Hospital for sale in Kunnamkulam
The Hospital is situated in Arthat - Kunnamkulam, Thrissur District. It is 6 kms from Guruvayur, 8 kms
from Chavakkad and 2 kms from Kunnamkulam town, adjoining Kunnamkulam - Guruvayur road. This is
a 450-bed multispeciality hospital project planned in 3 phases. The hospital was partly commissioned
with 100 beds only in November, 2000. The foundation is provided for the 450-bed hospital. Structural
work is already completed for a 200-bed facility.
Present Status
This hospital is not operational at present, now with bank.
Total market value excluding equipments and other movable assets if any Rs. 106.34 crores
Expected price (land and building) = Rs. 45 Crores
The Hospital was functioning with the following departments -
1. Accident and Emergency
2. Anesthesiology
3. General Medicine
4. General surgery
5. Orthopaedics
6. Obstetrics and Gynaecology
7. Dermatology
8. ENT with Endoscopic surgery
9. Ophthalmology – Part time
10. Paediatrics/Neonatology with phototherapy & resuscitation units
11. General Surgery with 2 major & 1 minor OT (laminar flow theatres)
12. ICU –ventilator/ defibrillator
13. X-Ray, Ultrasound and lab services.
14. Physiotherapy
15. Cardiology, Endocrinology, Neurology, Urology, Clinical Psychology – Part timeMain Building
The main building is planned in 4 floors – Ground plus 3 floors and a basement area in 2 levels.
Existing 5 blocks - A,B,C,D & E which are interconnected.
Total area of the building will be 256,000 sq,ft, once finished with 450-bed capacity.
Constructed Area:
Basement floor area - 36,154 sq.ft.
Mezzanine floor - 5,842 sq.ft. Finished [94,218] sq.ft.
Ground floor - 48,095 sq.ft.
Ramps and inter-
connecting passage - 4,167 sq.ft .
First floor: A-Block - 11,148 sq.ft.
B-Block - 6,104 sq.ft. Partly finished
E-Block - 6,890 sq.ft
Total area - 118,400 sq.ft.
Plinth area - approx. 48,000 sq.ft.
Bed capacity
Single rooms : 36
ICU : 12 beds
Casualty : 8 beds
General wards : 44 beds
Total : 100 Beds
Land 4.19 acres
Details of finance requirement of Hospital
Valuation Details
389 cents of land by the side of Guruvayoor- Kunnamkulam highway having a market value of Rs. 23 Lacs
per cent totalling Rs. 89.47 Crores
125000 Sq Ft of concrete multi storied building valued at Rs. 1350/- per Sq Ft totalling Rs. 16.87 Crores
Therefore, the Total market value excluding equipments and other movable assets if any Rs. 106.34 crores
Financing Requirements
For settling liabilities
Urgent need of Rs 35 Crores for settling bank and other liabilities and for renovation and reopening of the
hospital, the details of which are as under
Secured Loans to Financial Institutions (KSIDC, KFC, & IOB) Rs. 10.00 Crores
Unsecured Loans Rs.5.00 Crores
For renovation and restarting hospital
Rs. 20 crores are needed for renovation, restructuring of existing facilities including preliminary expenses
& consultation fee to restart hospital operation. Once the hospital is in working condition cash flow will
automatically start to repay the interest and loan. Moreover, market value of running hospital project
near to Guruvayur will be enormous as the hospital is strategically located.
The area is commercially highly valued as the location is having showrooms of Mahindra, Toyota, HP filling
station, and other commercial institutions including an ENT specialty hospital.
Therefore, the total fund requirement to restart the hospital is Rs. 35 Crores
Expected price (land and building) = Rs. 45 Cr
