Sunday 21 June 2009

Shekhar Const diversified into hospitality business

Delhi-based Shekhar Constructions has recently diversified into hospitality business by forming Shekhar Resorts Ltd. The company deals in multipurpose construction projects on a contract basis with the Uttar Pradesh, Rajasthan and Jharkhand governments. The group’s first property 'Orient Taj' will be operational by September 2009 at Fatehabad Road in Uttar Pradesh. The approximate investment amount for the project is Rs 100 Crore. In addition, Shekhar Resorts has acquired 10 acres of land in Greater Noida to develop a recreational club. According to Amar Singh Rajput, Executive Director, Shekhar Resorts, “Hospitality is a booming business and we see a lot of scope and potential here. The upcoming property will be completely owned and managed by us. We will hire the most skilled individuals at the Head of Department level.” Targeted at leisure clientele, Orient Taj has 153 guest rooms including deluxe rooms, suites and apartments. In phase I of operations, 112 rooms will be launched and the remaining will be operational at a later phase. Other facilities include spa, bar and restaurants. Speaking about the hotel’s USP, Rajput adds, “The hotel will be built as per the resort concept, giving the guest a leisure feel. Every guest room will provide a view of the garden, fountain or pool.” The hotel will have around seven to eight blocks, each housing around 17 guest rooms; the rooms will all be located on one single level. However, the reception for all the blocks will be in the A block.

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