Saboo Sodium Chloro has made a strategic entry into the hospitality sector by acquiring 26 acres of land in Chimur, Maharashtra, for developing a five-star resort project. The company plans to establish 'Samskara Tadoba', marking its diversification beyond its traditional business operations.

Project Details and Timeline

The resort development represents a significant investment in Maharashtra's tourism infrastructure. Key project parameters include:

Employment Generation

The Samskara Tadoba project is expected to create substantial employment opportunities in the region. The resort development will generate 250 jobs across various departments including hospitality services, administration, maintenance, and guest relations. This employment generation aligns with the company's commitment to contributing to local economic development in Maharashtra.

Expansion Strategy

Saboo Sodium Chloro has indicated its intention to pursue further land acquisitions in tourism-focused areas. This strategic approach suggests the company's long-term commitment to establishing a presence in the hospitality sector. The acquisition in Chimur represents the initial phase of what appears to be a broader expansion plan targeting tourism destinations.

Strategic Diversification

The resort project marks a notable diversification for Saboo Sodium Chloro, expanding its business portfolio into the hospitality and tourism sector. The Tadoba region's proximity to wildlife sanctuaries and natural attractions positions the resort to capitalize on eco-tourism and leisure travel segments. The five-star classification indicates the company's focus on premium hospitality services.

Saboo Sodium Chloro Limited has acquired approximately 23,300 square meters of prime land near Udaipur Airport, marking its strategic entry into India's luxury hospitality sector. The company plans to develop its flagship luxury resort project, Samskara Udaipur, targeting India's wedding market.

Strategic Location and Project Overview

The acquired land offers a scenic hill-view setting with exceptional connectivity, positioned just 15 minutes from Udaipur Airport and 5 minutes from the renowned Taj Lalit Bagh. This strategic location aims to capitalize on Udaipur's status as a premier wedding destination in India.

Resort Features and Amenities

Samskara Udaipur is planned as a comprehensive luxury resort with extensive facilities designed to cater to the premium hospitality market. The resort is expected to accommodate up to 250 keys.

Government Partnership and Development Timeline

The company has secured an MoU with the Government of Rajasthan under the Rising Rajasthan initiative. Construction is scheduled to commence in the coming months, pending receipt of all requisite approvals. Saboo Sodium Chloro Limited has initiated discussions for architectural, construction, and consulting services.

Regional Expansion and Infrastructure Development

To support its hospitality ventures in the region, Saboo Sodium Chloro Limited has established a dedicated office in Udaipur. The facility encompasses approximately 6,500 square feet, incorporating both corporate and guesthouse areas. This infrastructure aims to facilitate the execution of the company's projects in the region, including the upcoming Samskara Jawai Leopard Reserve.

Portfolio Growth and Future Pipeline

With this development, Saboo Sodium Chloro Limited now has over 700 keys in its Rajasthan pipeline across three strategic locations: Jaipur, Udaipur, and Jawai.

Additionally, the company is engaged in late-stage land acquisition discussions in Ranthambore and Achrol on the Jaipur-Delhi Road, which may be finalized in the coming weeks.