New Delhi, 23 June 2025: In a landmark move set to redefine the contours of urban business hospitality, Saya Group has entered into a strategic agreement with Carnation Hotels Pvt. Ltd., a subsidiary of Lemon Tree Hotels, one of India’s premier hospitality chains.
As part of this collaboration, Lemon Tree Hotels will operate and manage 336 fully-serviced BIZTOP Business Class Suites at Saya SouthX, a flagship mixed-use development in Greater Noida West.
The commencement of this partnership aimed at delivering premium business accommodation solutions designed to serve the evolving needs of professionals, entrepreneurs, and corporate travelers in the region.
Located on the 7th to 25th floors of Saya SouthX, each BIZTOP suite averages 668 sq. ft., offering a smart mix of modern design, amenities, and professional service. The suites will be seamlessly managed by Lemon Tree Hotels under the BIZTOP brand, ensuring top-notch hospitality standards and operational finesse.
Mr. Vikas Bhasin, MD of Saya Group, said, “This collaboration with Lemon Tree Hotels aligns perfectly with our vision of integrating business efficiency with comfort. With BIZTOP at Saya SouthX, we are not just building spaces; we are creating business destinations.”
Mr. Vilas Pawar, CEO of Carnation Hotels Pvt. Ltd., added, “We are delighted to partner with Saya Group for BIZTOP. The synergy between our hospitality experience and Saya’s high-quality infrastructure will deliver a truly premium business accommodation solution in Greater Noida West.”
Saya SouthX is a vibrant commercial landmark spread over 3 acres with a total built-up area of approximately 6.8 lakh sq. ft. It offers a dynamic mix of retail outlets, fine dining, food courts, multiplex, gym, infinity pool, banquets, and the newly launched business suites.
The project is expected to attract over 50,000 daily footfalls, catering to more than 5 lakh residents in the surrounding catchment.
With this venture, Saya Group solidifies its position in the luxury commercial real estate segment. The Group has already delivered 5.37 million sq. ft. of residential space and is currently nearing possession of 2.37 million sq. ft. of commercial projects, reinforcing its legacy of delivering excellence, innovation, and timely completion.
About Saya Group:
Saya Group, established 25 years ago, is a trailblazer in the real estate industry with a strong presence in the Delhi NCR region. Known for pioneering luxury residential and commercial developments, Saya Group began with the development of low-rise floors and luxury villas, and soon expanded into high-rise luxury homes and commercial projects.
Saya Group a portfolio of over 5.37 million sq. ft. of luxurious residential spaces and innovative commercial projects. This includes 2.37 million sq. ft. of high-street retail malls in Noida and Greater Noida West. Our diverse range of developments underscores our commitment to meeting the evolving needs of our customers and stakeholders.
About Lemon Tree Hotels:
Lemon Tree Hotels Limited (LTHL) is one of the largest hotel chains in India, and owns/leases/operates/franchises hotels across the upscale, upper-midscale, midscale and economy segments. LTHL delivers differentiated yet superior service offerings, with a compelling value proposition. The group offers seven brands to meet guests’ needs across all levels, viz. Aurika Hotels & Resorts, Lemon Tree Premier, Lemon Tree Hotels, Red Fox Hotels by Lemon Tree Hotels, Keys Prima by Lemon Tree Hotels, Keys Select by Lemon Tree Hotels and Keys Lite by Lemon Tree Hotels.
LTHL opened its first hotel with 49 rooms in May 2004. Today, the company has a portfolio of 160+ hotels, which includes over 100+ operational hotels and more than 60 hotels set to open in India and internationally. Lemon Tree Hotels are located across metro regions, including the NCR, Mumbai, Kolkata, Bengaluru, Hyderabad and Chennai, as well as numerous tier I, II and III cities such as Pune, Ahmedabad, Chandigarh, Jaipur, Indore, Aurangabad, Udaipur, Vishakhapatnam, Kochi, Ludhiana, Thiruvananthapuram, Vijayawada etc. The company expanded internationally with hotels opening in Dubai in December 2019 and in Bhutan in February 2020. New hotels are also set to open internationally in Bhutan and Nepal.
