The Ascott Limited (Ascott), a wholly owned business unit of CapitaLand Investment Limited, is set to expand its India portfolio with the signing of Citadines Udupi, a premium serviced residence that will feature 104 keys in the scenic coastal town of Udupi, Karnataka. This becomes Ascott’s fourth property in Karnataka, reflecting its larger strategy of scaling up in India’s fast-growing lodging market.

Located strategically between Mangalore and Udupi, the property enjoys access to both tourism and industry. With Udupi’s Blue Flag-certified beach, strong industrial presence through Suzlon Hi-Tech SEZ and Padubidri Industrial Park, and connectivity via New Mangalore Port Trust, the town is fast becoming a hub for sustainable tourism and clean-tech industries.

Citadines Udupi will cater to both short- and long-stay guests, offering flexible modern living with apartments featuring kitchenettes, all-day dining, fitness facilities, and amenities designed for business and leisure travellers. True to the Citadines brand, the property will emphasise comfort, adaptability, and convenience.

Speaking on the signing, Mr. Hoshang Garivala, Country General Manager, The Ascott Limited, said, “India is a priority market for Ascott’s growth in Asia, and Karnataka remains one of our strongest regions. With its blend of natural beauty, cultural heritage, and rising industrial ecosystem, Udupi presents a unique opportunity. Citadines Udupi reflects our commitment to bringing world-class hospitality experiences to India’s emerging destinations, while strengthening our presence in the southern market.”

Adding to this, Mr. Sudharman Shetty, Director, SKS Sunshine, noted, “We are proud to partner with The Ascott Limited for our first project in India under the Citadines brand. Udupi is our home, and this collaboration allows us to combine our hospitality legacy with Ascott’s global expertise. Together, we aim to make Citadines Udupi a preferred choice for travellers seeking the warmth of coastal Karnataka along with modern comforts.”

With this project, Ascott further strengthens its presence across India, where it already operates and develops properties in Bengaluru, Chennai, Hyderabad, Pune, and Goa. Its Karnataka portfolio includes Oakwood Whitefield Bengaluru and upcoming projects in Bengaluru’s Electronic City.

The addition of Citadines Udupi highlights Ascott’s focus on coastal and industrial corridors while aligning with its commitment to sustainability and responsible hospitality. Udupi’s recognition as a Blue Flag-certified beach destination underscores this direction, supporting Karnataka’s tourism development vision.