Taj Group plans for five-star hotel in Patna

Tatas also likely to get favourable settlement in Taj Mansingh negotiations

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The Tatas-led Indian Hotels Company, which operates the Taj brand, is setting up a five-star hotel in Patna, the first of its kind in the Bihar capital, a top state government official said Tuesday.

The State Investment Promotion Board (SIPB) has cleared the Taj Group\'s proposal to build a five-star hotel in Patna, principal secretary for Industries Afzal Amanullah said.

According to him, the proposal was mooted by Unique Property, a company which will collaborate with Indian Hotels for the project.

\"The government has approved the proposal. It is for the group to search for the seven acres of land it requires to construct the property,\" Amanullah said.

Meanwhile, the scale is tilting towards a favourable settlement for the Tatas in the Taj Mansingh hotel lease case. The New Delhi Municipal Council, which has leased the building to Taj, is considering between a negotiated extension of the lease with the existing operator or giving Taj the right of first refusal in a public auction.

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