Friday, June 17, 2016

Leela Group signs pact with Qatar firm to build hotel near Taj Mahal in Agra

The Leela Group and Qatar’s Al Faisal Group today signed an agreement to build a five-star hotel near Taj Mahal in Agra with an FDI of about Rs 500 crore, coinciding with Prime Minister Narendra Modi’s visit to the Gulf state.


The 250-room hotel, to be built in 30 months, will entail an FDI of about Rs 500 crore, Leela Group Chairman Vivek Nair told PTI after signing the pact with Chairman of Al Faisal Group Sheikh Faisal bin Qassim Al Thani. The agreement was signed after Modi’s interaction with top business leaders of Qatar here in which Sheikh Faisal was also present.

The hotel will be built under the brand name ‘Aiana’ and will be the sixth such hotel in India, said, Joint Managing Director and CEO of Aiana Hotels and Resorts. The hotel will be built on an area of seven acres, just one km from Taj Mahal, Amruda said.

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