Luxury Hotel Development Project Raising Funds In Bareilly

About Business

The project involves the development of a premium 4-star hotel in Bareilly, Uttar Pradesh, catering to the region's growing demand for quality hospitality, business accommodation, and destination wedding venues. Planned as a greenfield development, the hotel will be built on a 1.5-acre land parcel owned by the promoters and will feature approximately 50 guest rooms along with banquet and hospitality facilities designed to serve both corporate and leisure guests.

Bareilly has witnessed increasing commercial activity and a rising need for organized hospitality infrastructure, creating an opportunity for professionally managed hotels that can cater to business travelers, social events, and large-scale weddings.

Project Status

The promoters have already invested approximately INR 15 crore towards land acquisition and initial project development.

A well-established hospitality management company is in the final stage of executing a management agreement and will oversee the operations of the hotel upon completion. Based on its market assessment, the operator estimates an annual occupancy level in the range of 65% to 75%.

Management Strength

The project is promoted by a hospitality professional with extensive experience in the hotel industry, having previously worked with leading domestic and international hospitality brands, including IHCL Taj, Marriott International, and IHG Hotels & Resorts. This industry experience, combined with professional third-party hotel management, is intended to support efficient operations and long-term value creation.

Investment Opportunity

The total project cost is estimated at approximately INR 45 crore. To complete the construction and fund the initial operational requirements, the promoters are seeking an investment of INR 30 crore.

The investment is being offered through an equity partnership structure, with ownership allocated in proportion to each investor's contribution. Investors will participate in the long-term performance of the hotel through a profit-sharing model, aligning returns with the operational success of the property.

Investment Highlights

- Development of a premium 4-star hotel with approximately 50 guest rooms.
- Located in Bareilly, Uttar Pradesh, an emerging hospitality market with growing demand for quality accommodation and wedding venues.
- Greenfield project on a 1.5-acre land parcel owned by the promoters.
- Approximately INR 15 crore already invested in the project.
- Total project cost estimated at INR 45 crore.
- Seeking INR 30 crore to complete construction and support the operational launch.
- Construction will start soon, with completion targeted for December 2029.
- Professional hotel management company in the final stage of signing the operating agreement.
- Expected annual occupancy of 65%–75% based on the operator's market assessment.
- Equity participation offered to investors, with ownership proportional to the investment made.

Clientele type

• Domestic and international tourists.
• Wedding, banquet, and event customers.
• Government and institutional guests.
• Hospitality and travel partners seeking premium accommodation solutions.

Premises

OWNED

Premise Size: 1.5 acres

Market Value (in INR): 40.00 Cr

Asking Price Includes

The stake offered will be discussed and finalized with potential investors.

Asking Price

INR 30.00 Cr

Minimum ticket size

INR 5.00 Cr

Reason

The promoters are raising growth capital to support the development and completion of a premium 4-star hotel project and are seeking strategic partners to participate in the venture's long-term growth.