marking the foray of the realty player Krishna Group in hospitality sector.

Four Points by Sheraton is part of Marriott Bonvoy's global portfolio of over 30 hotel brands.

Situated in Velachery, the hotel is designed to cater to both business and leisure travellers.

E Krishna Reddy, founder-MD of the Chennai-based Krishna Group, said an investment of Rs 150 crore has gone into the creation of the strategically-located upscale debt-free property.

Apart from its proximity to the Chennai international airport, he said the new property can cater to the needs of the OMR business corridor.

"This ideal location offers easy access to Chennai's IT hubs, shopping districts, and cultural landmarks making it an excellent choice for those looking to explore the vibrant spirit of the city," The launch of the 108-key Four Points by Sheraton Chennai took place in Chennai a release said.