Dubai-based property developer, ETA Star Properties, plans to foray into the Indian hospitality industry with two properties at Bengaluru and a property in Chennai, respectively. The group has assigned an investment of two billion Dirham for its current phase of development in India.
The properties developed by ETA Star Properties will be managed by their hospitality subsidiary, ETA Star Hospitality. Speaking exclusively with Hospitality Biz, Riyazur Rahman, Director, ETA Star Hospitality says, “We also plan to adopt properties on lease. The group is open to associations with Indian real estate developers, under management contracts.”
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