The AP branch of the Indian Red Cross Society that has governor E S L Narasimhan as its president does not have the funds to construct a multispecialty hospital in the city for which the foundation stone was laid over four years ago.
The AP branch of Indian Red Cross Society had approached the Hyderabad district administration about five years ago seeking land for a multispecialty hospital. The Society was then allotted 1,227 square meters of land behind its premises located near LV Prasad Eye Institute on Road No. 2, Banjara Hills.
According to the proposal, the multispecialty Ayush hospital was slated to have a research centre dealing with all Indian systems of medicine under one roof. The cost of raising the seven-storied structure was estimated to be Rs 10 crore.
A few weeks ago, the Hyderabad administration conducted a survey of vacant government land in the city and stumbled upon the one allotted to the Red Cross Society. According to sources, Hyderabad collector Mukesh Kumar Meena visited the premises and was told that the land was lying vacant due to paucity of funds. [Source]