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Aster Medcity

promoted by http://www.dmhealthcare.com/wp-content/themes/dmh/images/DMhealthcarenew.jpg

Kerala's first and largest Integrated planned Medical city, one of India's largest. Promoted by UAE based DM Healthcare, having various healthcare portfolios units spread across GCC Countries and India.

Friends, being first planned mega project at a cost of Rs 1500 crore for its Phase 1, kindly post news, pics, information and other details in this dedicated thread.

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Aster MEDCITY

Masterplan Launched

Some of the silent features

* Build across 1 km waterfront on 38 acres at Cheranallur, Kochi

* 10 minutes drive from MG Road and Marine Drive

* 3.2 Million sq. ft. built up area in Phase I

* 540 beds in Phase I

* 500 seat Medical Convention Centre

* 4-star Hotel & Serviced Apartments

* Staff accommodation for Medical & Para Medical staff

* High class residential development

* Expected Township population of around 10,000

Some Pics

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:banana::banana::banana:

Pics of Interiors planned

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What is the specialty of the project?

Aster Medcity is not a regular hospital or multi-specialty tertiary hospital project. Its a well planned mega campus, highlighting the objectives of ASSOCHAM (Association of Chamber of Commerce of India) for setting up planned medical cities in India, as part of making the country the hub of Medical tourism.

The concept revolves around establishing key Center of Excellence (COEs) in multiple areas of specialties which acts itself as research hub along with treatments. The Aster Medcity will have 9 COEs as Phase 1, each autonomous units with key co-operation and support leading operational partners across the world.

The Aster Medcity will have 9 COEs as Phase 1


Aster Childrens’ Hospital
Aster Cancer Hospital
Aster Heart Hospital
Aster Institute for Bone and Spine
Aster Institute for Neurology
Aster Institute for Gastroenterology and Herpetology
Aster Institute for Nephrology & Urology
Aster Institute for Minimally Invasive Surgery
Aster Aesthetic Centre


Out of this, 6 are major COE, while 3 are minor COEs.

MedCity is trying to involve reputed institutions in the country and abroad for intellectual and operational partnership in the overall project or in the individual centres of excellence. This will help to benchmark against the best and adopt their protocols and procedures.

MedCity shall involve actively in Post Graduate Teaching and Training programs as well as in Clinical Trials and Research to usher in COEs.

Apart from this, a Multi-specialty General Hospital and Clinical Support Center will be there for regular and secondary treatments. The Clinical Support Center will have following sub-units


Emergency Centre
Critical Care Unit
Operation Suite
Diagnostic Centre
Day Care Centre
Health Check Up Centre

The Second phase of the project aims to complete remaining 2.8 Million sqft, marking full completion of 6 Million Sqft.

The second phase plans to add around 1500 beds to existing making one of the largest in South Asia.

More dedicated COEs is planned along with Medical College, Nursing College, Support & Hospital Management training center.

A residential zone is planned for entire staff as part of this Second Phase

Major Support facilities with Aster Medcity

As phase 1 itself, the Medcity will have

1. 500 Seater dedicated Medical Convention Center

2. A well planned integrated Research center with one of country's largest Medical library

3. A 4 star hotel and 3 towers of serviced apartments for byestanders and non-patient guests

4. Housing facility of Doctors and other medical staff, making fully residential facility

5. Waterfront views from all IP rooms with boat jetties and water facades

Major Support facilities with Aster Medcity

As phase 1 itself, the Medcity will have

1. 500 Seater dedicated Medical Convention Center



MI, any idea about the projected timelines for phase1 and phase2 ?

MI, any idea about the projected timelines for phase1 and phase2 ?

Thanks MI for bringing up the thread with complete details.

The Construction has started and AFAIK, 1 floor is complete. Phase I comprising of 540 bed hospital, to the tune of Rs 500 Crore will roll out by Sep 2012, if things go as planned :cheers:

That's less than 1 year from now :)

Thanks MI for bringing up the thread with complete details.

