Urban Square Mall, Udaipur, Announces Opening of 'The Banquet' at Keys Lite by Lemon Tree Hotels

Udaipur's largest retail destination, Urban Square Mall, has announced the opening of 'The Banquet' at Keys Lite by Lemon Tree Hotels, marking a strategic expansion of its hospitality and experiential offerings.

Positioned as a contemporary event venue, The Banquet spans approximately 5000 sq. ft. and has a hosting capacity of 150-200 guests, making it suitable for a wide range of social and corporate gatherings. The space has been designed with a focus on functionality and flexibility, enabling it to accommodate diverse event formats while ensuring operational efficiency and a consistent guest experience.

Located on the ground floor of the Hotel, the addition aligns with the asset's broader vision of integrating retail, leisure, and hospitality into a unified ecosystem. The development comes at a time when Udaipur is witnessing increasing demand for organised, high-quality event infrastructure, driven by both private celebrations and corporate engagements.

Commenting on the inauguration, Uddhav Poddar, CMD, Bhumika Group, said, "At Bhumika Group, our approach has been to expand beyond conventional retail into a more integrated mix that includes hospitality and experience-led formats. The introduction of 'The Banquet' is part of that broader evolution at Urban Square Mall. We are seeing a clear shift in how consumers engage with spaces today; how they are looking for destinations that seamlessly bring together shopping, dining, and social experiences. With this addition, we are not only strengthening our hospitality footprint but also enhancing the overall relevance of the asset in a way that is both demand-led and operationally sustainable."

Nandini Taneja, CEO, Bhumika Enterprises, added, "Our focus with 'The Banquet' has been on creating a venue that is efficient, adaptable, and aligned with the expectations of today's users. There is a clear shift towards professionally managed spaces that can seamlessly host both social and corporate engagements without compromising on experience. This facility has been planned to deliver consistency across service, layout, and execution, while remaining flexible enough to cater to varied event requirements. It strengthens our broader vision of building destinations that are not only well-designed, but also intuitive in how they function on a day-to-day basis."

With this launch, Urban Square Mall continues to cater as a multi-dimensional destination, addressing not only shopping and entertainment needs but also curated, experience-led interactions.

Shares of Lemon Tree Hotels Limited was last trading in BSE at Rs. 114.40 as compared to the previous close of Rs. 113.40. The total number of shares traded during the day was 128965 in over 1735 trades.

The stock hit an intraday high of Rs. 117.00 and intraday low of 113.45. The net turnover during the day was Rs. 14818851.00.

Source : Equity Bulls

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