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’.