Sahara to set up 3 properties, expand Mumbai hotel
Sahara Hospitality is planning to invest Rs 3,000 crore to set up three more properties in north India.
The group, which runs the luxury hotel Sahara Star near Mumbai's domestic airport, has land banks across the country.
Chintan Shah, Virtual Head of Finance, Hotel Sahara Star, was quoted as saying by Moneycontrol: "A part of the group's existing land bank could be tapped to set-up these properties."
He added: “We might invest Rs 3,000 crore on new properties. Sahara Group has huge land banks across India. We will identify the location at later stages.”
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