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Chalet Hotels to Develop 330-Room Luxury Property in Hyderabad for ₹633 Crore
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Chalet Hotels to build 330-room luxury hotel in Hyderabad for ₹633 crore
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CNBC TV18
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23-02-2026, 19:01
Chalet Hotels to build 330-room luxury hotel in Hyderabad for ₹633 crore
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Chalet Hotels Limited approved a new 330-room luxury hotel and 36,255 sq ft commercial/retail space in Madhapur, Hyderabad.
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The estimated investment for the project is ₹6,328 million (₹632.8 crore), including security deposit.
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The decision was made at the company's Board meeting on February 23, 2026.
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The hotel, to be completed by FY2029, will be Chalet Hotels' third in Hyderabad and financed by internal accruals and debt.
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This development aligns with the company's expansion strategy in key urban markets.
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