Lemon Tree Signs Hotel in Ahilyanagar to Expand Maharashtra Portfolio
Real Estate

Lemon Tree Signs Hotel in Ahilyanagar to Expand Maharashtra Portfolio

Lemon Tree Hotels Limited has signed a licence agreement to open Lemon Tree Hotel, Ahilyanagar, with the property to be managed by Carnation Hotels Private Limited, a wholly owned subsidiary of the company. The signing marks the brand's 30th property in Maharashtra and brings the portfolio in the state to 30 properties, comprising 15 operational hotels and 15 in the pipeline. The move forms part of a strategic expansion into high-growth urban and regional markets within the state.

Ahilyanagar is described as a dual identity city that serves both corporate and defence-related travel and as a transit gateway to pilgrimage destinations including Shirdi and Shani Shingnapur. The hotel is positioned to cater to business professionals and travellers in transit by offering branded hospitality along key routes. The property will feature 95 well appointed rooms, a restaurant, a banquet hall, a meeting room and recreational amenities including a swimming pool, spa and fitness centre.

Located approximately 8 km from Ahilyanagar Railway Station and 119 km from Pune International Airport, the hotel will offer convenient access for travellers connecting Pune, Aurangabad and nearby pilgrimage centres. The signing is intended to strengthen network connectivity and diversify the company portfolio to reflect evolving travel patterns across business and emerging destinations. Management will be by Carnation Hotels Private Limited under the Lemon Tree group operating model.

Lemon Tree Hotels is described as India’s largest mid-priced hotel chain and operates more than 130 hotels across over 80 cities with a pipeline of more than 130 upcoming properties. The group comprises seven distinct brands that span upper upscale to midscale and leisure and spiritual segments, and it has an international presence in Dubai, Bhutan and Nepal. Since opening its first 49-room hotel in 2004 the company has grown to more than 250 properties operational and upcoming and continues to pursue expansion along key travel and economic corridors.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Lemon Tree Hotels Limited has signed a licence agreement to open Lemon Tree Hotel, Ahilyanagar, with the property to be managed by Carnation Hotels Private Limited, a wholly owned subsidiary of the company. The signing marks the brand's 30th property in Maharashtra and brings the portfolio in the state to 30 properties, comprising 15 operational hotels and 15 in the pipeline. The move forms part of a strategic expansion into high-growth urban and regional markets within the state. Ahilyanagar is described as a dual identity city that serves both corporate and defence-related travel and as a transit gateway to pilgrimage destinations including Shirdi and Shani Shingnapur. The hotel is positioned to cater to business professionals and travellers in transit by offering branded hospitality along key routes. The property will feature 95 well appointed rooms, a restaurant, a banquet hall, a meeting room and recreational amenities including a swimming pool, spa and fitness centre. Located approximately 8 km from Ahilyanagar Railway Station and 119 km from Pune International Airport, the hotel will offer convenient access for travellers connecting Pune, Aurangabad and nearby pilgrimage centres. The signing is intended to strengthen network connectivity and diversify the company portfolio to reflect evolving travel patterns across business and emerging destinations. Management will be by Carnation Hotels Private Limited under the Lemon Tree group operating model. Lemon Tree Hotels is described as India’s largest mid-priced hotel chain and operates more than 130 hotels across over 80 cities with a pipeline of more than 130 upcoming properties. The group comprises seven distinct brands that span upper upscale to midscale and leisure and spiritual segments, and it has an international presence in Dubai, Bhutan and Nepal. Since opening its first 49-room hotel in 2004 the company has grown to more than 250 properties operational and upcoming and continues to pursue expansion along key travel and economic corridors.

Next Story
Real Estate

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

Next Story
Real Estate

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Next Story
Infrastructure Urban

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement