Delhi-based Assotech Realty commits ₹200 crore capital outlay to launch a 160-suite all-suite hotel in the temple town of Shirdi. The venture, managed by Atmosphere Core, targets the evolving spiritual and leisure travel segment, reflecting organized growth in pilgrimage destinations.

Assotech Realty projects revenue scaling to ₹400 crore by FY27, capitalizing on hospitality expansion alongside Atmosphere Core, which aims for $400 million by 2030. The partnership targets organized tourism hubs, beginning with a major all-suite property in Shirdi, signaling a strategic shift toward operational asset income.