SBI Term Loan: RLLR: 8.15 | 7.25% - 8.45%
Canara Bank: RLLR: 8 | 7.15% - 10%
ICICI Bank: RLLR: -- | 8.5% - 9.65%
Punjab & Sind Bank: RLLR: 7.3 | 7.3% - 10.7%
Bank of Baroda: RLLR: 7.9 | 7.2% - 8.95%
Federal Bank: RLLR: -- | 8.75% - 10%
IndusInd Bank: RLLR: -- | 7.5% - 9.75%
Bank of Maharashtra: RLLR: 8.05 | 7.1% - 9.15%
Yes Bank: RLLR: -- | 7.4% - 10.54%
Karur Vysya Bank: RLLR: 8.8 | 8.5% - 10.65%

Minor Hotels to operate Anantara luxury hotel at Rs 2,400-crore World Trade Centre in Kolkata

#Hospitality & Retail#India#West Bengal#Kolkata
Last Updated : 8th Apr, 2026
Synopsis

Minor Hotels has signed a management contract to operate a luxury Anantara-branded hotel at the upcoming World Trade Centre (WTC) in Salt Lake, Kolkata, marking its first urban Anantara property in India. The hotel, part of a joint venture between Aryan Realty and the Merlin Group, is scheduled to open in 2032 with an estimated development cost of INR 200 crore for the hotel component. The property will feature around 170 rooms and suites, two restaurants, a rooftop specialty restaurant, a ballroom, spa, gym and swimming pool. The WTC project, Eastern India's first, spans 11 acres of mixed-use development including Grade A office and retail space, with a total estimated project cost of INR 2,400 crore. Minor Hotels plans to expand its presence in India to 50 properties over the next decade.

Minor Hotels on Monday announced that it has signed a management contract to operate a luxury hotel at the forthcoming World Trade Centre (WTC) in Salt Lake, Kolkata. The hotel will be managed under the company's flagship luxury brand, Anantara, marking Minor Hotels first urban Anantara property in India.


The WTC is a joint venture between Aryan Realty and Merlin Group. The overall development, Eastern India's first World Trade Centre, spans 11 acres and includes Grade A office space and retail components. The total project cost is currently estimated at INR 2,400 crore.

The Anantara Kolkata Hotel is expected to open in 2032, with the hotel component estimated at INR 200 crore. A spokesperson from Minor Hotels confirmed that the company is operating the hotel under a management contract and does not hold equity in the project. The property will feature approximately 170 guest rooms and suites, two restaurants including a rooftop speciality restaurant, a ballroom, spa, gym and swimming pool.

William Heinecke, Founder and Chairman of Minor International, the parent company of Minor Hotels, said that signing Anantara Kolkata as the company's first urban Anantara in India represents a significant step in its expansion, demonstrating the brand's adaptability across both city and resort settings. Minor Hotels, founded in Thailand by American-born Heinecke, opened its first hotel in 1979 and launched the Anantara brand in 2001. The group now operates over 640 hotels, resorts and branded residences across 63 countries.

Sanjay Saraf, Co-Chairman of Aryan Realty, stated that the WTC Kolkata would serve as a landmark development, enhancing the city's profile as a regional business and cultural hub. Sushil Mohta, Chairman of Merlin Group, noted that the partnership is intended to redefine the intersection of business and hospitality in Eastern India.

The Anantara Kolkata agreement follows Minor Hotels recent entry into India with the opening of the Anantara Jewel Bagh Jaipur Hotel in 2025. The company aims to expand its Indian portfolio to 50 properties over the next decade, reflecting its long-term commitment to growth in the country.

Source - PTI

Have something to say? Post your comment