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Leading real estate developer Migsun Group has partnered with hospitality brand Clubhouse to develop and operate a 200-key hotel at its mixed-use project, Migsun Janpath, in Lucknow. The partnership is structured as a 28-year long-term revenue-sharing lease.
The hotel forms part of Migsun Janpath’s planned mixed-use development, which combines retail, commercial, and lifestyle offerings. Once operational, the property is expected to serve business travellers, social gatherings, and leisure guests, as Lucknow witness’s steady growth in organised hospitality and mixed-use projects.
Yash Miglani, Managing Director, Migsun Group, said, “The signing of Clubhouse is aligned with our strategy of adding stabilised, income-generating assets to our mixed-use developments. Lucknow has been witnessing consistent demand across business, social, and leisure travel, which creates a strong quality case for well-located hotels.”
“The 28-year revenue share structure ensures long-term alignment between developer and operator while allowing the asset to respond to market changes over time. We believe this addition will strengthen the overall project ecosystem and contribute meaningfully to the city’s evolving hospitality landscape,” shared Miglani.
The addition of Clubhouse will bring a strong hospitality dimension to Migsun Janpath, enhancing its appeal as a destination that seamlessly integrates retail, leisure, and stay experiences.
Meanwhile, Migsun Group has delivered over 40 projects across the NCR region, earning a reputation for quality, innovation, and timely project completion. With a robust pipeline of upcoming developments, the Group continues to push boundaries and exceed customer expectations, solidifying its leadership in the real estate sector.
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