Wyndham Signs INR 75-Crore Deal with TDI Infratech to Develop 53-Key Ramada Hotel in Panipat
The proposed 53-key Ramada by Wyndham Panipat Connaught Estate, scheduled to open in Q2 2028, will form part of TDI Infratech’s flagship mixed-use development and strengthen branded hospitality offerings in one of North India’s fastest-growing regional markets.
By SOH Edit Team
TDI Infratech has entered into a strategic partnership with Wyndham Hotels & Resorts to launch Ramada by Wyndham Panipat Connaught Estate, further accelerating the growth of branded hospitality in India’s emerging Tier-II markets.
The proposed 53-key hotel will be developed within TDI Connaught Estate, the company’s flagship mixed-use development in Panipat. Backed by an investment of approximately INR 75 crore, the property is currently under development and is scheduled to open in the second quarter of 2028.
Rahool Macarius, Market Managing Director – Eurasia, Wyndham Hotels & Resorts.
Strengthening Hospitality Infrastructure
The signing underscores the growing momentum in India’s hospitality sector, where infrastructure development, industrial growth, and rising domestic travel are driving demand for internationally branded accommodation beyond metropolitan cities.
Strategically located within the National Capital Region (NCR) growth corridor, Panipat has emerged as a key commercial, industrial, and transit destination. The city’s expanding economic activity is creating increasing demand for quality hospitality offerings catering to business travellers, transit guests, and small meetings and events.
The hotel will be an integral component of TDI Connaught Estate, benefiting from close proximity to commercial developments, retail destinations, and major transportation links. The addition of an internationally recognised hospitality brand is expected to further enhance the positioning of the development as a comprehensive urban destination.
Akshay Taneja, Managing Director, TDI Infratech.
Leadership Perspective
Highlighting Wyndham’s regional growth strategy, Rahool Macarius, Market Managing Director – Eurasia, Wyndham Hotels & Resorts, said: "Panipat and the wider Tier-II and Tier-III markets across North India continue to present strong growth opportunities for Wyndham, driven by improving infrastructure, rising commercial activity, and increasing demand for quality branded hospitality. Ramada by Wyndham Panipat is strategically positioned to serve the evolving needs of both business and leisure travellers. This development reflects our continued focus on expanding across high-potential emerging cities and strengthening Wyndham’s presence across India’s fast-growing regional markets."
Commenting on the partnership, Akshay Taneja, Managing Director, TDI Infratech, said, "This planned investment reflects our long-term confidence in Panipat’s evolving economic landscape. At TDI, we are focused on creating developments that go beyond standalone real estate to become integrated urban destinations. The addition of Ramada by Wyndham strengthens the ecosystem at TDI Connaught Estate and aligns with our vision of delivering high-quality, future-ready infrastructure."
Beyond expanding the city’s hospitality inventory, the project is expected to generate local employment opportunities and stimulate economic activity. The development will contribute to the continued evolution of Panipat’s commercial and hospitality landscape while supporting the city’s emergence as a prominent destination within the NCR growth corridor.
