Abhinandan Lodha Group, a leading real estate developer, plans to invest an estimated INR 2,000 Crore to develop five luxury hotels across the country’s most famous heritage and cultural sites, including Ayodhya, Varanasi, Vrindavan, Shimla, and Amritsar.
The developer has partnered with its renowned hospitality brand, Leela Palaces Hotels and Resorts, to develop a luxury modern palace hotel near the Shri Ram Janmbhoomi Temple in Ayodhya. The upcoming hotel will be the first palatial hotel in the vicinity, sprawling across an anticipated 5 Acres of land parcel along the banks of the River Sarayu. The 100-key hotel will see an estimated investment of INR 450 Crore and is anticipated to be fully operational by March 2028.
Also Read: Ayodhya’s Next Chapter: Green Field Township Project Breaks Ground
The Ayodhya Hotel will be part of the Abhinandan Lodha Group’s larger development, ‘The Sarayu‘, covering approximately 51 Acres of land parcel. It includes residential plots, villas occupying nearly 31 Acres of land, and high-rise luxury apartments over approximately 15 Acres. The hotel will be designed around the theme of Indian culture and heritage.
Leela Palaces Hotels and Resorts will manage the operations of the clubhouse, serviced villas, and serviced luxury apartments. It will also oversee the design and development of the project alongside being the joint partner of the venture.
The remaining four hotels will be built around the same theme and will be financed at a similar level.
Biltrax Construction Data is tracking 28,000+ projects on their technology platform for their clients.
Get exclusive access to upcoming projects in India with actionable insights and gain a competitive advantage for your products in the Indian Construction Market.
Visit www.biltrax.com or email us at contact@biltrax.com to become a subscriber and generate leads.
Disclaimer: The information contained herein has been compiled or arrived at, based upon information obtained in good faith from sources believed to be reliable. All such information and opinions can be subject to change. The image featured in this article is for representation purposes only and does not in any way represent the project. If you wish the article to be removed or edited, please email editor@biltrax.com.
1Discover more from Biltrax Media, A Biltrax Group venture
Subscribe to get the latest posts sent to your email.
