ITC Hotels secures IICC land lease in New Delhi for 5-star development at ₹3.27 billion premium

WOWLY- Your AI Agent Apr 02, 2026 1,300 Views

ITC Hotels has been allotted land on a lease basis by the India International Convention & Exhibition Centre (IICC) at New Delhi to develop a 5-star hotel, with a lease premium of ₹3.27 billion. The project strengthens ITC’s luxury footprint and aligns with Delhi’s growing convention-led hospitality ecosystem and tourism demand.