Mohali,Oct 21: TDI Infratech has signed an agreement with Sarovar Hotels to bring Sarovar Portico to Crescent, its upcoming commercial and hospitality development at TDI Smart City, Mohali. The signing ceremony was attended by Mr. Ajay K. Bakaya, Chairman, Sarovar Hotels and Mr. Akshay Taneja, Managing Director, TDI Infratech. The signing marks a significant milestone for the project, strengthening its hospitality offering and reflecting TDI Infratech’s strategy of integrating established hospitality brands into its real estate developments.

The proposed hotel and will comprise 72 keys, with an expected opening in 2029. It will form part of Crescent, a G+8-floor development spanning approximately 140,000 sq. ft. of built-up area and comprising 100 units.

The proposed Sarovar Portico will bring branded hospitality to TDI Smart City, serving business and leisure travellers across Mohali and the Chandigarh Tricity. Planned amenities include Spa, Gym, Pool, All Day Dining outlet and banqueting services. Integrated within Crescent, the hotel will complement its commercial offering while addressing the accommodation and service needs of businesses and visitors. The partnership combines TDI Infratech’s real estate development expertise with Sarovar Hotels’ hospitality brand and operational capabilities. It adds a dedicated hospitality component to Crescent, strengthening its proposition as an integrated commercial destination with accommodation and guest services.

Akshay Taneja, Managing Director, TDI Infratech said,

“Crescent reflects our vision of creating integrated destinations where commercial infrastructure and branded hospitality complement each other to deliver long-term value. Our partnership with Sarovar Hotels is an important step in advancing this approach, strengthening the project’s proposition while responding to the evolving needs of businesses and travellers. As Mohali continues to develop as a commercial and urban centre, we see an opportunity to create destinations that contribute meaningfully to the region’s growth.”

Rajesh Ranjan, Sr. VP – Development, Sarovar Hotels said,

“Our partnership with TDI Infratech at Crescent reflects our focus on expanding our presence in markets where business activity and urban development are creating opportunities for quality hospitality. Mohali’s position within the Chandigarh Tricity region offers an opportunity to serve a diverse mix of corporate and leisure travellers. We look forward to bringing the Sarovar Hotels’ experience to the market through this development.”

Mohali’s growing role within the Chandigarh Tricity, supported by expanding commercial, residential and institutional activity, creates a compelling context for hospitality investment. Crescent reflects TDI Infratech’s vision of an integrated destination where commercial real estate is complemented by hospitality and the signing of Sarovar Portico marks a step towards this vision.