Supertech Ltd and The Leela Palaces, Hotels & Resorts announce new project in Noida
November 1, 2012: Real estate developer, Supertech Ltd and hotel chain, The Leela Palaces, Hotels and Resorts, has partnered to present The Leela Palace Noida, at Supernova, Noida. Supertech will construct and develop the property which will be operated and managed by The Leela.
The Leela Palace Noida will be situated in one of the five towers of Supernova - India’s tallest and largest mixed use development located in Sector 94, Noida. It promises to be an ultra luxurious hotel comprising approximately 250 guest rooms and suites, restaurants, lounges, banquet facilities, internationally renowned spa and modern fitness centre. In keeping with The Leela’s high standards of excellence, the hotel will offer exclusive services for corporates.
Mr. R K Arora, Chairman & Managing Director, Supertech Ltd, said, “Supernova is an epitome of luxury and class and The Leela is also known for its opulent properties. This amalgamation of two premium brands will make it a connoisseurs’ destination with the best facilities and features to offer. Noida is coming up with the best of facilities and infrastructure which is attracting a lot of corporates to set up their businesses here, thereby increasing the demand for hotels in the city. Also with the opening up of Yamuna Expressway, the demand for this sector will witness a further boost.”
Supertech is investing INR 450 crores in this venture which will be completed within a period of 48 months from its commencement.