The Construction has started and AFAIK, 1 floor is complete. Phase I comprising of 540 bed hospital, to the tune of Rs 500 Crore will roll out by Sep 2012, if things go as planned :cheers:

That's less than 1 year from now :)

Is it 500 crore or 1500 crore... I have conflicting reports... Do you have any idea? I don't think, you can build all these as Phase 1 with just 500 crore.... Or may be just the hospital complex alone.....

Is it 500 crore or 1500 crore... I have conflicting reports... Do you have any idea? I don't think, you can build all these as Phase 1 with just 500 crore.... Or may be just the hospital complex alone.....

AFAIK, Phase I is a 540 bed hospital alone worth Rs 500 Crore.

this will be awesome once completed as shown above.
it will be metro of hospitals

Once completed it will be another milestone for Kochi :banana::banana::banana:

Good Work MI ^^

Great project. :applause:

BTW, will they atleast provide a free backwater ride after undergoing expensive treatment there? :D

Great project. :applause:

BTW, will they atleast provide a free backwater ride after undergoing expensive treatment there? :D

will common man be ever able to go and get treatment there... sounds a costly affair..look and feel gives a very posh healtcare centre , so charges will be according to that.

will common man be ever able to go and get treatment there... sounds a costly affair..look and feel gives a very posh healtcare centre , so charges will be according to that.

DM has various centers catering to all class of people. No idea, whom they target to this project. Infact, this is focused on Medical Tourism, still it has to cater common folks so as to stay there.

That is perfectly alright. Let us treat it like the other hospitality projects. Does the poor (or the middle class) ever use the five star facilities?

That is perfectly alright. Let us treat it like the other hospitality projects. Does the poor (or the middle class) ever use the five star facilities?

Middle Class, now a days, might extend their budget if there are priorities. For e.g: My friend required a surgery, which costed Rs 50K, and there was some new method in which he will be fine in 3 days, that cost Rs 1 lac, We went for the latter so that he can leave the hospital 2 weeks earlier!

Azad Moopen presenting the Kochi Med-City @ 32nd AKMG Convention, Alaska, USA

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Wikimapia markup of Aster Medicity

Is anyone living nearby? great if someone can post some updates.

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Olympus Capital invests Rs 5 billion in Indian healthcare firm DM Healthcare (http://www.dealcurry.com/20120118-DM-Healthcare-Raises-R500Cr-From-Olympus-Capital-For-India-Expansion.htm)
Private equity firm Olympus Capital Holdings Asia Wednesday said it has bought a minority stake in privately-held DM Healthcare Pvt. Ltd. for about $100 million.

Olympus Capital didn’t reveal the size of the stake it has acquired, but it said that it is now DM Healthcare’s largest external investor and that its nominees will join the company’s board.

DM Healthcare, which provides healthcare services in the Gulf Cooperation Council countries, is expanding its presence in India from the current 900 hospital beds. DM Healthcare is setting up a R1500Cr hospital in Kochi, it is also setting up a medical college and a 750 bed hospital at Wayanand. Apart from these greenfield projects, it is also expanding through acquisition. The company has finalised deals in Kolhapur and Pune. It has launched ‘Aster-Eye Care' centre in Faridabad and plans to open 20 centres across the country by 2015.

It owns and operates the largest network of hospitals, clinics and pharmacies in the United Arab Emirates, under the Aster and Medcare brands. It also has operations in Qatar, Oman and Saudi Arabia.

Olympus Capital Holdings Asia bought the DM Healthcare stake through Olympus Capital Asia Investments Ltd.

Road work drags on in Cheranellore (http://www.deccanchronicle.com/channels/cities/kochi/road-work-drags-cheranellore-043)
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An existing bathing ghat being closed by Medicity promoters.

A section of the Cheranellore panchayat residents in the northern fringe of the city, are agitated with the promoters of the over Rs 1000 crore Medicity project coming up on over 50 acres on the banks of a branch of Periyar at Edayakunnam, as the work on the road and drainage has been dragging for the past few months.

