Lucknow-based ABS Group with interests in hospitality, housing, food and beverages, has planned a Rs 200 crore hotel in the city.
The proposed 3-star hotel is coming up on Dewa Road and likely to be completed by December 2009.
“The hotel will start functioning from this fiscal, while a resort is also coming up nearby,” ABS Group Managing Director Sukesh Rajan told Business Standard.
Group company ABS Beverages recently launched packaged drinking water, while soda, mineral water and soft drink brands are lined up for launch in near future, he added.