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.

Oswal Group's Vardhman Amrante acquires 7-acre land in South City, Ludhiana for a premium mixed-use development featuring retail, hospitality, entertainment, and commercial spaces on Canal Road.

ITC Hotels expands its West Bengal portfolio to 12 with the debut of Mementos Siliguri, a 180-room luxury resort set within a tea estate near Bagdogra Airport.

Valor Estate, real estate restructuring, hospitality demerger, real estate investments, luxury residential projects, commercial real estate, hospitality expansion, real estate developer, Mumbai property market, capital allocation

Indian real estate developers have focused more on hotels due to the rising travel industry. Post-pandemic domestic travel is increasing demand for premium hotel infrastructure, especially in tier-2 and tier-3 cities.

City residents like owning and investing in a vacation property. However, the key issue remains: apartment or separate property? Ghar compares pros and cons to help you decide.

With the purchase of ZiP by Spree Hotels Orient on Great Nag Road in Nagpur, Spree Hospitality has extended its foothold in Maharashtra. Launching in July, the new hotel promises an unmatched experience.

Bangalore-based Prestige Estate Projects plans to treble its hotel portfolio with a ₹1700 crore investment in the next 3-4 years. Managing 1,849 keys across India, the business aims to create ₹1,800 crore in income, tripling current sales of ₹900 crore.

Sun Estates Developers expands into Goa's hotel market, investing ₹1000 crore in several projects. This strategy builds on their previous successes, like buying the Astor Hotel.

The Ascott Limited, Singapore's hospitality giant, launches Citadines Paras Square Gurugram in North India via a strategic partnership with Paras Buildtech. Ascott's first hotel in the dynamic area expands its Indian portfolio to 18 hotels in Bangalore, Hyderabad, Pune, Goa, and Chennai.

Vikram Oberoi, CEO and MD of EIH Limited, is leading the Oberoi Group in establishing 50 additional hotels by 2030 to expand its portfolio. The Skift India Summit announced this expansion to strengthen Oberoi and Trident brands in desirable locations. Oberoi explained his plan to integrate smaller,

Legendary hospitality brand Lemon Tree Hotels is expanding. With two additional hotels, the hotel chain will expand its offers and strengthen its position in the competitive hospitality sector.

Reliaable Developers and Oakwood Hotels, part of The Ascott Limited, are collaborating to build a unique resort on the busy HSR-Sarjapur Road-Electronic City corridor. This partnership demonstrates Reliaable Developers' dedication to provide luxury and unmatched experiences.

The Gujarat International Finance Tec-City Company (GIFTCL) is set to embark on a groundbreaking venture, introducing the first ultra-luxury hotel within the domestic tariff area (DTA) of GIFT City, Gandhinagar district.

Branded rental villas are leading the Indian hospitality industry's change. According to a professional analysis, this growing business was worth $329.6 million in 2023 and is expected to reach $1377 million by 2028, growing at over 33% annually.