Apollo Hospitals has announced big expansion plans that envisages the addition of 3,512 capacity beds over the next four years at 11 locations in the country for an estimated cost of Rs 6,100 crore.

As part of this plan, the healthcare provider has entered into a definitive agreement to build and operate a 500-bed hospital that will come up at Worli, Mumbai.

Apollo Hospitals said in a statement that along with its existing multispecialty facility in Navi Mumbai, and its clinics network, the proposed hospital in Worli would see it catering to every healthcare need.

The proposed capacity expansion will be undertaken through a build-operate-manage project, to be established under an ‘unnati agreement’ executed with Konkan Mitra Manda I (KUMM) on around1. 7 acres of land.

KUMM is a public trust registered under the Maharashtra Public Trusts Act, 1950 and also registered as a society under the Societies Registration Act, 1860.

Apollo Hospitals said in a regulatory filing that the facility will have additional beds to meet charity commissioner rules for indigent and weaker sections of the society and facilitate KUMM in achieving its charitable and social objectives as well.