Sunday PropTech Acquires 89-Room Hotel in Kolkata
Built in 2017, the six-storey hotel is located close to Netaji Subhas Chandra Bose International Airport. Its location in Rajarhat gives Sunday PropTech a presence in a major commercial and travel district of Kolkata, while the acquisition adds an operating asset to its expanding hospitality portfolio.
The company plans to undertake refurbishment and rebranding over the coming months. It will use the hospitality brand ecosystem, technology platform and distribution network of PRISM, its backing entity, to improve the property’s operational performance and guest experience after the transition to the Clubhouse brand.
The acquisition forms part of Sunday PropTech’s broader strategy to expand its portfolio of premium and mid-premium hospitality assets across India. The company is using the transaction to establish an initial foothold in West Bengal while retaining its focus on branded accommodation and hospitality ownership.
Sunday PropTech board member Saurav Agarwal said the company saw significant potential in West Bengal’s hospitality and tourism sectors. He also acknowledged the state government’s support in facilitating the acquisition. The company is evaluating further hotel investment opportunities across West Bengal, indicating that the Rajarhat property could be the first step in a wider expansion across the state.