National airports operator AAI has served a notice to Sahara Hospitality Ltd (SHL), which runs the luxury Sahara Star hotel near the Mumbai airport, asking it to clear the outstanding rental dues by mid- December, an official said Friday.
The AAI has also cancelled its lease agreement with SHL and threatened to take possession of the property if the company fails to pay the dues by December 14, he said.
Sahara Hospitality officials could not be contacted immediately for comment on the issue.
The notice to SHL was issued Friday by the western region office of the AAI, the official said, adding the dues run into crores.
The AAI's lease agreement with SHL is in force since 2002, he said.
The five-star hotel has 345 rooms, including 25 deluxe suites.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app