Sunday PropTech buys 89-room Kolkata hotel for Clubhouse brand
In short
Sunday PropTech bought an 89-room hotel in Rajarhat, Kolkata. It says this is its first hotel in the city and that the property will join its Clubhouse brand.
The move could help the company grow in eastern India, especially near the airport and business travel market. The deal price and exact timeline were not stated.
What the reporting says
Sunday PropTech acquired an 89-room hotel in Rajarhat, Kolkata, marking its entry into the city and adding the property to its emerging Clubhouse brand. The publisher summary says the hotel is near Netaji Subhas Chandra Bose International Airport and is aimed at business travelers. The company plans to revamp and reposition the asset, but the price and timing of the deal are not stated.
Why it matters
Sunday PropTech acquired an 89-room hotel in Rajarhat, Kolkata, and said it will place the property under its Clubhouse brand. The summary says the site is near the airport and suited to business travelers, and that the company plans to revamp it. The reporting suggests expansion in eastern India, but it does not state the purchase price or completion details.