Infrastructure,Infrastructure sector projects by Kanakia Hospitality Pvt. Ltd. in Condolim Beach
Project Information
5471
Kanakia Hospitality Pvt. Ltd.
Realty Developer Kanakia Groups Hospitality Arm Has Roped Hyatt Hotels Corp To Manage Its Upcoming 150-Key Hotel In Goa.
The Company Has Completed Acquisition Of About 2.5 Acres Of Land On Condolim Beach For The Proposed Property
The Cost Of Land And Construction Is Expected To Be About 150 Crore, Which Will Be Financed Through A 50:50 Debt-Equity Structure, The Chairman Said. The Hotel Is Expected To Be Ready In The Next 18 Months.
The Proposed Property In Goa Have All Necessary Approvals.
Also, In The Real Estate Segment, The Kanakia Group Plans To Expand Its Reach In An Around Mumbai Metropolitan Region And Has Acquired An Aggregate 200 Acre Of Land In Panvel And Virar Near Mumbai, Kanakia Said. The Company Is Currently Executing 1.3-Million-Sq-Ft Of Residential Projects And 1.5-Million-Sq-Ft Of Commercial Projects.
Project Value
INR 150 Crore /-
Clearances Approved
Condolim Beach
Goa
India
Infrastructure,Infrastructure
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