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Apeejay Surrendra Park Hotels and Laxmi Nivasam Developers Sign Term Sheet

Laxmi Nivasam Developers and Apeejay Surrendra Park Hotels have announced their collaboration for developing, Zone Connect Yadagirigutta, an upscale hotel at the pilgrimage destination in Telangana, 60 km from Hyderabad.

Zone Connect Yadagirigutta is being developed by Laxmi Nivasam Developers, a real estate company based out of Hyderabad. The hotel will be developed in phases and will feature 400 suites, Café C, an all-day dining restaurant, a speciality restaurant, 10000 sq. ft. of banqueting space, and a host of leisure activities for all age groups.

Apeejay Surrendra Park Hotels will be managing the property and the first phase with 150 rooms is expected to be operational in 2022.

Speaking on the occasion of singing at THE Park Hyderabad, Rajendra Prasad - Chairman, Laxmi Nivasam Developers said “Honorable Chief Minister Shri K. Chandrashekar Rao has a special focus on the development of the destination and has been very supportive in guiding and creating world-class facilities for the devotees. We are excited to take this vision forward by developing this property. We are happy to partner with Apeejay Surrendra Park Hotels Limited which has experience of over 50 years in developing and managing hotels in the country, to manage Zone Connect Yadagirigutta. We are looking forward to taking this relationship to other religious destinations across the country.”

 Commenting on the signing, Vikas Ahluwalia - General Manager & National Head, Zone by The Park Hotels, “We are delighted to expand our presence in the state of Telangana and the religious tourism sector, and extremely excited to partner with Laxmi Nivasam Developers. We are thrilled to bring to the city our social-catalyst brand Zone Connect. Zone Connect is conceived as the nucleus of all things social for the modern corporate travelers. It is the social catalyst that connects you to the city and to all things urban and modern. We are looking forward to bringing Zone hospitality to the divine destination of Yadagirigutta."    

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