Taj GVK is planning to invest Rs.400
crore to expand its hotel chain in the country The company has planned to double
its overall capacity to 1,400 rooms and set up new hotels with an aggregate
capacity of 250 rooms, by 2009-10. For new properties, Chennai, Bangalore and
Hyderabad have been identified as probable locations.
The company will be expanding Taj
Krishna and Taj Residency in Hyderabad. It will add 65 luxury residences and 125
luxury deluxe rooms to its 261 room property in Hyderabad. The company will also
expand the 151 room Taj Residency in Hyderabad by 125 rooms.
Currently, Taj GVK Hotels has three
hotels in Hyderabad and one in Chandigarh.
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