Jaipur Tourism City is a new 400 acre mixed use destination resort and is slated to be India’s first vacation city. The resort is comprised of two sites which are separated by a major highway. The project is one of a kind landmark retail/entertainment hub along the highway. The program includes retail, five hotels, two themed attractions, a golf course and residential.
Jaipur Tourism City also boasts of a 30 acre retail/entertainment destination as part of the overall 400 acre resort. The various components, including a 400 room hotel, are connected by a series of plazas, terraces and streets. An 800,000 sq. ft. mall and 200,000 sq. ft. entertainment complex form the central hub and landmark of the resort.
After revamping its flagship hotel, The Ashok, ITDC is going full-steam ahead to give hotels Janpath and Samrat a makeover designed to make the competition sit up and take notice. As part of the renovation, Hotel Janpath will soon boast of onyx pillars and a mini-spa in each room on four floors. The spas will be equipped with a jacuzzi, massage table and medicine dispenser while one spa each on the ground floor and first floor will offer services of a gym, sauna, steam room and treatment room. For those working on their tan, the rooftop will have a solarium. “The personal spa concept is likely to require an investment of Rs 45 crore. We are still in the process of finalizing the details,” a senior ITDC official said. The hotel has already seen some tangible changes like a cobbled stone driveway. The grim, white-washed facade has been knocked down in favour of glass and the decrepit restaurants, known only for political sit-downs, have been opened to private players. While designer Rohit Bal promoted Italian joint Cibo opened earlier this year, Mismo and Swagath are the other top of the line eating places that the hotel hosts.
Courtesy: SeracatPVP Ventures has sold its 90- ground prime property at Vadapalani in Chennai to education group SRM for Rs 140 crore. The property developed over 90 grounds with a built-up space of 3 lakh square feet. SRM University has chalked out big plans for making use of the office space. It is in the process of setting up its admissions office.
PVP Ventures has been on a property selling spree and the deal with SRM comes on the back of the sale of its theatre complex in the city’s suburbs and a hotel property in Ooty. The company is learnt to be selling its properties in an effort to focus on its core businesses of urban infrastructure and power generation.