Samhi Hotels enters into a lease for a mid-range Hyderabad hotel.

Samhi Hotels Ltd, a branded hotel ownership and asset management platform, on Thursday said it has entered into an agreement to lease a 260-room mid-scale hotel in Hyderabad’s financial district. The project, structured as a long-term variable lease, will be executed through Samhi’s wholly owned subsidiary, Barque Hotels Pvt. Ltd, with lessors P Pramoda, P Harika and Aurean Eskar. The arrangement links land value realisation to the hotel’s operating performance, allowing Samhi to pursue a capital-efficient growth strategy while retaining exposure to market upside. Aurean Eskar will develop the building and hand it over to Samhi for fit-outs and branding. The estimated development cost for Samhi’s scope of work is pegged between ₹125 crore and ₹143 crore, according to the company’s stock exchange filing.