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Manglam Group has announced plans to invest around INR 350 crore in a new hospitality project in Jaipur, strengthening its presence in the city's growing hotel market. The company has partnered with Marriott International to bring the Sheraton brand to the project, which will be developed on the Jaipur–Ajmer highway. Spread across more than 3 lakh sq ft, the hotel will feature 220 rooms. The development reflects continued investor interest in Jaipur’s hospitality sector, driven by tourism growth, business travel, and rising demand for branded hotel properties.
Real estate developer Manglam Group has announced an investment of around INR 350 crore to develop a new hotel project in Jaipur. The company has partnered with Marriott International, which will manage the property under its Sheraton brand.
According to a company statement issued recently, the upcoming Sheraton hotel will be located on the Jaipur–Ajmer highway, one of the key growth corridors in the city. The project will be developed across more than 3 lakh sq ft and will feature 220 rooms.
The development marks another addition to Jaipur’s expanding hospitality market, which has witnessed growing interest from both domestic and international hotel operators. The city continues to benefit from strong tourism activity, a rising number of business travellers, and its position as one of Rajasthan’s leading destinations for weddings, events, and cultural tourism.
Manglam Group said the hotel project is being developed with an estimated investment of approximately INR 350 crore. The partnership with Marriott International is expected to bring a globally recognised hospitality brand to the project while enhancing the quality of accommodation offerings in the city.
Established in 1995, Manglam Group has a diversified presence across real estate segments and has completed more than 125 projects to date. Over the years, the company has developed residential, commercial, retail and integrated township projects, primarily across Rajasthan.
The latest hospitality venture reflects the group's continued focus on expanding its portfolio through projects aligned with evolving demand trends in key urban markets.
Source PTI
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