SAMHI Hotels Ltd., through its subsidiary Barque Hotels Pvt. Ltd., has signed an Agreement to Lease (ATL) with Aurean Eskar and partners for a ~260-room mid-scale hotel in Hyderabad’s Financial District.
The property will be developed as part of a mixed-use project by Aurean Eskar and later handed over to SAMHI for fit-outs and branding, with an estimated investment of ₹1,250–1,430 million. The lease has been structured as a long-term variable model, linking payouts to the hotel’s performance.
This will be SAMHI’s third hotel in the Financial District, where it already operates the 326-key Sheraton and the 232-key Fairfield by Marriott. With the new addition, SAMHI will cover three distinct price points in the micro-market, which continues to see robust office space development and strong demand.
Ashish Jakhanwala, CMD, SAMHI Hotels, said: “The new mid-scale property expands our ability to serve a wider customer base while maintaining a disciplined, capital-efficient growth model tied to hotel performance.”
