Ambuja Realty – 3 hotels in West Bengal

July 31, 2008 at 7:32 am Leave a comment

City-based real estate developer Ambuja Realty Development Ltd will build three luxury hotels in northern West Bengal, the company’s top official has said.

Two of the hotels would be in Darjeeling district – at Makaibari in Kurseong and Siliguri – while the third would be near Gorumara forest in Jalpaiguri district, company chairman Harshavardhan Neotia said in an exclusive interview to IANS.

The company has already acquired land for these hotels, and the project details are being worked out, he said.

“These will be luxury hotels with 30-40 rooms to begin with,” Neotia said.

The projects would be funded through both debt and equity.

The company has not been able to start the construction work yet due to the political turmoil in Darjeeling and the adjoining areas in the recent past, he said.

“The hotel in Makaibari will be located in the middle of tea gardens and enhance tea tourism in Darjeeling,” he said.

More at Source


Entry filed under: Hotels.

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