Bihar Issues e-tenders for 3 Five-Star Hotels in Patna
Real Estate

Bihar Issues e-tenders for 3 Five-Star Hotels in Patna

The Bihar Government has launched the process for constructing three five-star hotels in Patna to enhance tourism and strengthen the state’s industrial ecosystem. The Bihar State Tourism Development Corporation (BSTDC) has issued e-tenders to select developers for the projects under the public-private partnership (PPP) model.

The hotels will be developed at three prime locations: Hotel Patliputra Ashok, Bankipore Bus Stand, and Sultan Palace. Approved by the state cabinet on September 10, 2024, the selected developers will receive lease rights for 90 years—an initial lease of 60 years, extendable by 30 years.

The deadline for bid submissions is February 10, 2025, with technical bids to be opened the following day. According to the Department of Tourism, the hotels will cater to an increasing number of tourists and bolster the state’s industrial growth.

The Sultan Palace project will prioritise heritage preservation by converting the historic structure into a five-star heritage hotel. Meanwhile, the existing buildings at the Hotel Patliputra Ashok and Bankipore Bus Stand locations will be demolished to make way for modern five-star facilities.

Each hotel will feature state-of-the-art amenities, with a minimum of 100 rooms planned for the 1.50-acre Hotel Patliputra Ashok site and 150 rooms each for the 3.24-acre Bankipore Bus Stand and 4.89-acre Sultan Palace sites.

The initiative is expected to boost economic activities, create employment opportunities, and place Patna on the map as a luxury tourism destination while preserving the city's rich cultural heritage.

(ET)

The Bihar Government has launched the process for constructing three five-star hotels in Patna to enhance tourism and strengthen the state’s industrial ecosystem. The Bihar State Tourism Development Corporation (BSTDC) has issued e-tenders to select developers for the projects under the public-private partnership (PPP) model.The hotels will be developed at three prime locations: Hotel Patliputra Ashok, Bankipore Bus Stand, and Sultan Palace. Approved by the state cabinet on September 10, 2024, the selected developers will receive lease rights for 90 years—an initial lease of 60 years, extendable by 30 years.The deadline for bid submissions is February 10, 2025, with technical bids to be opened the following day. According to the Department of Tourism, the hotels will cater to an increasing number of tourists and bolster the state’s industrial growth.The Sultan Palace project will prioritise heritage preservation by converting the historic structure into a five-star heritage hotel. Meanwhile, the existing buildings at the Hotel Patliputra Ashok and Bankipore Bus Stand locations will be demolished to make way for modern five-star facilities.Each hotel will feature state-of-the-art amenities, with a minimum of 100 rooms planned for the 1.50-acre Hotel Patliputra Ashok site and 150 rooms each for the 3.24-acre Bankipore Bus Stand and 4.89-acre Sultan Palace sites.The initiative is expected to boost economic activities, create employment opportunities, and place Patna on the map as a luxury tourism destination while preserving the city's rich cultural heritage.(ET)

Next Story
Infrastructure Urban

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Next Story
Infrastructure Transport

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Next Story
Infrastructure Urban

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

-->