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Zuri Group to adorn Kolkata with hospitality ventures

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It is reported at the www.propertykhazana.com that Zuri group hailing from West Asia is geared up to embellish the Kolkata city with hotel projects. The group has spread its wings to India after tasting the success in United Kingdom and Kenya.
As per a source at www.propertykhazana.com, the group is of the opinion that there is a big prospective in Kolkata and as such are in consultation for the same using the trade mark of Zuri. If something positive does not work out, they are proposing to procure around 2 acres of land and set up 150-175 rooms for hotel business and would pool in up to Rs. 250 crores for this purpose. The group owns two more hotels in Goa and Bangalore apart from the main at Kumarakonam, Kerala. Sources quoting at www.propertykhazana.com say that the group is of the view that with business in Kolkata more funds can be generated as marriages are sophisticated in the state. Due to illegal land transaction, the company opted out of setting up its business in Rajarhat. Acquiring land here is very precious and the group is eyeing to purchase land in the central district.
It is also reported at the www.propertykhazana.com that the group is also intending to extend its services in many of the leading and Tier -2 cities. As 3 of the 4 hotels in India are resorts, it is scheduling for business hotels for a small profit. The Gama Hospitality (GHPL) signed a contract with Global Franchise Architects (GHA) for setting up coffee shops, pizza counters towards the eastern region investing around Rs 52 Crores. 35 outlets may spring up in the next 18-24 months in an area of 42,000 Sq.ft. For more and latest realty updates follow us at www.propertykhazana.com.
Source: NBTVLIVE

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