TDI Infratech Partners With Sarovar Hotels to Launch Sarovar Portico at TDI Smart City in Mohali
Mohali, October 21, 2026: TDI Infratech has signed an agreement with Sarovar Hotels to bring Sarovar Portico to Crescent, its upcoming commercial and hospitality development located at TDI Smart City in Mohali, according to a press release. The signing ceremony was attended by Ajay K. Bakaya, Chairman, Sarovar Hotels, and Akshay Taneja, Managing Director, TDI Infratech.
The proposed hotel will feature 72 keys and is expected to open in 2029. It will form an integral part of Crescent, a G+8-floor development spanning approximately 140,000 square feet of built-up area and comprising 100 units. The property is designed to serve both business and leisure travelers across Mohali and the Chandigarh Tricity area, with planned amenities including a spa, gym, swimming pool, all-day dining outlet, and banqueting services.
Commenting on the development, Akshay Taneja said, “Crescent reflects our vision of creating integrated destinations where commercial infrastructure and branded hospitality complement each other to deliver long-term value. Our partnership with Sarovar Hotels is an important step in advancing this approach, strengthening the project’s proposition while responding to the evolving needs of businesses and travellers. As Mohali continues to develop as a commercial and urban centre, we see an opportunity to create destinations that contribute meaningfully to the region’s growth.”
Highlighting the strategic expansion, Rajesh Ranjan, Sr. VP – Development, Sarovar Hotels, said, “Our partnership with TDI Infratech at Crescent reflects our focus on expanding our presence in markets where business activity and urban development are creating opportunities for quality hospitality. Mohali’s position within the Chandigarh Tricity region offers an opportunity to serve a diverse mix of corporate and leisure travellers. We look forward to bringing the Sarovar Hotels’ experience to the market through this development.”
