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Modi Group to invest $1 billion in realty, wellness space in Delhi, Mumbai

In Delhi, a wellness city will be developed with medical office buildings, residencies, service apartments, a rehab centre and a quaternary care hospital, and senior care facilities

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BS Web Team New Delhi
Dr Bhupendra Kumar Modi-led Modi Group will invest $1 billion in various sectors, including realty and wellness, with the intent to transform the value chain. In the wellness space, the investments will be in the form of brownfield developments in preventive care centres.

In the realty sector, the company will undertake mixed-use developments in New Delhi, Mumbai and Rampur. In Rampur, the new facility will include a shopping mall, multiplex, hotel & service apartments and group housing. In Delhi, a wellness city will be developed with medical office buildings, residencies, service apartments, a rehab centre and a quaternary care hospital,