Newstrack

Samiah Group adds hotels to portfolio

Savio Rodrigues - New Delhi

Yet another Delhi-NCR based real estate company will make inroads into the Indian hospitality industry, except that this group will stay away from the maddening metro and non-metro rush and lodge itself in the quite serenity of Nainital.

The group has started work on its Sunny Lake Club resort project on the Bhimtal-Sattal road in Nainital, which will be a timeshare project. Speaking to Express Hospitality, Jamal A Khan, MD of Samiah International Group, revealed, "Owing to the growing tourism market in India, we have decided to foray into the hotel sector. With the timeshare market having cleaned up its image in the past couple of years, the opportunity of providing timeshare-like services and facilities in a prominent tourist destination like Nainital seemed logical."

Speaking further of the group's hospitality plans, Khan revealed that it has kick-started work on its maiden resort project and is currently scouting for properties at other tourist destinations in North India. The group will consider both a timeshare model as well as a regular hotel property. It has currently approached the timeshare affiliating international body, RCI, for membership.