A few months back we reported that Superstar Mahesh Babu’s wife Namrata is venturing into the Hotel business. Reportedly, Namrata is investing in a joint food venture in association with Asian Cinemas owned by Sunil Narang.
Reportedly, Asian Cinemas and Namrata locked a deal to launch two Hotels in Hyderabad. We had even revealed that one of the two Hotels will be inaugurated in November, and the other one will be ready in the first half of 2023.
As we reported, the first hotel in the association of Namrata and Sunil Narang is inaugurated a few months back. Named as AN Restaurant brand, the hotel is a combination of 111 Minerva Coffee Shop and Palace Heights. Now, the latest news is that the second hotel in the partnership of Namrata and Sunil Narang is launched on February 22nd. NamrataShirodkar and Suniel Narang’s team inaugurate their new fine dining and multi-cuisine restaurant, AN Palace Heights with the tagline Hyderabad’s royal culinary experience at Banjara Hills.
On the other hand, it is widely known that Tollywood Superstar Mahesh Babu is into the theater business. He is associated with reputed distribution and production house Asian Cinemas and launched a multiplex named AMB Cinemas at Gachibowli, Hyderabad. The star couple also has a few family businesses in Pune and Mumbai, say sources.