CITCO Plans to Set up a Five-Star Property in Chandigarh

June 10, 2008	(Be the first to rate this story!)  Loading ...
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The Chandigarh Industrial and Tourism Development Corporation (CITCO) plans to set up a five-star hotel on a prime three-acre plot on the Chandigarh-Ambala road in the Industrial Area, Chandigarh. The corporation is also in talks with major hotel chains, including Hilton, ITC, Marriott and Radisson to explore the possibility of the private-public partnership for the project. CITCO run Hotel Mountview is the only five-star hotel in the city.

According to sources in the corporation, the Chandigarh administration is likely to approve an alternative site for the shifting of CITCO’s iron and steel store from the Industrial area (where the hotel is to be set up) to village Hallo Majra. Many big hotel chains and real estate companies are planning to set up big hotels for the high-end tourists. The DLF is already constructing a five-star hotel in the IT Park, while the Uppal Group are coming up with a five-star hotel in Sector 35, Chandigarh.

News Published Under:   Real Estate India, Chandigarh |

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