Realty developer Abhinandan Lodha Group, along with its hospitality partners, plans to invest over Rs 2,000 crore to build five luxury hotels across heritage and cultural cities of India. These include Ayodhya, Varanasi, Vrindavan, Shimla, and Amritsar.

The company and Brookfield Group-owned the Leela Palaces, Hotels & Resorts have entered into a partnership to develop a luxury modern palace hotel in Ayodhya near the Shri Ram Janmabhoomi Temple which will be inaugurated this month. The property will be spread over a five-acre land parcel on the banks of the Sarayu River and will be developed along the theme of Indian culture, while the other hotels in the Group’s portfolio will also incorporate the same concept.

The 100-key luxury hotel in Ayodhya is expected to entail investment of over Rs 450 crore and is expected to be fully operational by March 2028. The other four hotels in the proposed portfolio are also expected to see infusion of similar investment size. The luxury hotel in Ayodhya will be part of the developer’s larger development ‘The Sarayu’ spread over 51 acres including residential plots, villas on a total 31 acres and even high-rise luxury apartments on 15 acres of land. 

As per the partnership terms, the luxury hospitality brand will not only be involved in the design and development of the property, but will also be a joint owner of the Ayodhya hotel.  

The House of Abhinandan Lodha (HoABL) had last year stated its plans to invest over Rs 11,000 crore to acquire and develop land parcels across the country over the next three to four years, involving plotted developments and land investment.  Headquartered in Mumbai, the Leela Palaces, Hotels and Resorts has twelve properties operational in major cities and leisure destinations across India.