Hilton Hotels & Resorts is to develop a hotel in Ahmedabad, India.

Ahmedabad-based real estate developers NG Group will invest Rs250 crore ($47m) in working with Hilton in setting up a 22-storey, five-star property at the site of the closed Gallops Mall on SG Highway, according to dnaindia.com.

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Under the proposal, the hotel will have 240 rooms and will be financed by internal accruals.