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By Hariharan U
Published on January 5, 2026
Migsun Group has signed hospitality brand Clubhouse to develop and operate a 200-key hotel at its mixed-use project, Migsun Janpath, in Lucknow. The agreement has been structured as a long-term 28-year revenue share lease, marking a strategic addition to the company’s growing portfolio of income-generating assets.
The hotel forms part of Migsun Janpath’s planned development mix, which brings together retail, commercial, and lifestyle components. With Lucknow witnessing steady growth in organised hospitality and mixed-use developments, the upcoming property is expected to cater to business travellers, social gatherings, and leisure demand.
Commenting on the development, Yash Miglani, Managing Director of Migsun Group, said, “The signing of Clubhouse is aligned with our strategy of adding stabilised, income-generating assets to our mixed-use developments. Lucknow has been witnessing consistent demand across business, social, and leisure travel, which creates a strong quality case for well-located hotels. The 28-year revenue share structure ensures long-term alignment between developer and operator while allowing the asset to respond to market changes over time. We believe this addition will strengthen the overall project ecosystem and contribute meaningfully to the city’s evolving hospitality landscape.”
The addition of Clubhouse is expected to enhance Migsun Janpath’s positioning as a destination that seamlessly integrates retail, leisure, and stay experiences, adding a strong hospitality dimension to the overall project.
Migsun Group has delivered over 40 projects across the NCR region and is recognised for its focus on quality, innovation, and timely delivery. With a robust pipeline of upcoming developments, the Group continues to expand its presence while strengthening its position in India’s real estate and mixed-use development space.
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By Manu Vardhan Kannan
Published on September 17, 2026
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