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Prajay to set up 5-Star hotel

Prajay Engineers Syndicate Ltd on Thursday said that, it has received the necessary approvals from the authorities to set up a 5 Star hotel near Hyderabad. The company has further said that, it had already acquired the required land for the project. It plans to set up a 60 room 3-Star hotel which shall be subsequently upgraded to a 120 room 5-Star hotel. The project size would be to the tune of Rs100mn Rs180mn.