"Iora Hotels Pvt Ltd Granted Occupancy Certificate by MMRDA for Hotel Near Mumbai Airport"

In a significant development, Lemon Tree Hotels Limited's subsidiary, "Iora Hotels Private Limited," has received an "Occupancy Certificate" from the Mumbai Metropolitan Region Development Authority ('MMRDA') for its upcoming hotel, strategically located near the bustling Mumbai International Airport. The certificate was officially granted at 06:00 p.m. on the same day.

The Occupancy Certificate, issued by the regulatory authorities, signifies compliance with all necessary standards and regulations, allowing the hotel to operate smoothly. It will remain valid unless cancelled or withdrawn by the relevant authorities.

This state-of-the-art hotel, set to be named "Aurika, Mumbai Skycity," is a significant addition to the Lemon Tree Hotels portfolio. With a total of 669 rooms, it will contribute to the company's expanding inventory of owned and leased rooms. Once fully operational, the new hotel will boost the company's total room count by approximately 13%.

This strategic move aligns with Lemon Tree Hotels' commitment to providing exceptional hospitality services and expanding its presence in key markets. The hotel's proximity to Mumbai International Airport positions it as a convenient choice for travelers, promising a seamless and comfortable stay experience.

The granting of the Occupancy Certificate marks a crucial step in bringing "Aurika, Mumbai Skycity" to life and signifies Lemon Tree Hotels' dedication to offering high-quality accommodations in prime locations.

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