Sarovar Hotels and Resorts is planning to set up a 5 star hotel ‘Sarovar Premiere’ in Bhubaneshwar with an investment of Rs. 670 million excluding the cost of land. The hotel will come up at Nayapalli near Kolkatta-Chennai highway and have 150 rooms and will become operational by 2012. The company has 3 other property in Kolkatta (Peerless Inn), Gangtok (The Royal Plaza) and Durgapur (Peerless Sarovar Portico). The group is also planning hotels in eastern India - Siliguri, Guwahati and Tezpur.
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