Recent Acquisition of Properties by Panoramic Universal Limited

Navi Mumbai, India (PressExposure) January 14, 2013 -- Panoramic Universal Ltd. marching under the great leadership and guidance of Shri Sudhir Moravekar is pleased to announce the recent acquisition of four resorts at Bageshwar, Chail, Bhimtal and Corbett. This flagship company of Panoramic Group has included these four properties under the brand name United-21, further increasing the number of resorts holding this brand name.

This is the intelligent move of Shri Sudhir Moravekar the Chairman of Panoramic Group to spread wings of the Group at strategic locations in North India. The resort at Bageshwar previously known as 'Hari Darshan' is located in Bigul, just 32 km from Bageshwar city in the state of Uttarakhand. This is the central location for the pilgrims visiting Uttarakhand and is surrounded by explicit religious as well as adventure tourist places. Chail lies in the neighborhood of Ludhiana, Chandigarh and Haryana. The altitude of Chile is even more than Shimla with a huge around twenty four thousand hectares of land reserved for forestation. The Chail resort previously called 'Hotel Chail Crown' is located on Kandaghat - Chail - Kufri state highway offering splendid views of the surroundings. Bhimtal is a town in Nainital District of Uttarakhand State. It is just twenty two km from Nainital the most renowned Hill station of India. The newly acquired resort at Bhimtal was previously known as 'Breeze and Cloud Resorts' and is located at a distance of few km from Bhimtal town.

Along with these North Indian hill resorts, a resort at Corbett earlier known as 'The Wild Trail Resort' is also acquired considering the increasing demand of wild life destinations in India. The resort is located near Corbett National Park in Nainital District of Uttarakhand. The Park is popular for its Bengal tiger population. It can be reached from Phoolbagh in Pantnagar, the nearest Airport to Delhi. With acquisition of resort in Corbett the group has firmly entered and made its place in the popular Indian wildlife destinations arena. The brain behind these acquisitions Sudhir Moravekar is correctly targeting exotic locations for hotels and resorts. The correctness of his decisions can be easily visualized from the group's success in the recent past.

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Press Release Submitted On: March 15, 2013 at 5:37 am
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