Lemon Tree Motels introduced that its subsidiary, Fleur Motels, has obtained a Letter of Award (LOA) from the Delhi Improvement Authority (DDA) in India.
This follows Fleur Motels being declared the profitable bidder for the licence rights to a main 2.256-acre land parcel in Nehru Place, New Delhi.
The licence is meant for growing and working a five-star resort below the Aurika model.
Development on the upcoming resort, specifically Aurika, Nehru Place, will start quickly. As soon as full, it will likely be the model’s first property within the Nationwide Capital Area.
The LOA is legitimate for 12 months from issuance, topic to compliance with DDA situations and tender paperwork.
In an announcement, DDA mentioned: “The bidding course of, carried out on August 13, noticed Fleur Motels safe the undertaking with an annual license payment supply of Rs271.9m, about 50% larger than the reserve worth.”
The undertaking will embody all actions associated to the event and operation of the resort on the licensed web site.
Aurika, Nehru Place will function greater than 500 rooms, positioning it among the many largest motels in Delhi.
It is going to supply premium lodging, signature eating, giant banqueting amenities, and leisure facilities. Designed equally to Aurika, Mumbai SkyCity, the resort will mix grandeur with a particular Delhi aptitude, aiming to attraction to each refined enterprise travellers and leisure friends.
Lemon Tree Motels chairman and managing director Patanjali Keswani acknowledged, “Delhi has at all times been a strategic focus for us. Aurika’s entry will ship a luxurious expertise that’s about dwelling, not simply staying – a landmark in model, consolation, and repair for the area.”
“Lemon Tree Motels’ subsidiary wins bid for five-star resort improvement” was initially created and printed by Resort Administration Community, a GlobalData owned model.
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