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THELEELA — Leela Palaces Hotels & Resorts News Story

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Brief: Schloss Bangalore Says MMRDA Approves Plot Allotment To Schloss Bangalore Consortium

June 3 (Reuters) - Schloss Bangalore Ltd SCHL.NS:

MMRDA APPROVES PLOT ALLOTMENT TO SCHLOSS BANGALORE CONSORTIUM

LEASE OF PLOT IN BANDRA-KURLA COMPLEX ALLOTTED FOR 80 YEARS

TO DEVELOP MIXED-USE PROJECT INCLUDING 250 KEY LUXURY HOTEL

TOTAL LEASE PREMIUM PAYABLE IS 13.02 BILLION RUPEES

Source text: ID:nBSE1P9tlN

Further company coverage: SCHL.NS

 ((Reuters.Briefs@thomsonreuters.com;;))

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