Dr. Shetty buys 200 acres for East End Grand Cayman development !
Posted by Oasis Land Development Ltd on November 25, 2011
Dr. Shetty buys land for Cayman Islands mass hospital development.
Dr. Devi Shetty’s plans to build a health city in the Cayman Islands, Grand Cayman is under way as the internationally renowned surgeon has completed the purchase of 200 acres of land, according to his local project director, signally the project is still on track. Gene Thompson said the documents have been signed and the Indian doctor has bought 200 acres of land at High Rock in East End from land owner Joseph Imparato for the future Narayana hospital.
The East End project will also include the development of Hotels, residential accommodation and support facilities. This will make land in the East End sought after and in demand. Oasis Land Development currently only have 1 plot of land left in the east end, which means the current investors of Royal Residence can plan to be the owners of some of the most sought after land in Grand Cayman.
Shetty’s plans to kick start medical tourism in the Cayman Islands have been in the drawings board for more than 2 years. The doctor signed an official MOU with the Cayman Islands government in April 2010 requiring a number of legislative changes in order to facilitate his vision for the health city in exchange for the investment.
The first phase is expected to be a small hospital but over the next 10 – 15 years Shetty has said he plans to roll out to other elements, including a tertiary-care hospital, an educational facility, an assisted-care community and biotech research centre.
