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« Check-ins drop 10% in Business Hotels | Home | Unitech bags $700 mn Lehman Investment »

Zoom Developers gets Contract to Build Budget Hotels

Real estate firm Zoom Developers on Monday said it has bagged contract from the Indian Railways to build four budget hotels.

In a press statement, Zoom said the company has won the bid for IRCTC Ratna Budget Hotels at four places.

The Indian Railway Catering and Tourism Corporation, a sister organisation of Indian Railway has today opened tender for budget hotels at four sites.

The places are Chennai, Pondicherry, Manglore and Coimbatore. However, IRCTC sources said PTI that nothing has been decided yet.

“The tender committee is yet to submit its report and decision could be taken only after submission of the report,” the sources added.

News Published Under:   Real Estate Developers, Real Estate India | No Comments »

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