Minor Hotel Group (MHG), a hotel owner, operator and investor, currently with a portfolio of 136 hotels and resorts in 22 countries, has announced the first 16 unit Oaks property in India.
Oaks is one of Australia’s largest, self-contained accommodation providers in the 4–4.5 star market launched in 1991. Their growing portfolio currently comprises 52 properties across four countries – Australia, New Zealand, Thailand and the United Arab Emirates. The India project will join others in development in China and Indonesia.
Neemrana itself is a fast developing business hub near New Delhi. The units will be housed in a central position above a new mall offering banks, department stores and retail outlets, restaurants and family entertainment.
Oaks Neemrana will also include an all-day restaurant with sky garden, cafe, lounge area, pool bar, meeting space of 160 square metres with capacity to accommodate up to 80 people, plus a gym and a kids’ play area.
Units at Oaks Neemrana will be sold to individual purchasers as investment properties leased back into a rental pool.