Kolkata-based Peerless Group plans to invest around Rs 1,000 crore in its healthcare and mixed-use real estate projects over the next three years.

It includes development of a 160-bed cancer-care facility, SK Roy Institute of Oncology Services (SRIOS), at an outlay of around Rs 500 crore.  This facility is expected to be launched in 2026. The company may also look at acquisitions in the healthcare space, as announced at the 91st annual general meeting of the Group’s flagship company, Peerless General Finance and Investment (PGFI).

The Group will also develop a mixed-use real estate project, Trayam, in Kolkata, comprising retail, commercial and residential complexes. Entailing an investment of Rs 500 crore, the project will be launched this year, to be completed in the next four years.

PGFI received the licence of an NBFC-investment and credit company (NBFC-ICC). The Group’s turnover stood at around Rs 961 crore in the last financial year.