Under the proposed plan, Rs 820 crore has been earmarked for The Ashok Hotel and Rs 380 crore for Hotel Samrat. The redevelopment project for Hotel Ashok is larger and is expected to be awarded in the initial period of NMP 2.0. A similar project for Hotel Samrat is expected towards the end of the period. The award for The Ashok redevelopment is targeted for the Financial Year 2027, while Hotel Samrat for Financial Year 2030.Under the proposed plan, Rs 820 crore has been earmarked for The Ashok Hotel and Rs 380 crore for Hotel Samrat. The redevelopment project for Hotel Ashok is larger and is expected to be awarded in the initial period of NMP 2.0. A similar project for Hotel Samrat is expected towards the end of the period. The award for The Ashok redevelopment is targeted for the Financial Year 2027, while Hotel Samrat for Financial Year 2030.
Govt clears PPP redevelopment of Ashok, Samrat Hotels under NMP 2.0; Rs 1,200 crore investment planned
