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ITC Hotels leases land in New Delhi for a 91-year term to build a five-star hotel, boosting the city’s convention industry.
ITC Hotels has secured a 91-year lease for a 3,648 sqm plot at Yashobhoomi in New Delhi to build a five-star hotel, enhancing the venue’s role as a global hub for conventions and events.
The project, with a lease premium of ₹326.5 crore, will feature modern banqueting spaces and signature dining, aligning with ITC’s hospitality standards.
The hotel aims to boost Delhi’s MICE sector, complementing ITC’s existing 10 properties in Delhi NCR.
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ITC Hotels alquila un terreno en Nueva Delhi por un plazo de 91 años para construir un hotel de cinco estrellas, impulsando la industria de convenciones de la ciudad.