ITC has drawn up big expansion plans for its hotel division in Kolkata and plans to invest Rs 1,500 crore for the initiatives. It will be setting up ITC Sonar Tower-II adjacent to the existing ITC Sonar in the eastern fringes of the city. And unlike the existing one, the new one, which would have about 500 rooms, will have a tall structure (possibly a 27-storey building). The hotel is expected to be complete in three years.
ITC and ITC Hotels officials are tightlipped about the expansion project. A detailed mailed questionnaire sent to the company did not get any response. However, Kolkata Municipal Corp (KMC) officials have confirmed having sanctioned ITC Hotels’ Sonar Tower-II with a total covered area of 1.5 million sq ft. Larsen & Toubro has confirmed having bagged a Rs 238 crore construction order for ITC’s second hotel project in the city. The most recent annual report of ITC lists Chennai, Bangalore and Kolkata under ‘three great hotels in the making’, which the company claims will add to its chain of super-deluxe properties.
Talking about the hotel division, ITC chairman Y C Deveshwar had said at the company’s 98th annual general meeting the company was in possession of land in cities such as Hyderabad, Ahmedabad, Amritsar, Bhubaneshwar, Coimbatore and Gurgaon where hotels would be set up. The company is expanding its hotel in Kolkata and setting up a new one with 470 rooms in the city. Deveshwar, however, did not give any timeframe for completion of these projects.
More : mydigitalfc.com
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