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London, Jan. 29 (PTI): Billionaire Indian entrepreneur and owner of London’s prestigious Grosvenor House hotel Subrata Roy has made a bid for the Marriott hotels in the city, being sold by Royal Bank of Scotland for about £750 million (Rs 5,808 crore), according to media reports.

According to a report in The Sunday Times, the 42 four-and five-star properties have attracted interest from a range of buyers.

Roy’s Sahara Group, which acquired the Grosvenor House a year ago for £470 million (Rs 3,275 crore), is vying with the Abu Dhabi Investment Authority and another Indian investor, Blue Post Group, among others.

Jones Lang La Salle, the property agent, and Hawkpoint, a corporate finance firm, are handling the sale, the report said.

RBS took control of the properties after the failure of talks to restructure loans it extended to the previous owner, a consortium that included Quinlan Private, the Irish real estate fund, and Delek, an Israeli property investor.

Sahara Group, the Lucknow-based financial services-to-real estate conglomerate acquired the iconic Grosvenor House hotel from the Royal Bank of Scotland.

The luxury property, comprising 420 rooms, 74 suites and 31 meeting rooms, is located in the upscale Park Lane in London and is previously managed by Marriott International. It was once home to the Duke of Westminster.

Grosvenor House has been frequented by royalty, celebrities and business leaders since its opening in 1929. It was built in the 18th century and became the Duke’s London home in 1806.