Chandigarh, Feb. 15 -- The Chandigarh Industrial and Tourism Development Corporation (CITCO) is all set to renovate its two flagship properties-Hotel Mountview in Sector 10 and Hotel Shivalikview in Sector 17-at an estimated cost of around Rs.5.5 crore, from April this year.

The agenda came up during the board of directors meeting held on Friday, under the chairmanship of Ajay Chagti.

The officials apprised the board the estimate for renovation has been sent to the technical team and work will begin in April and will be completed in 10 months.

This multi-pronged renovation initiative is aimed at boosting the corporation's revenue and addressing the increasing competition from the private hotel sector within Chandigarh and the tricity r...