SAMHI Hotels Ltd Enters NCR’s IT and Corporate Hub with Noida Deal

DSIJ Intelligence / 16 Apr 2026 / Categories: Mindshare, Trending

SAMHI Hotels Ltd share price rises as the company signs a deal with Ingka Centres to develop a 162-room upscale hotel in Noida, strengthening its NCR presence.

The Delhi-NCR region, one of India’s largest hospitality markets, continues to witness strong demand driven by its expanding commercial ecosystem. Key micro-markets such as Sector 62 and the Noida Expressway corridor have emerged as prominent office and business districts, supporting consistent demand for quality hotel inventory.

In line with this trend, SAMHI Hotels Ltd share price is expected to be in focus after the company entered into an agreement with an affiliate of Ingka Centres to lease an upscale hotel in Sector 51, Noida. The proposed property will comprise around 162 rooms and will be part of a larger under-Construction mixed-use development spanning approximately 2.5 million sq ft.

The project forms part of Ingka Centres’ “Meeting Places” concept, a large-format mixed-use platform that integrates retail, leisure and community-focused spaces into a single destination. The development is designed to create a modern, retail-led ecosystem while supporting local businesses and flexible workspaces.

Under the terms of the agreement, Ingka Centres will lease the building structure, including façade and high-side engineering works, while SAMHI Hotels Ltd will invest in interior fit-outs. The hotel is expected to be positioned under an international upscale brand, which will be finalised at a later stage.

About SAMHI Hotels Ltd

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SAMHI Hotels Ltd is one of India’s leading multi-branded asset owners by inventory, with a proven track record of transforming underperforming hotels into thriving assets. The company’s primary focus is on high-growth markets like Bangalore, Hyderabad, Pune, and NCR. These regions benefit from rising air travel and steady office space absorption, which continue to fuel demand for premium hospitality.

SAMHI Hotels Ltd Share Price Performance

As of April 16, 2026, SAMHI Hotels Ltd shares were trading at Rs 162.68, up 1.03 per cent on the day, with an Intraday high of Rs 168.80, reflecting positive investor sentiment around the development.

Disclaimer: The article is for informational purposes only and not investment advice.