Omaxe partners with Lemon Tree Hotels for investment worth Rs 4,000 crore
Real estate firm Omaxe has partnered with Lemon Tree Hotels to invest Rs 4,000 crore in the hospitality sector. Omaxe signed a memorandum of understanding (MoU) with the wholly owned subsidiary of Lemon Tree, Carnation Hotels, to operate 10 hotel projects across India, comprising 4,000 keys.
The firm will invest Rs 4,000 crore as part of its previously announced Rs 6,200 crore hospitality expansion plan, with an aim to develop 19 hotels across five states. These hotels would be developed across Lucknow, Vrindavan, Amausi, Ghaziabad, Greater Noida, Amritsar, Kaushambi, and Faridabad under Lemon Tree's portfolio.
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Omaxe BeTogether Centre Point — Ambedkar Road, Ghaziabad | 215 keys
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Omaxe Connaught Place — Greater Noida | 150 keys
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Service Apartments Project — Amritsar | 745 keys
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Omaxe BeTogether Centre Point (Tower 1) — Kaushambi | 350 keys
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World Mall — Sector 79, Faridabad | 435 keys
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Bus Terminal Hotel Project — Jankipuram, Lucknow | 500 keys
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Bus Terminal Hotel Project — Vrindavan Yojna, Lucknow | 330 keys
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Omaxe BeTogether Centre Point — Amausi (near airport), Lucknow | 693 keys
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Omaxe Eternity-II — Vrindavan | 501 keys
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Omaxe BeTogether Courtyard — Vrindavan | 81 keys
Also Read: Lemon Tree signs new hotel in Bareilly