• Supertech to invest Rs 450 crores in the iconic project.
• The Leela Palace Noida to open in Supernova - India’s tallest and largest mixed use development.
• MOU brings collaboration of two major brands.

NEW DELHI - 31 October 2012: North India’s leading real estate developer, Supertech Limited and the world-class award winning hotel chain, The Leela Palaces, Hotels and Resorts today signed a Memorandum of Understanding (MOU) for the iconic luxury hotel – The Leela Palace Noida, at Supernova, Noida. Supertech will construct and develop the property which will be operated and managed by The Leela.

The new hotel named The Leela Palace Noida will be situated in one of the five towers of Supernova - India’s tallest and largest mixed use development located in Sector 94, Noida. The property will be an ultra luxurious hotel which will comprise of approximately 250 exquisitely appointed guest rooms and suits, superlative restaurants, lounges, banquet facilities, internationally renowned spa and modern fitness centre. In keeping with The Leela’s high standards of excellence, the hotel will offer exclusive services for corporates.

According to Mr. R K Arora, Chairman & Managing Director, Supertech Limited, “Supernova is an epitome of luxury and class and The Leela is also known for its opulent properties. This amalgamation of two premium brands will a connoisseurs’ destination with the best facilities and features to offer”.

“Noida is coming up with the best of facilities and infrastructure which is attracting a lot of corporates to set up their businesses here, thereby increasing the demand for hotels in the city. Also with the opening up of Yamuna Expressway, the demand for this sector will witness a further boost”, added Mr. Arora.

Speaking on the occasion, Mr. Vivek Nair, Vice Chairman and Managing Director, The Leela Group said “We are confident that with the unparalleled location, and an excellent development partner we would be able to offer what discerning guests travelling on business or leisure desire and have come to expect from the Leela Group. We believe our expertise and operational excellence will further open up opportunities for continued growth and contribute to Noida’s status as a major destination.” “The focus on the infrastructure in Noida including the newly opened Yamuna Expressway is now bound to attract increased tourist inflow and we would be delighted to welcome them to The Leela Palace Noida”, added Mr. Nair.

Supertech is investing Rs. 450 crores in this venture which will be completed within a period of 48 months from its commencement.

About Supernova

Supernova is India’s tallest and largest mixed-use development spread across 5 million sq. ft. of area located in Noida, Uttar Pradesh. The project has five towers – Spira (the Iconic Tower, India’s tallest mixed use development of 80 floors standing at 300 meters), Nova East, Nova West, Astralis and a hotel tower – The Leela Palace.

Spira consists of residences, studio apartments, a 5 star hotel, shopping malls, office spaces and recreational centers, topped off by a world class restaurant and bar, which boosts a bird’s eye view over the surrounding waterways of river Yamuna. The tower also has a Helipad, an Observatory deck, an Exclusive club house, automated elevators and a panoramic view of the bird sanctuary. Nova East & West are two adjoining towers with world class luxurious 2 & 3 BHK apartments. Astralis, designed to suit the modern offices, provides a highly advanced working environment with landscaped terraces, rooftop garden and exclusive private terraces. The fifth tower has an ultra premium hotel property called The Leela Palace Noida.

Supernova also has Radiance Place which is ultra premium luxurious mall, a combination of high street fashion, global brands, food outlets, entertainment zones, exclusive dining and podium rooftop gardens.

About Supertech Limited

Supertech Limited - an ISO 9001:2000 certified company, has successfully completed over 24 years in the real estate business and today it has revolutionized the real estate arena. The company has to its credit a customer base of 50,000 clients. Supertech Group is scaling new heights every day because of its engineering techniques, innovative designing, architectural finesse, quality and timely completion of the projects undertaken.

• Over 50,000 Customers base.
• Over 7,000 residential and 1000 commercial units delivered.
• Projects across 36 locations.
• Projects in hand worth Rs. 12,000 crores.

The Group has been involved in building many modern and finest residential, commercial complexes, townships, IT Parks and hotels in National Capital Region (NCR) and in new urban settlements like Meerut, Moradabad, Haridwar and Rudrapur.
The landmark projects of the company are Supernova, ORB, North Eye, Emerald Court, 34 Pavilion, Cape Town and Eco Citi in Noida, Upcountry and Golf Country at Yamuna Expressway.

About The Leela Palaces, Hotels and Resorts

The Leela Palaces, Hotels and Resorts is owned and/or operated by Hotel Leela venture Ltd. headquartered in Mumbai. The luxury Hotel Group manages eight award-winning hotels in India which includes prime urban locations in Bangalore, Gurgaon, Mumbai, New Delhi and Chennai, and magical holiday escapes in Goa, Kovalam and Udaipur. Properties under development are at Agra, Jaipur and Ashtamudi, Kerala, Bangalore at Bharatiya City strategically located close to the airport. The Group is renowned for its warm, gracious, and service in settings that ideally capture the Essence of India. The group has marketing alliances with Germany-based Kempinski, US-based Preferred Hotels & Resorts and is a member of the Global Hotel Alliance, the world’s largest alliance of independent luxury hotel brands. For further information, contact your travel counsellor or visit our website at www.theleela.com.

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