Commenting on the signing, Suma Venkatesh, Executive Vice President – Real Estate & Development, IHCL, said, “The signing of this hotel is in line with IHCL’s vision of strengthening our presence in key markets across India. Nashik has always been an integral part of India’s religious tourism circuit and has evolved to become an important industrial centre. With this hotel, IHCL will have hotels across three of its brands in the city. We are delighted to partner with Deepak Builders and Developers for this project.”