Real estate company Ambuja Neotia has committed Rs27bn ($284m) in West Bengal’s hospitality sector across Indian Hotels Company (IHCL) brand portfolio.
The capital commitment covers multiple IHCL brand segments across the Indian state, spanning Darjeeling, Digha, Kalimpong, Kolkata, Lataguri, Raichak and Siliguri.
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According to an IHCL statement, two newly launched hotels and an allocation of around Rs1bn for the expansion of the Taj Chia Kutir Resort & Spa in Darjeeling are part of the investment.
Ambuja Neotia Group chairman Harshavardhan Neotia said: “Bengal offers an extraordinary diversity of landscapes and cultural experiences, from its vibrant cities and riverfronts to its forests, tea gardens and the Himalayas.
“Our investment commitment of about Rs27bn reflects our confidence in the region’s tourism potential and our aspiration to create destinations that people will want to experience and revisit.”
The expansion of Taj Chia Kutir Resort & Spa in Darjeeling includes 28 keys and 15,000ft² of banqueting space.
The partners also introduced a new boutique offering, AltAir House – IHCL SeleQtions, with openings in Kolkata and Siliguri.
The concept evolves from Ambuja Neotia’s AltAir leisure destination, which has operated in Kolkata’s Salt Lake Sector V for nearly a decade.
The Kolkata property features 42 rooms, dining venues, and event spaces focused on regional art and heritage.
In northern West Bengal, AltAir House – IHCL SeleQtions, Siliguri adds 60 rooms within the Uttorayon Township. The site includes dining outlets and indoor and outdoor banqueting facilities designed to accommodate up to 1,200 guests.
The alliance between IHCL and Ambuja Neotia now encompasses more than 80 properties across India, including 55 resorts under the Tree of Life leisure brand.
IHCL managing director and CEO Puneet Chhatwal said: “Our longstanding partnership with Ambuja Neotia strengthens with the opening of AltAir House under the IHCL SeleQtions brand in Kolkata and Siliguri.
“AltAir House, with its bespoke design and experiences, is an ideal fit for the IHCL SeleQtions platform. Launched under a franchise arrangement, these openings mark a new chapter in our journey.”
