Chennai-based Krishna Group, a leading player in the real estate sector, has announced its debut in the hospitality sector with the launch of Four Points by Sheraton Chennai Velachery in collaboration with Marriott International. The new business hotel is set to open next week in the bustling Velachery neighbourhood, located near the City’s IT corridor.

“Hospitality has always been on our radar,” said E Krishna Reddy, Founder & Managing Director of Krishna Group. “We wanted to explore a domain that complements our expertise in construction while offering new avenues for growth.”

Located just 10 km from Chennai International Airport, the hotel, designed in a select-service format optimised for business travellers, features an all-day dining restaurant offering a mix of authentic South Indian dishes and global cuisine, alongside a chic bar expected to open in three months upon receiving its liquor licence.

The property also boasts a grand banquet hall with a capacity of 250 guests, smaller meeting rooms for corporate events, and other amenities such as spacious rooms, a gym, a swimming pool, and a coffee shop.

Debt-free project

The ₹150-crore greenfield project is self-financed, making it debt free. “This debt-free status ensures the financial stability needed to focus on long-term growth,” said E Aswath Reddy, Director, Krishna Group.

As part of its launch, the hotel is offering an introductory tariff of ₹7,249 plus taxes, inclusive of breakfast. Marriott Bonvoy members will also enjoy 1,500 bonus points and exclusive discounts on food and laundry services.

“Our emphasis is on meeting the evolving expectations of both domestic and international business travellers. This property is perfectly tailored to cater to the needs of business travellers with shorter stays,” said Sujith Chandrasekharan, Hotel Manager.

Krishna Group has ambitious plans for further expansion in the hospitality sector, with discussions underway for new projects in Chennai and other locations. These initiatives will focus on mid-luxury and luxury segments.

Founded in 1983, Krishna Group has developed over 2.5 million square feet of residential space. The company has also expanded into renewable energy, with wind and solar power projects aimed at both captive consumption and promoting environmental sustainability.