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CITCO to adorn 5 star property in Chandigarh

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As per to the source available with the www.propertykhazana.com, Chandigarh Industrial and Tourism Development Corporation (CITCO) has planned to develop a 5 star hotel on main three acre site on the Chandigarh Ambala road in the Industrial Area of Chandigarh. The company is also in discussion with the well famed hospitality groups comprising Hilton, ITC, Marriott and Radisson to go around the option of the PPP for the venture. CITCO operates a Hotel Mountview which is 5-star hotel in the city.
Chandigarh management is expecting to sanction another site for the shifting of CITCO’s iron steel store from the Industrial area to the village Hallo Majra. Several huge hotel companies and realty conglomerates are proposing to develop huge hotels for the rich tourists. As reported by the source at the www.propertykhazana.com DLF is by now building a 5 star hotel in the IT Park, as the Uppal Group is designing a 5 star hotel in Sector 35 in Chandigarh.
Source: NBTVLIVE

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