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    <title>IHCL to invest Rs 2.5K cr for new property in Mumbai</title>
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    <description>The company acquired and demolished a former hotel site and proposes a large new hospitality complex; most planning consents are in place but a few minor approvals remain, including a construction commencement permit and additional height/clearance consents. The project contemplates a 330-room hotel with service apartments, possible later adjustments to room mix after final permissions, and will interact with adjacent property and urban-planning infrastructure.</description>
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