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The Kashmir valley located in the heart of the Himalayas is famous across the world for its snow-capped peaks pristine lakes and lush meadows. Though the region has been plagued by terrorism for more than four decades which has hampered economic growth Jammu and Kashmir has its fair share of wealthy individuals including Mushtaq Ahmed Chaya a hotelier often dubbed the Mukesh Ambani of Kashmir. Who is Mushtaq Ahmed Chaya? A renowned figure in hospitality business in Kashmir and beyond Mushtaq Ahmed Chaya is the CMD & Founder of Mushtaq Group of Hotels / Grand Mumtaz Hotels Group that owns 14 high-end luxury hotels across India including six hotels which operate under the Radisson brand. Fondly known as Chaya Sahab within the fraternity Mushtaq Chaya is often credited with transforming and revolutionizing the hospitality sector in Jammu and Kashmir and opened the first-ever Radisson Collection Hotel in India-- the Radisson Collection Hotel & Spa Riverfront in Srinagar. The luxurious hotel stands as a symbol of unparalleled opulence in the heart of Srinagar city boasting 212 palatial rooms and the largest banquet facilities in Jammu and Kashmir. What is Mushtaq Ahmed Chayas net worth? While there are no public available details about Mushtaq Chayas wealth several reports say that the veteran hotelier is one of the wealthiest individuals in Kashmir which has earned him the moniker Mukesh Ambani of Kashmir. According to various reports Mushtaq Chaya has a net worth pegged at over Rs 80 crore making him one of the richest persons in Jammu and Kashmir. Mushtaq Chaya the former president of the PHDCCI currently serves as the Chairman of the J&K Hotelier Club.