Delhi: ITPO invites proposals for land lease for 5-star hotel

  • | Friday | 7th December, 2018

This will be the first time in India that an exhibition-cum-convention centre will have a hotel too,” said Goyal. As per ITPO, the funds raised from leasing out the land for the hotel will be used for this project. The work on the integrated exhibition-cum-convention centre (IECC) began last year, with a budget of Rs 2,698.53 crore. To be located near gate 1 on Bhairon Marg, the hotel will have exclusive entry and exit points, and will be connected to the exhibition-cum-convention centre on the surface and through the basement. On Thursday, the India Trade Promotion Organisation (ITPO) began the process of inviting requests for proposals for leasing out the 3.7-acre land inside the Pragati Maidan complex, where a five-star hotel is to be built.

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