JV Ventures, an investment management firm focused on value-added infrastructure, has entered the healthcare infrastructure space with The Medical Centre (TMC). With a target investment of USD 600 million, TMC targets to set up 75 centres in cities, including Bengaluru and Pune, over the next five years.

TMC, a holistic real estate solution will create healthcare facility by bringing together convenient end-to-end medical services and integrated wellness under one roof. The first TMC centre with be operational at HITECH City in Hyderabad in the next six months. TMC centres will be located near residential neighbourhoods for access to healthcare services with specialty clinics, physicians, diagnostics and pharmacies under one roof. TMC provides doctors and clinics the option to lease purpose-built medical facility that save upfront investments in infrastructure.

TMC platform also undertakes built-to-suit for hospital chains, in new locations in alignment with their asset-light approach to expansion. Moreover, India is likely to witness an exponential growth in demand for hospital beds for in-patient services, expected to reach 3.57 million by 2033.