Ambuja Neotia Group announced on Friday that it will develop a large integrated healthcare and hospitality project in Guwahati following the approval of its investment proposal by the government of Assam.
The project will be developed on a 2.88-acre mixed-use land parcel at Fancy Bazar, Old Jail Road, with a combined investment expected to exceed Rs 700 crore.
The company said the development will include a 300-bed multi-speciality hospital and a premium 4+ star hotel with approximately 200–250 keys.
Of the total land area, 1.46 acres will be dedicated to the hospital, which will be developed by Ambuja Neotia Healthcare Venture Limited with an estimated investment of around Rs 360–Rs 400 crore. The Ambuja Neotia Group said the hospital will offer ‘advanced’ multi-speciality medical services across disciplines such as cardiology, neurology, orthopaedics, oncology and critical care.
The remaining 1.42 acres will house a premium 4+ star hotel, to be developed by Ambuja Neotia Hotel Venture Limited, with an investment of approximately Rs 350 crore.
The hotel will include banqueting and meeting facilities, and multiple dining experiences, the company said.
The company said the hospital alone projected to create 1,500–2,000 direct jobs, along with substantial indirect employment through allied services and local businesses.
This will be the Group’s second healthcare initiative in Assam, following the launch of the Neotia Bhagirathi Woman and Childcare Centre in Guwahati in 2025.
Parthiv Neotia, joint managing director, Ambuja Neotia Group, said Guwahati holds immense strategic importance as the gateway to the North-East. “We believe this integrated development can contribute meaningfully to the region’s healthcare infrastructure and urban economy,” he said.
“At Ambuja Neotia, we have always believed that meaningful development must serve both people and place. By bringing together advanced healthcare facilities with a thoughtfully designed hospitality component, the project aims to support medical access, create employment, and strengthen Guwahati’s position as an important regional centre for healthcare, business and travel,” he added.