Promoters have also failed to keep the promise of constructing a bathing ghat on Kothad river for around 180 families.

The project promoters were forced to take up works at the insistence of the panchayat authorities owing to the flooding caused by the construction of the boundary wall for the project.

Local people say deep trench has been dug on the road for building drainage and telephones cables. Careless digging has damaged the road, so now travel on the road is a nightmare with no tarring done till date.

The people are also agitated over the absence of any bathing ghat in the river which they were using freely till date. “The people have been denied any bathing ghats by the reclamation activities for the project and the boundary wall construction for the same.

This act of the Medicity is a clear violation of the agreement that they entered on May 10, 2011, with the Cheranallore panchayat. People are planning an agitation to get back their right on the river,” said Radhakrishnan, a resident.

When contacted, Alex Mathew, administration manager of the Medicity project, said that they had promised only one bathing ghat which was delivered. “There is now a demand by external elements for an additional bathing ghat which is not justified,” he said. He added that the road works will be completed by April 20 and the delay was caused due to the contractor to whom the project was awarded by the company.

Cheranellore Panchayat president K.K. Suresh said the Medicity promoters have promised to complete the road work by April 20 and the original agreement was for only for building one bathing ghat.

UPDATES

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UPDATES

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atlast you got it .... where exactly this is coming up , is it having entrance at container terminal road....can you mark it on wikimapia

Fantastic Updates :banana::banana:

Excellent updates vjkrishn, is it Amritha Institute of Medical science tower on the right to Aster underconstruction building.

Why was the project delayed?

Why was the project delayed?

http://astermedcity.com/Evolution.aspx
Just check this link

^^

Thanks VJ. Exact location please?

Excellent updates vjkrishn, is it Amritha Institute of Medical science tower on the right to Aster underconstruction building.
Thanks Prasanth
Yes,that's Amritha Institute of Medical science on the right side of medcity. On the left side you can see Marriott hotel

Thanks Prasanth
Yes,that's Amritha Institute of Medical science on the right side of medcity. On the left side you can see Marriott hotel

Thanks for information

atlast you got it .... where exactly this is coming up , is it having entrance at container terminal road....can you mark it on wikimapia

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There is no direct entrance from the container terminal road. I have marked the route which I took to reach there, in red. About 500mtrs before bridge 2 you have to turn right to enter a road running parallel to the ICTT road. That road will connect you to the road leading to medcity. The condition of the roads are very bad.

There is no direct entrance from the container terminal road. I have marked the route which I took to reach there, in red. About 500mtrs before bridge 2 you have to turn right to enter a road running parallel to the ICTT road. That road will connect you to the road leading to medcity. The condition of the roads are very bad.

Thanks for detailed mapping....
Hope the Container terminal road will soon transform into another Bypass like Kundanoor - Edapally stretch.....It has the potential... projects like these will help attracting more projects...

Back side view of Medcity - The structure is really huge

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Any updates on apollo hospital??

^^
Don't know where it is located or whether they have been able to identify the land for their project. There were reports saying that they are looking for 5 acres of land inside the city and that they held talks with Le Meridian group for buying their vacant piece of land.

Back side view of Medcity - The structure is really huge

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Excellent update VJ... :cheers:

^^
Thanks Arunsid.

What is the status of this project as of now? I think this is a silent employment creator since Smart city etc looks like screwed up.

I heard that this creates 30 to 40 K direct employment.If that was the case why are we giving too much importance to an IT project like Smart city where nothing is happening.

New website for Aster medcity... going by the video, this looks truly world class... I dont know how affordable for common man...
It look more like five star hotel...

anyways this is sure to be a big boost for Kochi's/kerala's healthcare sector.

http://rainmedia.in/aster/index.php

^^

Good Find KMC.

Here's the video.

MThIQCtEyV4

Great.This is going to be a job creator in the healthcare sector. There was a speech by the MD that this project is going to bring back highly qualified healthcare professionals from all over the world back to Kerala.

