Nyati Group enters hospitality business


Pune-based real estate developer Mr Nitin Nyati has made a foray into the hospitality segment with the launch of the Corinthians Boutique Hotel.
Mr Nitin Nyati, Chairman-Nyati Group, said, “Entering the hospitality business was a logical extension of our existing Club business. After market research and analysis, we decided to create a destination hotel.”
The group, which has formed Nyati Hotels and Resorts an SPV for the business, has invested Rs 120 crore in the boutique hotel. It has also firmed up plans to launch another property with sixty spa villas at Khadakvasala and build a second boutique hotel on the Pune-Bangalore highway. “In time we want to go nationwide with the concept,” Mr Nyati said.
Located on a hill-top, the 120-room Corinthians Boutique Hotel has been built in a Moroccan style with Greco-Egyptian elements of architecture. Among the highlights is the Brew House pub having an attached brewery that can brew 200,000 litres of fresh beer in a wide range of varieties.

This entry was written by , posted on October 9, 2009 at 5:51 pm, filed under Real Estate News and tagged , , . Bookmark the permalink. Follow any comments here with the RSS feed for this post. Trackbacks are closed, but you can post a comment.

4 Comments

  1. Madurai hotels,Pollachi hotels
    Posted October 21, 2009 at 10:59 am | Permalink

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  2. Lalesh Parwatkar
    Posted January 6, 2010 at 5:08 pm | Permalink

    Dear Sir,

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  3. Mis monika kudale
    Posted January 31, 2010 at 11:05 am | Permalink

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  4. yogesh s
    Posted March 18, 2010 at 10:50 am | Permalink

    we have some good residencial/commercial/agricultural land proposals in & arond pune.9373307079

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