Latest news with #HotelPatliputraAshok
Time of India
12 hours ago
- Business
- Time of India
Five-star Hotel Patna: Cabinet gives nod to five-star hotel at Patliputra Ashok site, 2 more in offing, ET TravelWorld
Advt Join the community of 2M+ industry professionals. Subscribe to Newsletter to get latest insights & analysis in your inbox. All about ETTravelWorld industry right on your smartphone! Download the ETTravelWorld App and get the Realtime updates and Save your favourite articles. The state cabinet on Tuesday approved a proposal by the tourism department to issue a letter of award to a Patna-based private developer for the construction of a five-star hotel near the Income-Tax roundabout, replacing the existing Hotel Patliputra Ashok . The project will be executed under the public-private partnership (PPP) this decision, the path has also been cleared for the development of two more five-star hotels in Patna, giving a major boost to luxury hospitality infrastructure in the state cabinet had earlier sanctioned the construction of five-star hotels at three sites – the location of Hotel Patliputra Ashok, the remodelling of the historic Sultan Palace (also known as Transport Bhavan) without altering its architecture and heritage value and the site of the Bankipore bus stand near Gandhi secretariat department additional chief secretary S Siddharth said the bidding process for the other two five-star hotel projects has also been initiated."The letter of award has been issued to the Patna-based agency concerned for the construction of a five-star hotel at the Hotel Patliputra Ashok site after the successful completion of the bidding process. Its construction cost was the lowest," Siddharth said, adding that the project will follow the PPP added that the lease agreement for the project has already been signed with the developer. "In the first phase, it is for 60 years, and then it will be extended by another 30 years. Overall, the lease agreement is for a 90-year period," Siddharth private developer awarded the project is Kumar Infra Trade Enterprises Pvt Ltd , Patna. The letter of award was issued by the Bihar State Infrastructure Development Authority In another key decision, the cabinet sanctioned the transfer of 0.1555 acres of land belonging to the Chandragupta Institute of Management-Patna to the urban development and housing department for the construction of a Patna Metro Rail land, located in the Vigrahpur 'mauja' under the Phulwarisharif circle, was transferred for a payment of Rs 10 crore, Siddharth said.
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Business Standard
a day ago
- Business
- Business Standard
Bihar Cabinet decisions: 6 new airports, MSP for chana, pulses, and more
The Bihar Cabinet has approved a memorandum of understanding (MoU) between the Airports Authority of India (AAI) and the state government for the development of six small airports under the 'Ude Desh ka Aam Nagrik' (UDAN) scheme. The airports identified for development are in Madhubani, Veerpur, Munger, Valmikinagar, Muzaffarpur, and Saharsa. The Cabinet has sanctioned an initial allocation of ₹25 crore for each airport to support infrastructure development. According to the Bihar Cabinet Secretariat Department's Additional Chief Secretary (ACS) S Siddharth, the decision will enable the development of necessary infrastructure at these locations. MSP declared for chickpeas, lentil, mustard The Cabinet approved the Food and Consumer Protection Department's proposal for procurement of pulses and oilseeds at Minimum Support Price (MSP). MSP for the Rabi Marketing Season (RMS) 2025–26 has been fixed as follows: Chana (chickpeas): ₹5,650 per quintal Masoor (lentil): ₹6,700 per quintal Mustard: ₹5,950 per quintal Five-star hotel to replace Hotel Patliputra Ashok In another decision, the Cabinet approved the allotment of a 'letter of award' to Kumar Infratrade Enterprises Pvt Ltd, Patna, for constructing a five-star hotel on the land of Hotel Patliputra Ashok. The hotel will be developed under a 60-year lease in PPP mode, with the lease tenure extendable by another 30 years. The company will deposit an amount based on the minimum value register (MVR) and annual lease deed fee. This will be the first of three five-star hotels planned in the city. Bidding for the other two—at the Bankipore bus stand and Sultan Palace—is underway. Rules for compassionate appointments updated The Cabinet approved the Bihar Rajya Vidyalaya Lipik (Niyukti, Sewashart evam Anushashnik Karwai) rules. Under this, wards of deceased teaching and non-teaching staff may be appointed on compassionate grounds. Fifty per cent of sanctioned posts will be filled through this provision, while the remaining 50 per cent will be filled by direct recruitment. SAP contract extension for 1,717 personnel The contracts for 1,717 Special Auxiliary Police (SAP) personnel, all retired members of the Indian Army, have been extended for the financial year 2025–26. Sand deposit study sanctioned in five rivers Approval was given to the Mines and Geology Department for a replenishment study of the Sone, Kiul, Falgu, Morhar, and Chanan rivers. This study, to be conducted by the Central Mine Planning & Design Institute (CMPDI), will assess sand deposits after the monsoon. The findings will guide sand mining permissions in line with District Mines Survey Reports. The project has been allocated ₹2.58 crore. Land allocated for industrial area in Saran The Cabinet approved the transfer of 70.5 acres of land in Arna (Mauja), Amnour circle, Saran district to the Industries Department for the development of an industrial area.
Time of India
a day ago
- Business
- Time of India
Cabinet gives nod to five-star hotel at Patliputra Ashok site, 2 more in offing
1 2 Patna: The state cabinet on Tuesday approved a proposal by the tourism department to issue a letter of award to a Patna-based private developer for the construction of a five-star hotel near the Income-Tax roundabout, replacing the existing Hotel Patliputra Ashok. The project will be executed under the public-private partnership (PPP) mode. With this decision, the path has also been cleared for the development of two more five-star hotels in Patna, giving a major boost to luxury hospitality infrastructure in the state capital. The cabinet had earlier sanctioned the construction of five-star hotels at three sites – the location of Hotel Patliputra Ashok, the remodelling of the historic Sultan Palace (also known as Transport Bhavan) without altering its architecture and heritage value and the site of the Bankipore bus stand near Gandhi Maidan. Cabinet secretariat department additional chief secretary S Siddharth said the bidding process for the other two five-star hotel projects has also been initiated. "The letter of award has been issued to the Patna-based agency concerned for the construction of a five-star hotel at the Hotel Patliputra Ashok site after the successful completion of the bidding process. Its construction cost was the lowest," Siddharth said, adding that the project will follow the PPP model. He added that the lease agreement for the project has already been signed with the developer. "In the first phase, it is for 60 years, and then it will be extended by another 30 years. Overall, the lease agreement is for a 90-year period," Siddharth said. The private developer awarded the project is Kumar Infra Trade Enterprises Pvt Ltd, Patna. The letter of award was issued by the Bihar State Infrastructure Development Authority. In another key decision, the cabinet sanctioned the transfer of 0.1555 acres of land belonging to the Chandragupta Institute of Management-Patna to the urban development and housing department for the construction of a Patna Metro Rail station. The land, located in the Vigrahpur 'mauja' under the Phulwarisharif circle, was transferred for a payment of Rs 10 crore, Siddharth said.
