LowPositive
Announced Tue, 16 Jun · 17:38 IST

TDI Infratech to invest Rs 75 cr in upcoming Ramada hotel in Haryana

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AI summary

TDI Infratech will invest approximately Rs 75 crore in a 53-key Ramada by Wyndham hotel in Panipat, Haryana, as part of its mixed-use project 'TDI Connaught Estate'. The company has signed a management agreement with Wyndham Hotels & Resorts, with the hotel expected to open in Q2 2028. The investment reflects the company's confidence in Panipat's Tier 2/3 market growth potential.