Bhubaneswar, August 13 (LocalWire) Swosti Group, a homegrown hospitality provider and travel planner, has shown interest to establish hotels in Kashmir, after Prime Minister Narendra Modi appealed industrialists to consider investment in the recently-declared Union Territory.
“With Immediate boost to tourism and commercial activities at Kashmir we can win the hearts of the public there in general.
I am a hotelier from Odisha and willing to invest there if land is available,” wrote J K Mohanty, chairman and managing director, Swosti Group in a tweet, responding to the Prime Minister’s appeal on Twitter.
Since the Jammu and Kashmir state lost its statehood and became a centrally-governed territory, all archaic laws such as restriction on land buying by non-residents have become invalid.
Mohanty, whose fleet of hotels have a total of 300 rooms constructed at various locations in the state, raised the issue of land availability as first condition to invest there.
The Bhubaneswar-based hospitality company has two properties in Bhubaneswar and one at Gopalpur in Ganjam district.
It has also acquired land parcels at Puri, Satapada and Bhitarkanika, all coastal areas within the state, for future expansion.
So far, only home-grown hotel company May Fair Hotels and Resorts has properties functional at Goa, West Bengal, Sikkim and Chhattishgarh states besides having several properties in Odisha.