CALCULATE YOUR SIP RETURNS

Lemon Tree Hotels Expands in Madhya Pradesh with Two New Properties

Written by: Nikitha DeviUpdated on: Mar 10, 2025, 10:10 AM IST
Lemon Tree Hotels signs two Keys Lite properties in Madhya Pradesh along the Delhi-Mumbai Expressway, set to open by FY26 with 42 rooms and modern amenities.
Lemon Tree Hotels Expands in Madhya Pradesh with Two New Properties
ShareShare on 1Share on 2Share on 3Share on 4Share on 5

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.

Strategic Location Along Delhi-Mumbai Expressway

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.

Hotel Features and Opening Timeline

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.

Exploring Madhya Pradesh’s Cultural and Natural Charm

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.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

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.

Know More

We're Live on WhatsApp! Join our channel for market insights & updates

Open Free Demat Account!

Join our 3 Cr+ happy customers

+91
Enjoy Zero Brokerage on Equity Delivery
4.4 Cr+DOWNLOADS
Enjoy ₹0 Account Opening Charges

Get the link to download the App

Get it on Google PlayDownload on the App Store
Open Free Demat Account!
Join our 3 Cr+ happy customers