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Praveg receives order for Jalandhar House and Damanganga projects

26 Dec 2023 Evaluate

Praveg has received work order for Operation, Maintenance and Management of Jalandhar House, Diu and Damanganga Circuit House, Silvassa. The work order for both properties is for a period of 7 years that could be extended up to another 3 years. Jalandhar House and Damanganga projects are spanning across a sprawling 15,000 and 12,000 square meters respectively. These expansive properties represent an exciting addition to Praveg's portfolio, aimed at delivering an elevated and premium guest experience, further enriching our commitment to exceptional hospitality.

With the addition of these properties, Praveg will now have 9 properties in operation and 12 under development. Company aims to further add more eco-responsible luxury resorts across India.

Praveg (Formerly known as Praveg Communications (India)) is principally engaged in business of providing services in holding and arranging Events, Exhibitions, Advertisement, Hospitality and in pharma sector.

Peers
Company Name CMP
The Indian Hotels Co 742.00
ITC Hotels 161.30
Mahindra Holi.&Resor 202.20
EIH 301.45
Chalet Hotels 890.75
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