New Launch27 Aug 2025, 05:54 pm
SAMHI Hotels Ltd Subsidiary Executes Agreement to Lease for a ~260-room Mid-scale Hotel in Hyderabad's Financial District
AI Summary
Barque Hotels Private Limited, a wholly owned subsidiary of SAMHI Hotels Limited, has executed an Agreement to Lease (ATL) with Mrs. P Pramoda, Mrs. P Harika and Aurean Eskar for a ~260-room Mid-scale hotel in Hyderabad's Financial District. The estimated development cost for SAMHI’s scope of work is ~%1,250mn — %1,430mn. The transaction is structured as a long-term variable lease, aligning interests between SAMHI and the Lessors and participating in market upside while mitigating fixed lease obligations. This transaction is consistent with SAMHI’s stated strategy of capturing multiple price points within core micro markets.
Key Highlights
- Barque Hotels Private Limited, a subsidiary of SAMHI Hotels Limited, has executed an Agreement to Lease (ATL) for a ~260-room Mid-scale hotel in Hyderabad's Financial District.
- The estimated development cost for SAMHI’s scope of work is ~%1,250mn — %1,430mn.
- The transaction is structured as a long-term variable lease, aligning interests between SAMHI and the Lessors and participating in market upside while mitigating fixed lease obligations.
- This transaction is consistent with SAMHI’s stated strategy of capturing multiple price points within core micro markets.
- The proposed Mid-scale hotel will add a third complementary product offering, thereby enhancing SAMHI's positioning in one of the fastest-growing micro markets in India.