Delhi International Airport Ltd (DIAL) has invited bids for setting up hotels on five plots in a hospitality district planned near the airport.
DIAL, the GMR Group-led consortium which operates the national capital’s airport, has planned the 45-acre district around the airport for developing a mix of 5-star, 4-star and 3-star hotels. The properties would be developed on 13 plots. DIAL has already allotted eight of the 13 hotel plots in the district for developing hotels.
“We have invited bids for five land plots in the district. We hope to get as much money as we got for the first eight plots,” a senior DIAL official said, without giving further details.
Bids are sought from individual companies or consortia with a net worth of at least Rs 50 crore. The selected bidders would enter into a long-term lease agreement with DIAL for 30 years, extendable by another 30 years.
In the initial round of bidding for eight plots, Accor, Hyatt (Saraf Hotels), Interglobe Hotels, Lemon Tree and Bird Group were the winners.
The Bird Group is developing a 5-star hotel with 210 rooms under the Dusit Thani brand in the hospitality district.