CapEx News

Mahindra Holidays to invest Rs 4,500 crore to double room capacity

Hospitality and Healthcare Feb 27,2024

Mahindra Holidays & Resorts India plans to invest Rs 4,500 crore to double room capacity to 10,000 by FY30. Expansion includes new resorts, PPPs, and tie-ups with state governments. Investments in Utt

Read More

Mahindra Holidays & Resorts India to invest Rs 800 crore in Tamil Nadu

Hospitality and Healthcare Jan 19,2024

Mahindra Holidays & Resorts India Ltd (MHRIL) is set to invest Rs 800 crore in Tamil Nadu for the construction of three greenfield resorts over the next five to six years. The company has signed an MO

Read More

The Leela Palaces, Hotels and Resorts announces its entry into Northeast India

Infrastructure Dec 07,2023

Leela Palaces, Hotels and Resorts enters Northeast India with a 140-room hotel in Ranka, Sikkim, under a management agreement with the SIBIN Group. Scheduled to open in December 2026, Leela Sikkim aim

Read More

Mahindra Holidays inks MoU with Uttarakhand govt to invest Rs 1000 crore

Hospitality and Healthcare Sep 19,2023

Mahindra Holidays & Resorts (MHRIL) has signed an MOU with the Government of Uttarakhand for a Rs 1000 crore investment to construct 4-5 large resorts in the state. This significant investment aims to

Read More

Greenwood Group to invest Rs 500 crore for hotels in Northeast

Hospitality and Healthcare Aug 30,2023

The Greenwood Hotels and Resorts Group plans to invest Rs 500 crore over a decade for hospitality projects in Northeast India. Their latest property, 'The Greenwood Guwahati,' was introduced

Read More

Apeejay Surrendra Park Hotels inaugurates Zone by The Park in Gopalpur, Odisha

Hospitality and Healthcare Jul 31,2023

Zone by The Park Gopalpur, the latest addition to Apeejay Surrendra Park Hotels, has opened its doors. The hotel offers 40 tastefully decorated rooms equipped with modern amenities such as Z Bar, Play

Read More