BHVL Sign MoU with Tamil Nadu Government to invest ₹1100 Crore in Chennai

Brigade Hotel Ventures (BHVL) has signed a Memorandum of Understanding (MoU) with the Government of Tamil Nadu at the ongoing Tamil Nadu Global Tourism Summit 2026. The MoU, signed in the presence of the Hon’ble Chief Minister of Tamil Nadu, M K Stalin, commits an investment of ₹1,100 crore by BHVL, aimed at significantly bolstering the state’s tourism infrastructure and creating high-value employment opportunities for over 1,000 people.

The initiative aligns with the summit’s core objective of bringing together senior policymakers, global investors, and industry leaders to explore and develop new opportunities in the hospitality and leisure sectors.

Commenting on the development, Vineet Verma, Director, BHVL, said, “This MoU is part of our commitment to bring the best of hospitality to Chennai and reflects our shared vision with the Government of Tamil Nadu to transform Chennai into a premium destination for global business and leisure travellers. By adding over 500 keys across three world-class brands, we are not only expanding our portfolio but also contributing to the state’s economic growth through the creation of substantial employment. Our goal is to set new benchmarks in hospitality while supporting the government’s mission to enhance tourism infrastructure and destination development across this vibrant state.”

Holiday Inn Chennai OMR IT Expressway, BHVL’s first hotel through its subsidiary SRP Hotel Ventures Limited in Chennai, commenced operations in April 2017 with 202 keys.

The company will now add over 500 new keys across three properties in Chennai, including Courtyard by Marriott at Chennai World Trade Center, Grand Hyatt Chennai ECR, and JW Marriott Chennai OMR. Brigade Group has already acquired land for these projects to create world-class hospitality destinations in Chennai.

• Courtyard by Marriott at Chennai World Trade Center will offer around 45 thoughtfully designed guestrooms, located just 13 km from Chennai International Airport.
• Grand Hyatt Chennai ECR will be a premier resort with approximately 211 guest rooms.
• JW Marriott Chennai OMR will feature around 250 stylishly appointed guest rooms and suites.