Perhaps this project along with lots of other projects is going to make Kochi a healthcare destination just like what IT has done to Bangalore. When will this project get completed?

Kochi has started thinking beyond IT now.

Kochi has started thinking beyond IT now.

I disagree. The ITVty crowd has just started thinking about Kochi beyond IT, that's all.

This had always been a forerunner business city. IT is just a part of it.

Yes ,but there are various options in healthcare for Kochi to grow even if IT and port related activities do not grow as expected.Smart city is not taking off and Vallarpadam is struggling because of Cabotage problem.

Kochi can also be a healthcare destination(Aster Medicity, Renai Medicity etc). This is also one of the areas like IT where there is no trade unionism.As of now there are no hitches in this sector.Cant tell about tommorow

I disagree. The ITVty crowd has just started thinking about Kochi beyond IT, that's all.

This had always been a forerunner business city. IT is just a part of it.

^^

I think you din't get what he meant. Whatever, Kochi is gearing up as the next Health tourism destination.

BTW, Renai Medicity is just another hospital. We have much bigger facilities @ Amrita, Lakeshore, Medical Trust etc.

Yes that is what I meant. Kochi should be the next Health tourism destination.
I thought Renai Medicity is a huge setup.

^^

I think you din't get what he meant. Whatever, Kochi is gearing up as the next Health tourism destination.

BTW, Renai Medicity is just another hospital. We have much bigger facilities @ Amrita, Lakeshore, Medical Trust etc.

Yes that is what I meant. Kochi should be the next Health tourism destination.
I thought Renai Medicity is a huge setup.

Just name Medcity won't make into a city or mega project... Its just a hospital with 500 beds with super-specialty options.... Its indeed premium corporate hospital, but definitely not a mega project.....

What makes Aster city different from projects like Renai etc, are the Center of Excellence tag with multiple centers, each focused on a particular area... Even though such tagging is not seen in Amrita or Lake-shore, they too work towards it... Say Amrita's Cardiac center is one of most celebrated COE in South India or Lakeshore's Cancer Care center etc..... Even Medical Trust has 2 or 3 COEs, like Heart, Neuro etc

Some hospitals, have one COE, say Angmaly's Little Flower of Eye or Lisie Hospital's Neuro services or PVS's ENT/Liver etc....

Aster is a combination of nearly 10 to 12 COEs.... So naturally the scale is totally different....

Aster Medicity is anyways going to be a milestone in healthcare sector and an employment provider since it is going to create 30 to 40000 direct and indirect jobs.

Not only regarding the COE , there are full facilities for a township.Also there will be medical professionals who earn very high income probably on par with IT professionals in Bangalore. So this is going to change the face of already booming Kochi once again. Edapally-Cheranellor belt will be the healthcare destination of Kerala just like Kakkanad is a hot IT destination

Regarding Renai it was my ignorance. Kindly bear with me.:)

Just name Medcity won't make into a city or mega project... Its just a hospital with 500 beds with super-specialty options.... Its indeed premium corporate hospital, but definitely not a mega project.....

What makes Aster city different from projects like Renai etc, are the Center of Excellence tag with multiple centers, each focused on a particular area... Even though such tagging is not seen in Amrita or Lake-shore, they too work towards it... Say Amrita's Cardiac center is one of most celebrated COE in South India or Lakeshore's Cancer Care center etc..... Even Medical Trust has 2 or 3 COEs, like Heart, Neuro etc

Some hospitals, have one COE, say Angmaly's Little Flower of Eye or Lisie Hospital's Neuro services or PVS's ENT/Liver etc....

Aster is a combination of nearly 10 to 12 COEs.... So naturally the scale is totally different....

^^ Due to the above reasons I suggest we can give this project its due importance just like we give it to Smart City or Infopark

Aster Medicity is anyways going to be a milestone in healthcare sector and an employment provider since it is going to create 30 to 40000 direct and indirect jobs.

