH Tank including Pump on River, Bores, Lines, Sprinklers etc.
Sewer line and Septic tank.
Transformer and other electricity installation.
Plantation of fruit bearing trees and other trees compound wall plus fencing.
Tennis Court
Garden and Parks.
Effluent Treatment Plant.
Purification Plant.
Steel Gate at Enterance & Security Cabin.

Condition : Working
Presently Closed bcoz of Non Availability of Staff.
Beds: 350- 400 Beded Hospital.
Consulting Room for OPD : 44.
Major Operation Theatre: 4
Minor Operation Theatre: 3
ICU, NICU & Pediatrics ICU in place.
Blood bank and it's storage.
Radiology: 2 xray Machine with CR +. C -Arm.
Diagnostic lab.
Oxygen Plant.
Generator: 3 ( 62.5 KVA (2 Nos) + 320 KVA)
(Total Cost of Equipment Purchased for Hospital and College is @ 8.5 Cr)

Central Library:3100 books.
Other Facilities: Cricket Ground, Football Ground, Lawn Tennis Court, BasketBall Court and Swimming Pool etc.
Student Capacity: 100 seat Admission of MBBS student.
Future Expansion:
We have sufficient Area to Additionally Dental College, Nursing College, BAMS, BHMS and Paramedical College.
Sources of Revenue:
1. Medical College and Various other Colleges.
2. Hospital
> Govt Schemes for Tribal People.
> Govt Grants for Tribal People.
> Foreign Aid for Tribal People Healthcare
> CSR funding for Rural and Tribal Healthcare Improvement.

3. Clinical Research can be Conducted for various Pharma and Vaccine companies.
4. Medical Tourism can be promoted.

5. Research Centre for Tribal Healthcare Can be started.
6. Revenue can be generated through Fruit Plantation like Mango, Chickoo etc.
Offer Price : INR 120 CR.

Repair & Renovation: INR 10 Cr.

Equipment Purchase :INR 10Cr.

Medical College Permission :INR 5-8 Cr.

Professional Fees for Transaction: INR 4 Cr.

Working Capital: INR 10-20 Cr.

Plus Fund Infusion will be required for further expansion of new colleges.

Liability on the Institute is 30Cr.
Which will be cleared before handing over the property by the owner.

Purchasing and Stamp duty : INR 6 Cr

Property Details

Entity Name:






Sale Type:- Buy
Total Staff:-  50
Total Beds:- 0 Total Classes:- 0
Turnover:-   ₹ 5 Cr
Country:-  india
State:-  Maharashtra
District:-  Palghar
Sub-City:-  Hatne



Hospital 0 kms away

Railway Station 20 kms away

Airport 45 kms away

School 5 kms away

ATM 2 kms away

Shopping Mall 5 kms away

Bank 5 kms away

Bus Stand 3 kms away

Metro Station 40 kms away