( BSTDCL has inked a MoU with Taj Hotels to operate a 5-star hotel on the land of Bankipur Bus Stand, agreement has been signed under the PPP model)
- Agreement signed for Operations of a 5 Star Hotel property in presence of Bihar Tourism Minister Arun Shankar Prasad
- Phase 1:Construction of 350 rooms
- Phase 2:Construction of 150 rooms
- The selected agency will complete the first phase within 4 years, and the Taj Five-Star Hotel is expected to begin operations by January 2030.
BY DEBAJYOTI CHAKRABORTY
PATNA | 5 MARCH 2026
Taking a historic step in strengthening the tourism and hospitality sector in the state, today, in the presence of Bihar Tourism Minister Mr. Arun Shankar Prasad, the Tourism Department / Bihar State Tourism Development Corporation Limited (BSTDCL) signed an agreement with Sarga Hotels Pvt. Ltd. for the operation of a 5-star luxury Taj Hotel on the land of Bankipur Bus Stand. The agreement has been executed under the Public-Private Partnership (PPP) model.
On this occasion, the Bihar Tourism Minister stated in his address that the people of the state have high expectations that tourists and business visitors should not face any difficulty in getting quality accommodation. A city like Patna has a strong need for five-star hotels. Keeping this in mind, the government is planning to construct three five-star hotels in the capital.
Construction of one five-star hotel has already begun in Patna. The agreement for the second one has been signed today and the formalities have now been completed. The Taj Hotel project should be completed within the stipulated time frame. The process for the third five-star hotel is also underway.
He further added that several facilities are being developed near tourist destinations in the state and new tourism circuits are being created. Just as a large number of tourists visit Bodh Gaya and Rajgir, in the coming days tourists will also visit Sitamarhi to see the Janaki Temple.
Indian Hotels Company (IHCL), India’s largest hospitality company, also today announced the signing of this greenfield Taj hotel project in Patna, Bihar.
Mr. Puneet Chhatwal, Managing Director & Chief Executive Officer, IHCL, said, “Patna is emerging as one of the fastest‑growing urban centers in India, supported by improved connectivity and infrastructure development. The city presents significant potential for celebrations, large conventions and business travel, making it a key destination. The signing of this new Taj hotel strengthens our presence in Bihar and reflects our commitment to the region’s growth story. We are pleased to further our partnership with Patliputra Palace Pvt. Ltd. with this project.”
The 500‑key Taj Patna, located opposite the iconic Gandhi Maidan, enjoys a prime position with the River Ganges flowing to the north of the site. Guests can enjoy dining at the all‑day dining restaurant, two speciality restaurants and lobby lounge. The hotel offers a temperature‑controlled swimming pool, fitness centre, recreational facilities, salon and Taj’s signature J Wellness Circle spa. The hotel’s features expansive banqueting facilities including a 16,000 sq.ft. ballroom, complemented by multiple meeting spaces, making it ideal for large conferences and social gatherings.
Mr. Nityanand Sonthalia, Director, Patliputra Palace Pvt. Ltd., said, “We are happy to strengthen our partnership with IHCL and look forward to the development of this hotel under the World’s Strongest Brand – Taj, signaling that Bihar is ready for world-class infrastructure, large-scale private participation and premium developments”
Patna, one of India’s oldest cities, serves as a gateway to Bihar’s historic and cultural attractions. The city is home to landmarks such as Gandhi Maidan, Bapu Sabhagar and the iconic Gol Ghar.
The Managing Director of Bihar State Tourism Development Corporation Limited, Mr. Nandkishore, informed that after the Transport Department of Bihar transferred the Bankipur Bus Stand land to the Tourism Department / BSTDCL, the state government decided to develop a five-star hotel with modern tourist facilities on the site. The project will be executed according to the provisions mentioned in the Infrastructure Development Enabling Amendment Act, 2023.
On this occasion, Mr. Rajesh Roshan (Joint Director, Tourism Directorate), Mr. Chandan Chauhan (General Manager, BSTDCL), along with other departmental officials and staff members were present.
With the addition of this hotel, IHCL will have 7 hotels in Bihar, including 4 under development.
About the owning company:
Patliputra Palace Pvt. Ltd. (PPPL) is a part of the Shriram Ozone Group, a diversified business conglomerate led by Directors Mr. Pradeep Kumar Sonthalia and Mr. Nityanand Sonthalia.
With a distinguished legacy spanning over 30 years, the Group has established a strong reputation for developing high-quality retail, mall, and hospitality assets. In addition to its real estate ventures, Shriram Ozone Group has diversified interests in jewellery, logistics, and distribution businesses.
The Group maintains a significant presence across Jharkhand, West Bengal, Odisha, and Bihar, reflecting its commitment to regional growth and long-term value creation
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