ICRTC (Indian Railways Catering and Tourism Corporation Ltd.) a subsidiary of Indian Railways in its policy decision has decided to set up budget hotels in three cities of south India first will come up at the city of Mangalore. The series of hotels named ‘Railratna’ will offer budget accommodation where one executive suite can be hired for thousand rupees disclosed a railway source.

 

More than 100 places have already been chosen by ICRTC for the project. And out of these in 24 cities the organization has already started construction of the hotels. Tenders regarding the construction of the hotels in the places of Mangalore, Puducheri, Chennai, and Coimbatore have to be issued today.

 

Railratna to be constructed in 3,500 squire yards in Mangalore will offer budget accommodation to its customers. There is already asymmetrical misbalance between hotel accommodation and travelers. The ambitious project will certainly help to solve the issue of lack of hotel rooms in India. The hotel would have 60 to 70 suites. The project would cost over Rs. 10 crore.