Ahmedabad, Oct 26 (IANS) The Rs.1,500-crore engineering major Elecon group Monday made its foray into the hospitality sector with the launch of its resort, Madhubhan Resorts and Spa, in Charotar of Gujarat’s Anand district.
The 81-room property, located between Ahmedabad and Anand, possesses all facilities that go with a five-star deluxe resort, the company said.

“The property comes equipped with an array of amenities such as a spa, swimming pools, restaurants, shopping arcade, kids zone, amphi-theatre,” said Prayasvin Patel, chairman and managing director of the Elecon Group.

He added that the company would invest Rs.375 crore during the second phase development of the project.

“These would include a sports club, a golf course and service apartments,” he added.