Sahara India Pariwar Acquires the Iconic Hotel, Grosvenor House in London
LONDON–(Marketwire – Jan 4, 2011) – Sahara India Pariwar, the multi commercial operation firm of India, currently voiced which it has acquired the many iconic hotel, Grosvenor House road house from The Royal Bank of Scotland Group plc.
Grosvenor House, located in the prestigious post of Park Lane in Mayfair, London, is an iconic turning point with 420 rooms, 74 suites, twenty-seven assembly bedrooms on condition that an implausible 4,000 block meters of tall peculiarity space and additionally houses Europe’s largest and many important road house banqueting space, the Great Room.
Sahara India Pariwar, a diversified Indian commercial operation firm founded in 1978, has operations in mixed sectors together with hospitality, tourism, city development, genuine estate activities, monetary services, housing finance, mutual funds, hold up insurance, imitation and radio media, movie production, sports, report technology, healthcare, commodity sales & services and consumer products.
Acquisition of Grosvenor House presents a singular event for Sahara India Pariwar to settle the foot-hold in the general oppulance road house marketplace after carrying successfully valid the imagination in liberality zone in India by Hotel Sahara Star and the lush 10,600 acres Aamby Valley City.
On this arise Mr. Subrata Roy Sahara, Managing Worker & Chairman, Sahara Group, said, “We have been intensely happy to make known Grosvenor House fasten the Sahara family.” He serve said, “This merger is a partial of the vital enlargement skeleton of the group. In further to the merger of Grosvenor House, London will be the gateway for Sahara to deliver a little of the brand new commercial operation ventures, internationally.”
Note: The merger was brokered by Richard Lewczynski of Blandford Goldsmith.
