Report

Omaxe signs MOU with Lemon Tree subsidiary for 10 hotel projects totaling about 4,000 keys

The Economic Times reports the projects entail an estimated ₹4,000 crore investment and will operate under Lemon Tree brands.

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1 Source, 35m ago, first seen 35m ago

TLDR

The Economic Times reports that Omaxe signed an MOU with Carnation Hotels, a Lemon Tree Hotels subsidiary, for 10 projects across India totaling about 4,000 keys. Development and commissioning are expected to take between nine months and five years, depending on the project. Omaxe expects to fund completion through sales proceeds without loans.

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ET Economic Times@EconomicTimes 5:30 AM · Oct 17, 2026
Omaxe ties up with Lemon Tree Hotels for 10 projects with 4,000 keys
Economic TimesOmaxe ties up with Lemon Tree Hotels for 10 projects with 4,000 keysOmaxe Ltd has signed an MOU with Carnation Hotels, a subsidiary of Lemon Tree Hotels, for new hotel projects. This collaboration will focus on developing ten hotels in various key Indian cities, totaling about 4,000 keys. The projects will require an estimated investment of Rs 4,000 crore, with timelines ranging from nine months to five years. Omaxe plans to fund the developments through sales proceeds, avoiding loan funding.

1 Source

@EconomicTimesOmaxe ties up with Lemon Tree Hotels for 10 projects with 4,000 keys https://economictimes.indiatimes.com/industry/services/property-/-cstruction/omaxe-ties-up-with-lemon-tree-hotels-for-10-projects-with-4000-keys/articleshow/134992209.cms1h

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1 Source, first seen 35m ago

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Sentiment

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Featured Source

ET Economic Times@EconomicTimes 5:30 AM · Oct 17, 2026
Omaxe ties up with Lemon Tree Hotels for 10 projects with 4,000 keys
Economic TimesOmaxe ties up with Lemon Tree Hotels for 10 projects with 4,000 keysOmaxe Ltd has signed an MOU with Carnation Hotels, a subsidiary of Lemon Tree Hotels, for new hotel projects. This collaboration will focus on developing ten hotels in various key Indian cities, totaling about 4,000 keys. The projects will require an estimated investment of Rs 4,000 crore, with timelines ranging from nine months to five years. Omaxe plans to fund the developments through sales proceeds, avoiding loan funding.

Sentiment

Positive——Negative

Summary

Not enough discussion yet.

No sentiment analysis available yet.

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1 Source

@EconomicTimesOmaxe ties up with Lemon Tree Hotels for 10 projects with 4,000 keys https://economictimes.indiatimes.com/industry/services/property-/-cstruction/omaxe-ties-up-with-lemon-tree-hotels-for-10-projects-with-4000-keys/articleshow/134992209.cms1h