In a significant move to boost the hospitality sector in Rajasthan, realty giant Manglam Group has announced a substantial investment of Rs 1,000 crore. The Jaipur-based firm plans to channel this investment over the next five years to expand its footprint in the luxury hotel space.
Laying the foundation for a fresh round of hospitality growth, the group has already made its mark with the 150-room Westin Jaipur Resort on the Delhi-Jaipur Highway, which will soon be operational. Following its strategic game plan, Manglam Group is targeting high-priority areas and major tourism centres in the state.
Future Projects Revealed The company has already set its second big project in Jaipur, a 200-room hotel as part of a mixed-use complex in Jagatpura. The new property will be operated by an internationally known hotel brand, emphasizing the group’s vision to provide high-end experiences.
Also, the plans of the group constitute a 200-key hotel on Ajmer Road for an investment of Rs 200 crore, a 250-key project on the Delhi-Jaipur Road for Rs 300 crore, and a 200-key set-up near the Khatu Shyam Temple for an estimated Rs 150 crore.
Strategic Vision Amrita Gupta, Director at Manglam Group, emphasized the rationale behind the investment, stating, “Our Rs 1,000 crore hospitality investment is a strategic step toward reshaping Rajasthan’s tourism industry. The demand for world-class luxury experiences is at an all-time high, and Manglam Group is committed to delivering exceptional hospitality assets that cater to this evolving market.”
Why Rajasthan? Rajasthan state remains a top tourist destination and a popular choice for high-end weddings, generating a strong demand for upscale accommodations. Manglam Group’s strategic growth seeks to capture this demand by providing a portfolio of high-end hotel assets.
Founded in 2008, Manglam Group has successfully completed more than 70 real estate projects and is currently working on several new projects. The venture into the hospitality industry is a significant move in the group’s long-term expansion plan.
With a focus on catering to both domestic and international tourists, the group’s upcoming hotels are poised to redefine luxury hospitality standards in Rajasthan.
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