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HYDERABAD: Prajay Engineers Syndicate Ltd has announced that it has received the necessary approvals from the authorities to set up a 5-star hotel near Hyderabad.

The company said it had already acquired the required land for the project. In a communiqué to stock exchanges, the company said it plans to set up a 60-room 3-star hotel, which would be subsequently upgraded to a 120-room 5-star hotel.

(This article was published in the Business Line print edition dated May 13, 2005)
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