Samhi Hotels’ wholly-owned subsidiary -- Duet India Hotels (Hyderabad) has completed the execution of Lease Deed on November 07, 2024 for a ready building with around 270,000 sq. ft. of Built-up Area in Hitec City, Hyderabad. The transaction is being done on a long-term variable lease model.
The company proposes to complete the fit-outs to convert the existing office building into an Upper Upscale hotel with 170-175 rooms in Hitec City, Hyderabad, one of India’s key commercial markets with over 65mn sq. ft. of grade-A office space. This development would further strengthen Samhi’s presence in the core market of Hyderabad from the current inventory of 878 rooms to around 1,050 rooms.
Samhi Hotels acquires/builds primary hotels and thereafter renovates, rebrands and rerates the property and runs it.
