In the picture from left – Mr. Paritosh Ladhani, Joint Managing Director,
Sincere Developers Pvt. Ltd., Mr. Gulab Ladhani, Chairman & Managing Director,
Sincere Developers Pvt. Ltd. and Mr. Puneet Chhatwal,
Managing Director & Chief Executive Officer, IHCL

This hotel is owned by Sincere Developers Pvt Ltd. under a management contract by Taj.

Mumbai, May 14, 2019: The Indian Hotels Company Limited (IHCL), South Asia’s largest hospitality company is pleased to announce a Taj branded hotel in Agra. This hotel is owned by Sincere Developers Pvt Ltd. under a management contract by Taj.

Mr. Puneet Chhatwal, Managing Director and Chief Executive Officer, IHCL said, “This signing further strengthens our leadership in the leisure portfolio, as aligned to Aspiration 2022. Agra is one of the key cities in the famed Golden Triangle circuit. With this established hotel migrating to the Taj brand, the company will offer a multiple choice of hotels in all the three cities of Delhi, Agra and Jaipur. We are delighted to continue our growth in the fee based business model.”

The hotel is strategically located within walking distance from the Taj Mahal, one of the Seven Wonders of the World and one of the three UNESCO World Heritage sites in Agra. The hotel comprises 239 spacious rooms as well as an all-day diner, an Indian specialty restaurant and a rooftop lounge overlooking the Taj Mahal. The hotel also has the largest banqueting space in the city.

Mr. Gulab Ladhani, Chairman and Managing Director, Sincere Developers said “We are proud to partner with The Indian Hotels Company Limited for its iconic Taj brand. Tourists to the city will now be able to get a taste of the legendary Taj hospitality.”

Agra is a city on the banks of the river Yamuna in the state of Uttar Pradesh. It is a major tourist destination because of its many Mughal-era buildings, most notably the Taj Mahal, Agra Fort and Fatehpur Sikri all of which are UNESCO World Heritage sites. Agra is included on the Golden Triangle tourist circuit, along with Delhi and Jaipur.

With this addition, IHCL will have two hotels, one under the Taj and one under the SeleQtions brand in the city of Agra.

About Sincere Developers Pvt. Ltd.

Sincere Developers Pvt. Ltd. is a Private company incorporated on 13 September 1993. It is classified as a non-government company and is registered at Registrar of Companies, Delhi with an authorized paid up share capital of INR 7.91 Cr. It is involved in real estate activities with owned or leased properties. The company started operating in the hospitality industry in the year 2011.

Mr. Gulab Ladhani is the Chairman and Managing Director of Sincere Developers. Mr. Paritosh Ladhani is Joint Managing Director. Other Executive Directors of Sincere Developers Pvt. Ltd. are Mr. Ekansh Ladhani, Mrs. Kaushalya Devi, Mrs. Alka Ladhani and Mrs. Lata Ladhani.

About The Indian Hotels Company Limited (IHCL)

The Indian Hotels Company Limited (IHCL) and its subsidiaries bring together a group of brands and businesses that offer a fusion of warm Indian hospitality and world-class service. These include Taj – the hallmark of iconic hospitality, SeleQtions, a named collection of hotels, Vivanta, sophisticated upscale hotels and Ginger which is revolutionizing the lean luxe segment.

Incorporated by the founder of the Tata Group, Jamsetji Tata, the Company opened its first hotel – The Taj Mahal Palace, in Bombay in 1903. IHCL operates 179 hotels including 30 under development globally across 4 continents, 12 countries and in over 80 locations.

The Indian Hotels Company Limited (IHCL) is South Asia’s largest Indian hospitality company by market capitalization. It is primarily listed on the BSE and NSE.

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