Omaxe Lemon Tree Hotels 4000 Crore Agreement 2026 for 10 Hotels
Omaxe Lemon Tree Hotels 4000 Crore Agreement 2026 covers 10 hotel projects and 4,000 keys across Lucknow, Vrindavan, Amritsar and more.
Omaxe Lemon Tree Hotels 4000 Crore Agreement 2026 will bring 10 new hotel projects to northern India. Omaxe Ltd. signed an MoU with Carnation Hotels Private Limited, a wholly owned subsidiary of Lemon Tree Hotels. The deal covers about 4,000 keys. It represents an estimated investment of ₹4,000 crore.
Omaxe Lemon Tree Hotels 4000 Crore Agreement 2026 at a Glance
The agreement is part of Omaxe's hospitality plan announced in June 2026. That plan involves ₹6,200 crore across 19 hotels in five states. The Omaxe Hotel Expansion India programme now has a clear operating partner. The properties will run under the Lemon Tree Hotels brand portfolio.
Projects are planned across Lucknow, Vrindavan, Amausi, Ghaziabad, Greater Noida, Amritsar, Kaushambi and Faridabad. These sites serve business travel, religious tourism and transit demand. Timelines vary by project. Development and commissioning may take from nine months to five years.
Lucknow and Vrindavan Hotel Projects Lead the Pipeline
Two hotels are planned near bus terminals in Lucknow. The Jankipuram project has 500 keys. The Vrindavan Yojna project has 330 keys. At Amausi, near Lucknow airport, Omaxe BeTogether Centre Point will offer 693 keys.
Vrindavan gets two properties. Omaxe Eternity II is planned with 501 keys. Omaxe BeTogether Courtyard will have 81 keys. These projects target the temple town's steady pilgrim traffic.
Other Cities in the Omaxe 10 Hotel Projects Portfolio
Ghaziabad will host Omaxe BeTogether Centre Point on Ambedkar Road with 215 keys. Omaxe Connaught Place in Greater Noida will have 150 keys. The Amritsar service apartment project is the largest at 745 keys. Kaushambi will get a 350 key Centre Point hotel. World Mall in Sector 79, Faridabad, will include 435 keys.
What Omaxe and Lemon Tree Leaders Said
Mohit Goel, Managing Director of Omaxe, said hospitality demand is growing beyond big metros. He said Tier 2 and Tier 3 cities are becoming key destinations for business, leisure and pilgrimage travel. He added that the sale led model supports disciplined capital use.
Neelendra Singh, Managing Director of Lemon Tree Hotels, said smaller cities have long been central to the company's growth. He said the alliance will speed up its asset light strategy. Omaxe brings nearly four decades of development experience. Lemon Tree brings over two decades of hospitality expertise.
Sale Led Development and Company Background
Omaxe plans to fund completion through sales proceeds instead of loans. The company expects the hotels to complement its townships and commercial projects. Omaxe was established in 1987 and has been listed since 2007. It reports about 145.50 million sq. ft. delivered across 32 cities.
Readers can find more hotel news on our site. To learn about the hotel brand, visit the official Lemon Tree Hotels website.