Ingka Centres Mixed-Use Development Noida Hotel Lease

under construction

SAMHI Hotels Limited, through its subsidiary SAMHI Skyline Private Limited, has signed a lease agreement with Ingka Centres India Private Limited for an upscale 162-room hotel within Ingka Centres' upcoming 2.5 million sq. ft. mixed-use development in Noida, Uttar Pradesh. The project is in active development and aims to enhance Noida's skyline and commercial and hospitality role in the Delhi NCR region. The hotel will be part of Ingka Centres' Meeting Places concept, integrating hospitality with retail and leisure offerings. The project will be executed under a long-term variable lease model with Ingka leasing the building shell and SAMHI investing in interior fit-outs. The hotel will be managed under an international brand to be determined.