Migsun Group has signed hospitality brand Clubhouse to develop and operate a 200-key hotel at its mixed-use project, Migsun Janpath, in Lucknow. Under this agreement, the parties have structured the partnership as a 28-year long-term revenue share lease.
Through this addition, Migsun Group continues to integrate income-generating hospitality assets into its large-format developments. Meanwhile, Lucknow continues to witness consistent demand across corporate travel, social functions, and leisure tourism. Moreover, improving infrastructure and sustained urban expansion continue to support this demand.
Commenting on the signing, 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 hotel forms a key part of the planned development mix at Migsun Janpath. Additionally, the project combines retail, commercial, and lifestyle components within a single integrated destination. Consequently, the upcoming hotel will cater to business travellers, social events, and leisure demand, in line with Lucknow’s steady growth in organised hospitality and mixed-use real estate developments.
