STOCKWATCH
·
Hotels & Resorts
New Launch24 Feb 2026, 06:34 pm

Samhi Hotels Receives KIADB Sanction for 235-Room Hotel in Bangalore

AI Summary

Samhi Hotels Ltd. has received sanction from the Karnataka Industrial Area Development Board (KIADB) for the layout plans of a proposed industrial building in Plot No. 134, 135, 136 (P) of EPIP, Whitefield Industrial Area, Bangalore. This sanction will allow ITHPL, owned by Samhi Hotels, to develop a second hotel with approximately 235 rooms. Combined with the existing operating hotel's 142 rooms, the complex will have a total inventory of approximately 377 rooms in the Upper Upscale and Upscale segments.

Key Highlights

  • Samhi Hotels has received sanction from KIADB for a new hotel in Bangalore's Whitefield Industrial Area.
  • The new hotel will add approximately 235 rooms to the existing operating hotel's 142 rooms, making a total of approximately 377 rooms.
  • The new hotel will be in the Upper Upscale and Upscale segments.
  • The sanction was received on 23rd February 2026.
  • The plot is owned by ITHPL, a company owned by Samhi Hotels.
SAMHI
Hotels & Resorts
Samhi Hotels Ltd

Price Impact