Luxury Hotel Project Raising Funds In Haridwar
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About Business
This is a proposed hotel project in Haridwar, still at a pre-operational stage. The plan is to develop a premium hospitality property in the city, which sees steady movement of tourists and pilgrims throughout the year.
The land parcel is around 11,800 sq. ft., and the basic approvals for development are already in place. So from a starting point, the groundwork on the regulatory side has been done, and the next step is execution.
The idea is to build a higher-end hotel that caters to people coming to Haridwar for religious visits as well as general travel. The demand in the city is largely driven by tourism, seasonal footfall, and events, so occupancy tends to remain consistent across different periods.
Since the project hasn’t started operations yet, there is flexibility at this stage — whether it’s in terms of how the property is developed, how it is positioned, or which direction the brand and operations take.
At this point, they are looking to bring in investment to move the project forward into the construction and operational phase.
The owner already operates a hotel in Haridwar and is undertaking this project as a large-scale expansion of their existing hospitality business. Additionally, a significant hotel development by another developer is coming up nearby on a land parcel of approximately 34,000 sq. ft., indicating strong growth potential in the area.
Clientele type
Domestic and international tourists
Pilgrims visiting Haridwar
Travel groups and tour operators
Leisure and spiritual travelers
Premises
OWNED
Premise Size: 11800 SQ FT
Market Value (in INR): 16.00 Cr
Ownership: Owned land
Approved building plan in place
Asking Price Includes
Stake Offered to be discussed with potential investors.
Asking Price
INR 6.00 Cr
Minimum ticket size
INR 1.00 Cr
Reason
Investment required to develop and operationalize a luxury hospitality project in a high-potential tourist destination.
Licenses
Approved building map
Keywords
Business Tags
Fundraising for ₹10 Cr – 500 Cr
Confidential Process Completed in 120 Days
Strategic Preparation, Aligned Investor Outreach and Seamless Closure
Supported by Advisors with 26+ Years of Experience
