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Schloss Bangalore won a ₹1,302 crore lease for a Mumbai plot to build a luxury hotel and mixed-use project.
Schloss Bangalore, the parent company of The Leela Hotels, won the lease for a commercial plot in Mumbai's Bandra Kurla Complex (BKC) for ₹1,302 crore.
They plan to develop a mixed-use project including a 250-key luxury hotel on the site.
The consortium, which includes Brookfield Asset Management, intends to start construction as part of their strategy to expand their presence in the domestic market.
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Schloss Bangalore ganó un contrato de arrendamiento de ₹ 1,302 crore para una parcela en Mumbai para construir un hotel de lujo y un proyecto de uso mixto.