The land which has been allotted on a long-term lease basis, is intended for the development and operation of a distinguished premium 5 Star hotel, complemented by contemporary banqueting facilities and signature cuisine offerings, said an ITC Hotels release.The land which has been allotted on a long-term lease basis, is intended for the development and operation of a distinguished premium 5 Star hotel, complemented by contemporary banqueting facilities and signature cuisine offerings, said an ITC Hotels release.