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B K Modi-led Smart Group to invest Rs 2,000 cr to set up wellness city in Delhi

B K Modi

A wellness city would soon be developed in Delhi’s Saket area by B K Modi-led Smart Group.

As per a top official of the company, an amount of Rs 2,000 crore would be invested to set up the city comprising medical offices, wellness living centres, hotels and wellness treatment centres. It will be adjacent to Max Smart Super Speciality Hospital in Saket.

Responding to the development, Smart Group Founder and Chairman B K Modi was quoted by PTI, “We will be investing around Rs 2,000 crore to open a wellness city in Saket by 2025. It will cater to our concept of ‘beyond 100’ living, which means a happy, healthy, productive and independent life.”

The city will have 1,400 units of different kinds including wellness treatment centres, he added.
About expansion of the wellness concept in India, Modi said that the group also plans to develop a wellness city near Rampur in Uttar Pradesh. The city will have wellness homes, wellness entertainment facilities, mall, hotels, multiplex, wellness treatment centres, he added.

Talking about the concerns of overseas citizens of India on investing in India, Modi said: “I am an Overseas Citizen of India (OCI). I feel there is need to tweak the OCI policy so that it becomes easier to bring investments in India.”

Regarding his focus on sector, he said, “I am going to take a lead in wellness. I would want to compete globally and not only in India”.

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