Not only regarding the COE , there are full facilities for a township.Also there will be medical professionals who earn very high income probably on par with IT professionals in Bangalore. So this is going to change the face of already booming Kochi once again. Edapally-Cheranellor belt will be the healthcare destination of Kerala just like Kakkanad is a hot IT destination

Regarding Renai it was my ignorance. Kindly bear with me.:)

but still we are behind Kovai when it comes to healthcare i believe :(

but still we are behind Kovai when it comes to healthcare i believe :(

I don't believe that.... Coimbatore has few corporate hospitals, run corporate entities, whereas this scenairo is not so easy in Kerala, where Missionaries run Mega hospitals, each competiting bringing latest technology while providing lower costs... Many are not corporatized, hence we may not feel the glitz and glamour associated with it...

Say how many of us known Lourde Hospital introduced, India's first biplane digital flat panel cathetherisation laboratory, which was also for the first time in South Asia and 2nd after Singapore in entire South-ASEAN countries.... We must, in 2007, when it was introduced, even entire US had 7 such labs and Europe having just 4... From outside, it looks like any cheap ordinary hospital.....

There are many credits similarly........ Naturally our state never been considered key for corporate brands, as they will find too difficult to compete with Missionaries hospitals....

Kerala is the frontrunner in Healthcare in India.

And Kochi tops in Kerala. After Aster Medcity comes up Iam sure Kochi will be the prime healthcare destination in South India.This project is going to give health tourism and healthcare a new meaning. As per what I read and heard in the site it will not be a mere hospital but an employment provider not only for qualified doctors but also for many Malayali nurses who otherwise migrate abroad. Also there will be a self contained township.

Fingers crossed that the project takes off in a big way as expected.

Kerala is the frontrunner in Healthcare in India.

Aster Medcity Phase I by second half of 2013 (http://www.thehindubusinessline.com/news/states/dm-healthcare-to-invest-rs-2300-cr-in-kerala/article4269487.ece)
KOCHI, JAN. 3: DM Healthcare, a leading healthcare conglomerate in West Asia and India, has firmed up plans to invest Rs 2,300 crore in Kerala over a period of three years. Of the total investments, the group has earmarked Rs 1,100 crore this year.

This includes Aster Medcity in Kochi at an investment of Rs 500 crore, DM Wayanad Medical College and WIMS Hospital at a cost of Rs 250 crore, a 200 bed super speciality hospital in Kannur at an investment of Rs 100 crore.

Speaking to Business Line on the sidelines of the Global Healthcare Summit, Azad Moopen, Chairman, DM Healthcare, said the group aims to reach people across geographies with the objective of making quality healthcare accessible to people in the countries of its operation.

DM Healthcare is currently present in four GCC countries and India with a network of 150 establishments, offering diverse and comprehensive healthcare facilities.

Referring to Aster Medcity in Kochi, he said the first phase of the project is on track for commissioning during the second half of this year. The first phase includes a 550 bed Core Hospital with 9 Centres of Excellence (COEs) in various super-specialties like Cardiology, Ortho, Oncology etc.

The 40-acre Medcity campus will have a 500 seat medical convention centre, a 4-5 star hotel etc. A high-end residential facility of about 1.5 million square feet is also planned.

The addition of nearly 3,000 beds to the existing 750 beds in Kerala under DM Healthcare’s operations through Malabar Institute of Medical Sciences is likely to provide direct employment opportunities for at least 12,000 people, he added.

Guess this would attract people from other states too, to work as doctors and labourers.

Yes, As I always told Iam very optimistic about this project. This project will make Kochi one of the prime healthcare destinations in India and it will provide job opportunities to medical professionals outside the state.

Guess this would attract people from other states too, to work as doctors and labourers.

Construction update of Aster Medicity

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^^

Coming up nicely, TS Prasanth :cheers1:

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SOME UPDATES

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MEDCITY SECOND PHASE PLAN

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