Project Type: Hotel Leasing on BTS Model
Property Type: Built to Suit (BTS)
Area: 30000+ Sq.Ft. Built up Area
Rooms: 40 Rooms
Location: Hazratganj, Lucknow
Challenges:
- Tenant Requirements
- Ready-to-operate hotel asset
- Inventory of 30–50 rooms
- Prime CBD location with bar and banquet facilities
Owner Expectations
- Hospitality-experienced operator with proven credentials
- Phased leasing followed by renovation aligned to operator standards
- Premium rental value reflective of the strategic Hazratganj location
Our Strategy & Intervention
- Strategically aligned asset potential with tenant operating vision
- Positioned Hazratganj’s commercial advantage to overcome readiness concerns
- Structured a Built-to-Suit (BTS) leasing model
- Negotiated a Minimum Guarantee / Revenue Share framework