Praveg signs a New 5-Star Hotel in Ahmedabad, Gujarat

Praveg Limited, India's leading hospitality company, is coming up with a luxury 5-star hotel in the world heritage city of Ahmedabad. The hotel will be located in the neighborhood of everything - work, fun, wellness, celebrations i.e. on the Sindhu Bhawan Road.

Reflecting the legendary hospitality of Gujarat, the hotel will feature 76 rooms with beautiful city views and plush amenities, like Infinity Pool, Open Sky Dining, Meditation Room specially designed for social functions, a Swimming Pool, among many others.

An epitome of celebrations, the hotel will offer exceptional amenities for social functions and destination wedding facilities like occasion-wise special arrangements, aesthetic Banquets that can host upto 1200 guests, Special Bridal Room and Honeymoon Suites with Jacuzzi. The hotel will be well-equipped with business event/conference amenities for upto 1000-1200 delegates.

With a distinctive sense of place and unmatchable hospitality, Praveg's new hotel will be the only pure vegetarian 5-star hotel in the city known to abide by traditions.

Speaking on the occasion Mr. Vishnu Patel, Chairman - Praveg Limited shared, "We are delighted to have our presence in Ahmedabad. This will be our first property in the UNESCO world heritage city. We aspire to expand and diversify our existing portfolio by signing and opening more hotels to offer guests with a wide range of hospitality experience."

Shares of Praveg Communications (India) Ltd was last trading in BSE at Rs. 490.05 as compared to the previous close of Rs. 494.40. The total number of shares traded during the day was 24872 in over 355 trades.

The stock hit an intraday high of Rs. 499.95 and intraday low of 484.00. The net turnover during the day was Rs. 12227139.00.

Source : Equity Bulls

Keywords

Praveg INE722B01019 Luxury5StarHotel HeritageCity Ahmedabad