Chalet Hotels to Develop 330-Room Luxury Hotel in Hyderabad

Chalet Hotels has approved plans to develop a new luxury hotel in Hyderabad, expanding its footprint in one of India’s fastest-growing hospitality markets. The project will mark the company’s third property in the city. 

Expansion in Hyderabad 

The upcoming development will feature around 330 luxury rooms along with nearly 36,255 sq. ft. of commercial and retail space in Madhapur. The hotel will be built within a larger building complex that the company will take on a warm shell lease. 

Hyderabad continues to see strong demand from IT, corporate and convention segments, making it a strategic market for premium hospitality operators. The new property is aimed at strengthening Chalet’s presence in the city’s high-demand business corridor. 

The project is expected to be completed by FY2029, adding significant room inventory to the company’s portfolio. 

Investment and Strategy Alignment 

The total investment for the development is estimated at around ₹6,328 million, including security deposits. The company plans to fund the project through a mix of internal accruals and debt. 

The addition is in line with Chalet Hotels’ long-term expansion strategy focused on scaling premium assets in key urban markets. 

With this move, the company continues to prioritise asset growth in high-performing metropolitan clusters where demand visibility remains strong. 

Read More: Chalet Hotels Share Price in Focus After HDFC Mutual Fund Acquires Additional 2% Stake! 

Chalet Hotels Share Price Performance  

As of 24 February 2026, at 10:15 AM, Chalet Hotels Ltd share price is trading at ₹853.80 per share, reflecting a decline of 1.01% from the previous closing price. Over the past month, the stock has gained by 4.31%. 

Conclusion 

The Hyderabad project reinforces Chalet Hotels’ expansion roadmap as it builds scale in established commercial hubs. The planned luxury addition is expected to enhance its portfolio depth and support long-term revenue growth. 

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