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Ridhira Group has announced an investment of INR 117 crore in a new hospitality project in Yacharam, Telangana, signalling rising confidence in emerging travel destinations beyond major cities. The development will include a branded hotel with modern amenities aimed at both leisure and business travellers. The project is expected to generate employment during construction and operations, while supporting local businesses such as transport, retail and food services. Improved road connectivity and Yacharam's proximity to Hyderabad have made the location attractive for hospitality growth. With approvals underway and planning in progress, the project reflects growing investor interest in tier-II and tier-III markets offering new opportunities for tourism-led development.
Ridhira Group has announced plans to invest INR 117 crore in a new hospitality project in Yacharam, Telangana, in a move that industry observers say reflects growing confidence in the state's tier-II and tier-III destination markets. The company said the development will include a branded hotel and associated facilities, designed to serve both leisure travellers and business visitors to the region. Advertisement
The project is expected to create substantial employment opportunities during both construction and operations, supporting local labour markets and generating indirect demand for services such as retail, transport and food & beverage. Company representatives noted that Telangana's improving road connectivity and proximity to Hyderabad make Yacharam strategically positioned to benefit from expanding travel and tourism flows.
Ridhira Group's investment announcement follows rising investor interest in hospitality developments outside traditional metro corridors, as developers seek new growth corridors with rising occupancy and yield potential. The planned property is likely to feature modern amenities, conference spaces, dining outlets and leisure facilities tailored to contemporary business and leisure travellers.
The Ridhira Group has not yet disclosed a detailed development timeline, configurations or branding partners for the hospitality project. Officials indicated that final approvals and statutory clearances are in progress, with a formal ground-breaking expected once pre-construction planning is complete. As the project moves closer to execution, it highlights how emerging destinations such as Yacharam are gaining traction among institutional and private investors looking beyond established urban markets.
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