Manglam Group to Develop Luxury Hotels in Rajasthan with Rs 1,000 Crore Investment
Realty firm Manglam Group, known for its significant contributions to the real estate market, is expanding its footprint in the hospitality industry with a Rs 1,000 crore investment over the next five years. This strategic move aims to address the growing demand for premium hotels in Rajasthan, a region increasingly recognized for its thriving tourism sector, including weddings, leisure, and business tourism.
The Group, which has already made its mark with the development of the luxurious 'Westin Jaipur Resort', a 150-room property on the Delhi-Jaipur Highway, is set to continue its growth in the hospitality industry.
As part of its expansion strategy, Manglam Group is set to launch three new hotel projects in the state, with a significant investment. The first of these projects is a 200-room hotel in Jaipur, located in the Jagatpura area, as part of a mixed-use development. This hotel will be managed by a globally renowned brand, reinforcing Manglam’s commitment to providing exceptional hospitality services.
Additionally, the company is planning to build a 200-room hotel on Ajmer Road with an investment of Rs 200 crore, and another 250-room hotel along the Delhi-Jaipur Road, with a budget of Rs 300 crore. Another significant project involves a 200-room hotel near the Khatu Shyam Temple, with an investment of Rs 150 crore. These new projects are expected to enhance the hospitality offerings in the region and provide top-tier accommodations for both tourists and business travelers.
The demand for premium hotels in Rajasthan has seen a significant rise in recent years. The state’s popularity as a major wedding destination in India has led to an increase in visitors seeking luxury hotels that can accommodate large gatherings and offer top-notch services. Manglam Group is capitalizing on this trend by building hotels that cater to this high-end market segment, providing an elevated experience for guests.
Amrita Gupta, Director at Manglam Group, emphasized that the Rs 1,000 crore investment is a strategic initiative aimed at transforming Rajasthan’s tourism landscape. With the demand for world-class luxury experiences reaching new heights, the company is focused on developing high-end hospitality assets that align with the evolving needs of travelers.
Manglam Group was founded in 2008 and has since completed over 70 real estate projects across Rajasthan. The company’s foray into the hospitality sector is part of its broader plan to diversify and expand its portfolio. The new hotel developments are expected to boost the group’s reputation and further its leadership in both the real estate and hospitality sectors.
As Rajasthan continues to be a popular destination for tourists, Manglam Group’s strategic investments are well-aligned with the state’s growing tourism demand. The company’s projects will contribute to enhancing the infrastructure and hospitality standards in Rajasthan, offering luxurious and world-class accommodations to a diverse range of visitors.