MoneyWorks4Me

Sinclairs Hotels sells one acre land for Rs 27 crore in Kolkata

02 Mar 2023 Evaluate

Sinclairs Hotels has sold its one acre of land (approximately) situated in Action Area I B, New Town, Kolkata, for a total consideration of Rs 27 crore. The conveyance deed along with necessary documentation for transfer of the property has been executed and registered with the Office of Sub Registrar, West Bengal on March 02, 2023. Earlier, the company had entered into conditional sale agreement for transfer of said land.

Sinclairs Hotels presently operates in the hospitality sector, they own and manage a chain of hotels in India under the brand ‘Sinclairs’.

Peers
Company Name CMP
The Indian Hotels Co 716.85
ITC Hotels 158.70
Mahindra Holi.&Resor 195.75
EIH 297.55
Chalet Hotels 826.30
View more..