Sri City, an integrated township on the outskirts of Chennai is planning to set up a 100 room hotel in the area. "We have submitted the requisite papers for approval to the concerned authorities and we expect the approvals to come in the next couple of months," sources told TOI.

While they refused to divulge investment details, stating that the plan was still in the preliminary stages, the hotel project is expected to be a joint venture. "It will be positioned as a three or four start business hotel," sources added.