Chalet Hotels to build 330-room luxury hotel in Hyderabad for ₹633 crore

• Chalet Hotels Limited approved a new 330-room luxury hotel and 36,255 sq ft commercial/retail space in Madhapur, Hyderabad.
• The estimated investment for the project is ₹6,328 million (₹632.8 crore), including security deposit.
• The decision was made at the company's Board meeting on February 23, 2026.
• The hotel, to be completed by FY2029, will be Chalet Hotels' third in Hyderabad and financed by internal accruals and debt.
• This development aligns with the company's expansion strategy in key urban markets.