Omaxe to invest ₹6,200 cr building 19 hotels across 5 states, enters hospitality
Realty firm Omaxe is launching a hospitality vertical with a ₹6,200 crore commitment over 4-5 years to develop 19 hotels and 5 million sq ft across five states. Plans include a 158-key IHCL Gateway Hotel in Dwarka and 12 hotels in Uttar Pradesh, anchored by pilgrimage hubs Ayodhya and Vrindavan.
Realty firm Omaxe will invest ₹6,200 crore over 4-5 years to build 19 hotels across five states, launching a hospitality vertical. Projects include a 158-key Gateway Hotel by IHCL in Dwarka, with 12 hotels planned in Uttar Pradesh.