HAI Welcomes Delinking of Hotels from Real Estate
The Hotel Association of India (HAI) welcomes the RBI Notification delinking hotels from the "high risk category" of real estate business. This is a positive development which would help make available to the hotel industry funds, on easier terms, needed for the infrastructural development of hotel accommodation.

The hotel industry hails the development as a step towards meeting the hospitality sector’s long-standing demand for grant of infrastructure status under Section 80 1A (4) of the Income Tax Act.

Priya Paul
Hotel Association of India