EIH Limited, the flagship company of The Oberoi Group, has approved the construction of a five-star deluxe hotel named Trident, Shamshabad Airport, Hyderabad. The company’s board took the decision and informed the BSE and NSE through regulatory filings under the SEBI LODR rules.
The hotel will come up on an 8.89-acre site that the company already owns. The land is located near Rajiv Gandhi International Airport at Shamshabad. The estimated investment is ₹777 crore, which will be funded through a mix of internal accruals and debt.
The project is expected to become operational by September 2030. It will serve both domestic and international travellers. The company has framed it as part of its portfolio expansion in the domestic tourism sector.
EIH operates the Oberoi and Trident brands. It already runs a Trident hotel in Hyderabad’s HITEC City. The same board meeting also reviewed the results for the second quarter of FY27. Consolidated net profit rose about 21% year-on-year to ₹141.46 crore, compared with ₹116.56 crore a year earlier. Revenue from operations grew roughly 16% to ₹694.19 crore, up from ₹597.94 crore.
The Shamshabad airport corridor is drawing more hospitality investment. Reports point to other five-star projects in the area, including land allotments and an IHG Crowne Plaza planned with about 250 keys and a target of Q1 2031. The growth is linked to rising passenger traffic, which stood at around 31 million in 2025, and to commercial and industrial development nearby.
In a separate disclosure, a subsidiary of EIH received alternate land from the Andhra Pradesh government for a proposed Trident project in Tirupati. The revised project estimate is ₹344 crore, and the target completion date is March 2030.
