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Cindrella Hotels executes agreement with Neora River Valley

25 Oct 2017 Evaluate

Cindrella Hotels has executed an agreement with Neora River Valley for Sale of 24 acres of land and building located at Mouza Soongachi T.G., Chalsa, Jalpaiguri district in West Bengal.

The Sale consideration of the property has been finalized at Rs 2.25 crore and the same shall be utilized inter alia for repayment of loans and improvement of existing property.

Cindrella Hotels is involved in hospitality, travel and tourism sector, and is operating a hotel at Siliguri in north Bengal. The company is engaged in sale of food and beverages at its restaurant.

Peers
Company Name CMP
The Indian Hotels Co 716.15
ITC Hotels 158.75
Mahindra Holi.&Resor 195.20
EIH 298.00
Chalet Hotels 830.20
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