Kailali: A four-star luxury resort is set to be constructed in Kailali district of Sudurpaschim Province with an estimated investment of Rs 824 million.
The project will be undertaken by Afnai Ghar Temple Resort Pvt. Ltd., a hospitality company established with the aim of developing high-end tourism infrastructure in the far-western region of Nepal.
The company was initially registered in 2012 with plans to build a four-star hotel featuring 95 rooms. To finance the project, the company plans to secure Rs 550 million in long-term loans and invest Rs 275 million through equity.
So far, the investors have already arranged approximately Rs 130 million, which is about 47 percent of the equity commitment.
Initially, the total estimated investment for the resort was Rs 740 million. However, due to increased construction and material costs, the figure has now risen to Rs 824 million, according to company officials.
To proceed with the financing, the company has sought credit ratings for both long-term and short-term loans. Specifically, it has applied for a rating of Rs 550 million in long-term loans and Rs 10 million in short-term loans.
Currently, the company operates a moderately scaled restaurant and café. The upcoming resort will be an expansion of this existing business, upgraded to include state-of-the-art amenities and services. Planned features of the resort include premium accommodations, healthy dining, a banquet hall, a business center, swimming pool, spa, gym, and upscale restaurants.
According to company documents, the resort will be built with luxurious decor, ample space, queen- and king-sized beds, premium bedding, and high-end bath amenities. Additional offerings will include a casino, spa, health club, and other wellness facilities.
The company aims to bring the resort into full operation by 2028.
Afnai Ghar Temple Resort Pvt. Ltd. was founded by the late Khadga Bahadur Thapa.
The board of directors consists of three members. Rekha Rathour Thapa currently serves as chairperson, with Kuldeep Dhoj Thapa as the Chief Executive Officer and Managing Director, and Kritesh Dhoj Thapa as the director.
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