SAMHI Hotels Limited has signed an Agreement to Lease with Aurean Eskar and other lessors for a 260-room mid-scale hotel in Hyderabad’s Financial District. The hotel will be developed as part of a mixed-use project, with SAMHI’s estimated development cost ranging from ₹12.5 crore to ₹14.3 crore for fitouts and branding.
The transaction is structured as a long-term variable lease that links land value realisation to the hotel’s operating performance. Under the agreement, Aurean Eskar will develop the building before handing it over to SAMHI for completion.
This will be SAMHI’s third property in the Financial District, joining the 326-room Sheraton in the upscale segment and the 232-room Fairfield by Marriott in the upper mid-scale segment. The addition allows SAMHI to serve three distinct price points in the micro-market.
Ashish Jakhanwala, Chairman and Managing Director of SAMHI Hotels, said the agreement deepens their presence in the Financial District while reflecting their capital-efficient growth approach. The variable lease structure ensures commitments are linked to hotel performance.
Aurean Eskar Managing Partners Pushkin Reddy and Rithwik Mali described the collaboration as a landmark hospitality project that strengthens their commercial portfolio and brings balance to West Hyderabad’s real estate landscape.
The final lease deed will be executed upon receipt of requisite building sanctions for construction.
The shares of SAMHI Hotels Limited were trading at ₹206.83 down by ₹1.33 or 0.64 per cent on the NSE today at 12.10 pm.
Published on August 28, 2025