Lemon Tree Hotels has announced the signing of two new properties under its Keys Lite brand in Madhya Pradesh, Keys Lite by Lemon Tree Hotels, Niman, and Keys Lite by Lemon Tree Hotels, Garoth. These hotels will be managed by Carnation Hotels Private Limited, a wholly owned subsidiary of Lemon Tree Hotels Limited.
Both properties are strategically positioned along the Delhi-Mumbai Expressway, an ambitious 1,350 km long, 8-lane project that passes through Delhi, Haryana, Rajasthan, Madhya Pradesh, Gujarat, and Maharashtra. Once completed, the expressway is expected to reduce travel time between Delhi and Mumbai to just 12 hours, enhancing connectivity and boosting tourism in the region.
Both Keys Lite by Lemon Tree Hotels, Niman, and Garoth are scheduled to commence operations by FY26. Each property will feature 42 well-appointed rooms, a restaurant, a banquet hall, a meeting room, and other public areas, catering to both business and leisure travelers.
Madhya Pradesh is known for its rich history, culture, and natural beauty. Niman, part of the Nimar region, has a vibrant tradition of folk literature and Nimadi heritage, with notable figures like Jagadish Joshila contributing to its literary significance. Garoth, located near Gandhi Sagar Lake, shares a boundary with Rajasthan’s Jhalawar district and is part of Ujjain Division, making it a compelling destination for travelers.
Commenting on the development, the CEO – Managed & Franchise Business of Lemon Tree Hotels, Mr Vilas Pawar, said, “We are thrilled to expand our presence in Madhya Pradesh, often referred to as the ‘Heart of India’. The opening of these two new properties will enhance our strategic growth in the state, complementing our portfolio of four existing hotels and four upcoming properties.”
On March 10, 2025, Lemon Tree Hotels share price opened at ₹130.75, touching the day’s high at ₹131.79, as of 9:33 AM on the NSE.
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Published on: Mar 10, 2025, 10:10 AM IST
Nikitha Devi
Nikitha is a content creator with 6+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.
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