Suba Group strengthens Bengaluru presence with seventh hotel property amid rising demand. Strategic expansion includes new properties in Gangtok and Hyderabad, boosting mid-market hospitality sector.

IHG announces Holiday Inn Express & Suites Pithampur opening in Q1 2028. 150-room hotel targets India's growing industrial regions with modern amenities and business facilities.

Brookfield-backed Schloss Bangalore secures ₹1,302 crore MMRDA plot in BKC for 250-room luxury hotel. The Leela brand expands with mixed-use development in Mumbai's premier business district.

In a collaborative development deal, Dubai-based Atmosphere Living will invest ₹550 crore to establish a premium hotel and villas in Mussoorie. This project is the first of several holiday house projects planned for prominent Indian and international sites.

L&T Realty and Valour Estate, formerly DB Realty, have partnered to create a ₹20,000-crore project on a 10-acre land block in Mumbai's Bandra Kurla Complex (BKC). The project will contain luxury apartments, commercial areas, and a 1,000-key five-star hotel near the Bombay High Court complex.

The Yamuna Expressway Industrial Development Authority (YEIDA) has formalized a concession agreement with Bayview Bhutani Film City, a special purpose vehicle (SPV), to develop an expansive film city in Noida. This major initiative aims to bolster the film industry in Uttar Pradesh.

The bankruptcy court allowed Macrotech Developers to buy V Hotels Ltd., which owns the Tulip Star Hotel, formerly the Centaur Hotel. The property in Mumbai's upmarket Juhu neighbourhood will be bought by Lodha Group business Macrotech Developers for Rs 890 crore.

Indian

In 2026, the Tata Group will build two Taj resorts on Lakshadweep's Suheli and Kadmat islands. This development has garnered notice after Prime Minister Narendra Modi's visit and the Maldives conversation.

Max Ventures & Industries (MaxVIL), one of the three holding companies comprising the $4 billion Max Group, has announced that Max Estates would purchase 100 percent of Accord Hotels and Resorts' shares for Rs 306 crore.

Private fairness agency Blackstone Group has entered into a settlement with Delhi-based developer TARC Ltd to amass land parcels unfold over 36 acres in Delhi for ₹295 crores.