Samhi Hotels Acquires Lease for Proposed 162-Room Upscale Hotel in Noida Mixed-Use Development
Samhi Hotels Ltd's wholly owned subsidiary, SAMHI Skyline Private Limited, has executed a long-term lease/sub-lease agreement for a proposed upscale hotel in Noida, Uttar Pradesh. The agreement was finalized on 15 April 2026.The agreement was reached with INGKA Centres India Private Limited, a part of the Ingka Group. The lease covers the development of a hotel that will form part of a larger mixed-use development project.
The planned complex is located at E-01, Sector-51, Noida, Gautambuddha Nagar, Uttar Pradesh, 201301, India. This mixed development is scheduled to include commercial, hospitality, office space, and other ancillary components.
Under the terms, SAMHI Skyline will take possession of the site for hotel fitouts and branding after the Lessor completes its scope of work. The proposed hotel has an estimated built-up area of 15,022 square meters and is designed to accommodate approximately 162 rooms. The facility will be managed under an international hotel brand to be determined later.
The transaction is structured as a long-term lease/sub-lease, underscoring Samhi's strategy for disciplined, capital-efficient growth and expansion across multiple price points in core markets.
Key details regarding the lease agreement are as follows:
| Parameter | Detail |
|---|---|
| Parties Involved | SAMHI Skyline Private Limited and INGKA Centres India Private Limited (Lessor) |
| Asset Type | Proposed Upscale Hotel (Part of Mixed-Use Development) |
| Location | E-01, Sector-51, Noida, Uttar Pradesh |
| Hotel Capacity | Approximately 162 rooms |
| Estimated Built-up Area | 15,022 square meters |
| Financial Structure | Rent payable by SAMHI Skyline is calculated as a percentage of Net Revenue generated from hotel operations. |
| Additional Charges | SAMHI Skyline shall also pay applicable ancillary service and utility charges as per the agreement terms. |
The transaction was confirmed to be a related party transaction executed at arm's length.
SAMHI Stock Price Movement
Samhi Hotels Limited shares today edged higher to close at ₹161.02, marking a positive gain of 2.61% for the session. The stock showed robust investor interest, trading today on a volume of 775,633 shares.Source:
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