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Jammu and Kashmir Forms High-Level Committee for Centaur Hotel Transfer

A newly established panel will oversee the time-bound transfer of the iconic Dal Lake property to a private firm under a long-standing concession agreement.

Overview

  • The Jammu and Kashmir government has approved a high-level committee to manage the handover of Centaur Lake View Hotel to Lago Vue Srinagar Private Limited.
  • The Divisional Commissioner Kashmir will chair the committee, with key officials from multiple departments as members.
  • Specific tasks include land documentation by the Revenue Department, inventory management by Public Works, and artifact handling by the Culture Department.
  • Srinagar Municipal Corporation will address sewerage and access points, while SKICC will manage utility line segregation and open area demarcation.
  • The transfer aligns with a 99-year lease agreement established in 1984 between the state government and the Hotel Corporation of India.