AMBUJA NEOTIA TO INVEST ₹2,700 CRORE IN WEST BENGAL’S HOSPITALITY SECTOR; STRENGTHENING ITS PARTNERSHIP WITH IHCL

AMBUJA NEOTIA TO INVEST ₹2,700 CRORE IN WEST BENGAL'S HOSPITALITY SECTOR; STRENGTHENING ITS PARTNERSHIP WITH IHCL

KOLKATA, OCTOBER 31, 2026: Indian Hotels Company Limited (IHCL), India’s largest hospitality company and Ambuja Neotia, a diversified corporate group, today unveiled AltAir House – IHCL SeleQtions in Kolkata and Siliguri.

Puneet Chhatwal, Managing Director & CEO, IHCL, said, “Our longstanding partnership with Ambuja Neotia strengthens with the opening of AltAir House under the IHCL SeleQtions brand in Kolkata and Siliguri. AltAir House, with its bespoke design and experiences, is an ideal fit for the IHCL SeleQtions platform. Launched under a franchise arrangement, these openings mark a new chapter in our journey.”

He added, “Rooted in a shared vision, IHCL and Ambuja Neotia are committed to advancing tourism, creating new travel experiences, and expanding the presence of IHCL’s brands across the region.”

On this occasion, Ambuja Neotia announced a ₹2,700 crore investment in West Bengal’s hospitality sector across IHCL’s brandscape in Kolkata, Raichak, Digha, Siliguri, Lataguri, Kalimpong and Darjeeling. This investment includes the two newly launched hotels and ₹ 100 crore expansion of Taj Chia Kutir Resort & Spa, Darjeeling with 28 keys and 15,000 sq.ft. banqueting facilities.

Harshavardhan Neotia, Chairman, Ambuja Neotia Group, said, “Bengal offers an extraordinary diversity of landscapes and cultural experiences, from its vibrant cities and riverfronts to its forests, tea gardens and the Himalayas. Our investment commitment of about ₹2,700 crore reflects our confidence in the region’s tourism potential and our aspiration to create destinations that people will want to experience and revisit.”

He added, “Our association with IHCL has grown over the years through a shared appreciation for thoughtful hospitality. With the launch of AltAir House – IHCL SeleQtions, we aim to create a more individual expression with every hotel telling its own design story, offering distinctive dining experiences and inviting spaces for people to come together. Alongside the continued growth of our Kutir series with IHCL, this marks an important milestone in our partnership.”

IHCL & AMBUJA NEOTIA’S UPCOMING PROJECTS IN WEST BENGAL

Building on the legacy of AltAir in Salt Lake Sector V, Kolkata — a distinctive destination for hospitality, dining and leisure for nearly a decade — AltAir House – IHCL SeleQtions debuts as a design-led boutique hospitality offering. Each property is envisioned to tell its own story through architecture, art and design, complemented by thoughtfully curated culinary experiences, signature dining concepts and inviting spaces for gatherings and celebrations.

AltAir House – IHCL SeleQtions, Kolkata, located at Ecospace Business Park, New Town, features 42 individually designed rooms and suites, each with an artistic narrative inspired by Bengal’s rich cultural heritage. The hotel brings together art-led interiors, curated dining and lounge experiences, wellness facilities and spaces for celebrations. AltAir House – IHCL SeleQtions, Siliguri, located within Uttorayon Township, offers 60 rooms and suites inspired by the region’s cultural diversity, with distinctive interiors, curated dining and indoor and outdoor event spaces accommodating up to 1,200 guests.

IHCL and Ambuja Neotia’s partnership today is a portfolio of over 80 properties across India including 55 resorts under Tree of Life, the experiential leisure brand.

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