INDEVA Hotels and Resorts is building a stronger presence in Delhi NCR with a new addition, strengthening its portfolio through a strategic brand expansion
INDEVA Hotels & Resorts, a unit of India Expo Mart Limited, has announced the signing of a management agreement with Royal Estcon Pvt. Ltd. to operate a new property under its growing brand, The Mor Stays

The partnership marks a significant addition to INDEVA’s expanding presence in the smart and affordable hotel category across Delhi NCR.
The signing ceremony was attended by Dr Rakesh Kumar, Chairman of India Expo Mart Limited, Mukesh Kumar Gupta, Director of India Expo Mart Limited, Barun Gupta, Chief Operating Officer of INDEVA Hotels & Resorts, and Shubham Nagar, Director of Royal Estcon Pvt. Ltd.
The agreement reflects a shared commitment to meeting the rising demand for reliable and well-appointed accommodation in the budget and mid-scale segments. The new hotel has been planned to serve both business and leisure travellers visiting the region.
The upcoming property will offer thirty contemporary rooms along with a multi-cuisine restaurant and a banquet space. The facilities have been designed to provide comfort, convenience and value for guests seeking an efficient and welcoming stay experience.
The Mor Stays brand focuses on modern design, intuitive service and dependable hospitality. It has been created to appeal to today’s traveller who prioritises quality and affordability without compromising comfort.

Leaders from both organisations expressed their enthusiasm for the partnership and reaffirmed their shared values of quality, innovation and guest satisfaction. They noted that this collaboration represents an important milestone in strengthening the presence of The Mor Stays in Delhi NCR.
With this signing, INDEVA Hotels & Resorts continues to advance its long-term vision of building a strong nationwide network that spans luxury to budget-friendly hotels.
The company aims to deliver consistent service standards and trusted hospitality across key destinations in India and selected international markets.
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