Hampton Sky Realty has collaborated with Indian Hotels Company (IHCL) and its subsidiary, Roots Corporation (RCL), for two hotel properties in Ludhiana, Punjab.
Pursuant to the Agreements, Hampton has agreed to construct a property, either directly or through a special purpose vehicle, at a land owned by Hampton at Mangli Nichhi, Ludhiana Chandigarh Highway, Punjab. The proposed property will house a fully customized and equipped hotel offering world-class facilities including an all-day dining restaurant, specialty restaurant, bar, banquet facilities, meeting rooms, swimming pool, gym and health club. The proposed hotel will be operated by IHCL under its brand 'Gateway' in terms of the Agreements.
Hampton Sky Realty, formerly Ritesh Properties and Industries, is an India-based company engaged in the business of real estate, textiles, trading in shares and derivatives.
