Lemon Tree Gets Nod For New Hotel In Mumbai
Lemon Tree Hotels Limited's subsidiary company Iora Hotels Private Limited (IORA) has received final pre-construction approval i.e. Consent to Establish from Maharashtra Pollution Control Board for commencing construction of its 577 rooms & suites property with large convention center to be opened under the company’s brand “Lemon Tree Premier’, located next to Mumbai International Airport, Mumbai, which is the most demand dense and highest barrier to entry hotel market in India.
The groundbreaking i.e. start of construction shall commence on 10th June 2018. The said approval is granted for a period upto commissioning of Hotel or 5 years, whichever is earlier.