Guwahati gets a ₹1,600-crore retail-and-hospitality vote of confidence

Nexus Select Trust is entering Northeast India through a ₹1,600-crore acquisition involving the upcoming Galaxy Complex in Guwahati.

The project includes a 0.5-million-sq-ft Grade-A mall and a 164-key Hyatt Regency hotel. Guwahati has a population exceeding two million, while the wider Northeast catchment is estimated at more than 50 million people. Guwahati accounts for approximately 45% of Assam’s GSDP, according to the report.

B2B takeaway: This is a strong signal for Northeast tourism infrastructure. Better retail, branded hotels and business infrastructure can support MICE, premium leisure, weddings and international gateway traffic.