The Company‘s strategy in the hospitality segment is to build hotels, clubs and serviced apartments as an integral part of its mixed-use development projects. The Company intends to principally build and sell its hotel properties. In some cases however, the Company has built and operated the hotel property for a short term with an aim of selling the property subsequently. In such cases the Company outsources the management of its hotels to global.

Operators such as Marriott and Carlson. The Company has signed an agreement with Marriott for the management of four of its hotel properties. The Company plans to develop different types of hospitality properties such as luxury or business hotels, serviced apartments, resorts, clubs and limited service budget hotels. The Company completed the development of Nirvana Club at Nirvana, Gurgaon in 2008.