Mont Vert Group Secures $500 Million Deal for Medical University and Hospital in Kazakhstan
Pune-based real estate giant Mont Vert Group has signed a $500 million agreement with Kazakhstan’s Big B Corporation to develop a medical university and a multi-specialty hospital. The project, part of a joint venture with SRAM & MRAM Group and KAZIND Medical Group, will significantly boost Kazakhstan’s healthcare infrastructure.
Real EstateMedical UniversityMultispecialty HospitalMont Vert GroupKazakhstanReal EstateJun 16, 2025
As per a press release by UK-based SRAM & MRAM Group, Mont Vert Group has been entrusted with the construction and development of this project. This private healthcare initiative is being undertaken jointly by SRAM & MRAM Group, Big B Corporation, and KAZIND Medical Group of Kazakhstan. The deal was made possible due to the efforts of Mr. Ajay Bhandari and Mr. Mahendra Joshi, Directors of Big B Corporation and SRAM & MRAM Group respectively.
Last October, the Kazakh government approved 243 hectares of land in Astana and 100 hectares in Almaty for the project. The campus will house a medical college accommodating 10,000 students and a multi-specialty hospital with 1,000 beds. Mont Vert Group, a trusted name in Pune’s real estate landscape, has successfully delivered over 6.8 million square feet of residential and commercial projects. Chairman Mr. Jayantilal Kaneria and Managing Director Mr. Neeraj Kaneria bring over 30 years of experience to the industry.
Mr. Sailesh Lachu Hiranandani, Chairman of SRAM & MRAM Group, said, “Mont Vert Group represents the pinnacle of excellence in Indian real estate. Their experience and quality commitment make them the ideal partner for this international healthcare venture.” The project is expected to significantly enhance the healthcare infrastructure in Kazakhstan, providing world-class medical education and healthcare services to the region.
Frequently Asked Questions
What is the total value of the deal signed by Mont Vert Group?
The total value of the deal signed by Mont Vert Group is $500 million (approx. ₹4,300 crore).
Who are the key partners in this healthcare project?
The key partners in this healthcare project are Mont Vert Group, Big B Corporation, SRAM & MRAM Group, and KAZIND Medical Group of Kazakhstan.
Where is the project land located?
The project land is located in Astana and Almaty, with 243 hectares in Astana and 100 hectares in Almaty.
What facilities will the medical university and hospital include?
The medical university will accommodate 10,000 students, and the multi-specialty hospital will have 1,000 beds.
What is Mont Vert Group's experience in the real estate industry?
Mont Vert Group has over 30 years of experience in the real estate industry and has successfully delivered over 6.8 million square feet of residential and commercial projects.
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