Leading realty player, Migsun Group, has signed Clubhouse, a hospitality brand, to develop and operate a 200-key hotel at its mixed-use project Migsun Janpath in Lucknow. The agreement has been structured as a 28-year-long-term revenue share lease.
The addition of the hotel is part of Migsun Janpath’s planned development mix, which integrates retail, commercial, and lifestyle components. The upcoming hotel is expected to cater to business travellers, social events, and leisure demand, as Lucknow continues to see steady growth in organised hospitality and mixed-use developments.
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.”
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.
