Manglam Group commits Rs 350 cr for 220-key Sheraton on Jaipur-Ajmer Highway
Third Marriott tie-up for the Jaipur developer, anchoring a Rs 1,000 crore hospitality roadmap targeting MICE and leisure travelers. The 3 lakh sq ft Sheraton signals deepening branded-hotel supply along Rajasthan's tier-1 leisure corridor.
Manglam Group will invest Rs 350 crore to build a 220-key Sheraton hotel with Marriott on Jaipur-Ajmer Highway, its third Marriott tie-up, part of a Rs 1,000 crore hospitality roadmap targeting MICE and leisure demand.
Why this matters
Builds on Manglam's Ajmer Road momentum after Pink West crossed Rs 300 cr in sales, extending the developer from residential success into a Rs 1,000 cr branded-hotel pipeline on the same corridor.
Store-opening activity holding steady with 315 signals tracked over the past 90 days.