BPTP, Fairmont sign pact to run upcoming hotel in Noida

17 Jun 2013 Editorial Team

In Noida, domestic and international hotel brands vie to grab a share of the traffic going to the Taj Mahal on the Yamuna Expressway. Real estate developer BPTP has roped in Fairmont to run upcoming hotel in Noida. Fairmont is a Canadian luxury hotel operator, which has signed a hotel management contract with BPTP.

The hotel will come up on a portion of the 21 acres of land that BPTP owns in sector 94. The company is already building a 500-room Grand Hyatt at the same location.The fivestar Fairmont hotel will have 175 rooms and 100 Fairmont residences. This is Fairmont's second hotel in the country after the one in Jaipur.

The Fairmont property that should be operational by 2016, will add to the growing list of hotels in the area as operators and real estate developers bet on the increase in business traffic. These include Four Seasons, ITC, Hyatt, Marriott and others. Another developer, Supertech, had recently brought in the Leela group to manage a 250-room hotel next to BPTP's land.

According to hotel consultancy HVS, about 7,000 additional rooms are being planned in Noida, of which only 35 per cent will finally be delivered. Yet experts expect an oversupply situation in the market.

Infrastructure Transport

06 Feb 2026

Lucknow Metro East-West Corridor Consultancy Contract Awarded

The Uttar Pradesh Metro Rail Corporation has awarded the first construction-related consultancy contract for the Lucknow Metro East West Corridor to a joint venture of AYESA Ingenieria Arquitectura SAU and AYESA India Pvt Ltd. The firm was declared the lowest bidder for the Detailed Design Consultant contract for Lucknow Metro Line-2 under Phase 1B and the contract was recommended following the financial bid. The contract is valued at Rs 159.0 million (mn), covering design services for the corridor. Lucknow Metro Line-2 envisages the construction of an 11.165 kilometre corridor connecting Cha..

Div Com Kashmir Urges Fast Tracking Of Jhelum Water Transport Project

The Divisional Commissioner of Kashmir has called for the fast-tracking of the Jhelum water transport project, urging district administrations and relevant agencies to accelerate planning and clearances. In a meeting convened at the divisional headquarters, the commissioner instructed officials from irrigation, public health engineering and municipal departments to prioritise the project and coordinate survey and design work. The directive emphasised removal of administrative bottlenecks and close monitoring to ensure timely mobilisation of resources and contractors. Officials were told to in..

Interarch Reports Strong Q3 And Nine Month Results

Interarch Building Solutions Limited reported unaudited results for the third quarter and nine months ended 31 December 2025, recording strong revenue growth driven by execution and a robust order book. Net revenue for the third quarter rose by 43.7 per cent to Rs 5.225 billion (bn), compared with Rs 3.636 bn a year earlier, reflecting heightened demand in pre-engineered building projects. The company’s total order book as at 31 January 2026 stood at Rs 16.85 bn, supporting near-term visibility. EBITDA excluding other income for the quarter increased by 43.2 per cent to Rs 503 million (mn),..