📋 Tender Overview
Scope : To Build 400-key Premium Hotel at Mixed-Use Project Marketcity in Bengaluru, Karnataka
Mumbai-based property developer Phoenix Mills looks to build more hotels to strengthen its hospitality portfolio. The company is building a 400-key premium hotel at mixed-use project Marketcity in Bengaluru, and forged a tie-up with Hyatt International to manage the hotel under the Grand Hyatt brand. The hotel is expected to get completed by FY28, and the company is expected to spend Rs 600 crore capex on it.
