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In 1943 a small beginning was made in cloth business by the father of the present management. Of what is Kurtarkar Group now. In 1983 construction activity was started and within the short span of 21 years Kurtarkar Group branched out into several companies/ firms dealing in Real Estate, cement , furniture, hardware and sanitary wares. manufacturing of Aluminium/ wood products such as door/window frames and shutters, revolving doors, showcases etc. In the year 2001 a new addition was made to Kurtarkar Group bouquet by starting hospitality business.

“SWAD” the pure vegetarian restaurant was the first of this kind and is running fine at the centre of Margao city, 02 minute walk from hotel panchsheel. In 2005 December the second venture “HOTEL PANCHSHEEL” opened for its valuable customers. In 2008 may “PANCHALI” multi cousin family restaurant with bar was started along with lodging and is running full fledged satisfying the needs of tourists and businessmen who visits Goa. We promise excellent service, cleanliness and security to our guests and the staff and management of the hotel is keen to keep the word.


Hotel Pachsheel, two star category hotel situated near old railway station and Bata showroom, is just 01kms from Margao railway station.Kadamba bus stand is 02km From the hotel.The famous beeches of goa are within 70km circle from the hotel.When you think about a business trip or a holiday hideout in the nature blessed Goa, Hotel Panchsheel always welcomes you.
Accomodation: clean and neat 33nos.of A/C nonA/C double rooms with room service,telephone,hot and cold water ,cableTV.and laundry service.
Dinnig: Panchsheel got a multi cuisine airconditioned restaurant with Bar “PANCHALI” with 85 covers. We offer different types of tasty foods other than Authentic Goan food.
Pure veg. reasturant SWAD is located at a stone throw away from our hotel.
Hall: can accommodate 50 to 60 people, for conference, dinner parties and training Programmes.