BCM Group Expands Luxury Hotel Portfolio with Acquisition of The Golden Palms Resorts and Spa in Bengaluru

BCM Group Expands Luxury Hotel Portfolio with Acquisition of The Golden Palms Resorts and Spa in Bengaluru

By Nishang Narayan

Published on August 5, 2024

BCM Group, a leading Indian conglomerate with over 70 years of diversified business experience, proudly announces the acquisition of Bengaluru’s 5-star hotel, The Golden Palms Resorts and Spa. With a 100% asset acquisition from World Resorts Limited (WRL), BCM Group now holds full ownership of the luxury hotel and plans to transform it into a premier wedding destination and MICE (Meetings, Incentives, Conferences, and Exhibitions) facility in India.

This acquisition aligns perfectly with BCM Group’s strategic plans to expand into the luxury hospitality segment in India. The group’s existing luxury hospitality portfolio includes 5-star properties such as the Sheraton Grand Palace in Indore and Le Meridien in Surat, with a handover underway. Additionally, an upcoming 450+ key Taj Hotel in Indore further underscores their commitment to luxury hospitality. While the financial details of the transaction remain undisclosed, the strategic value is evident.

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The Golden Palms Resorts and Spa is celebrated for its exquisite Moorish-Spanish cottage-style architecture. The resort features 150 luxurious rooms, a world-class spa, specialty restaurants with an exclusive vegetarian kitchen, a large swimming pool, a business center, expansive conference halls, and diverse recreational facilities. BCM Group aims to revamp The Golden Palms Resorts and Spa into a Luxury Urban Resort with amenities that meet global standards. Plans include upgrading the existing facilities and services, enhancing the design to revive its former glory, and adding over 50 new rooms. The existing management team, along with new members, will undergo extensive training and development programs to elevate the property’s service.

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"We are excited about the future prospect of The Golden Palms. By upgrading the property to meet international standards and enhancing its offerings, it’s our humble attempt to deliver a Luxury Urban Resort, benchmarked as one of the finest wedding destinations and MICE facilities for the country. The resort’s world-class amenities and strategic location in Bengaluru will cater to the growing demand for high-quality MICE venues, contributing to India’s goal of becoming a global economic powerhouse through enhanced business and market engagement. We are in the process of collaborating with some of the world’s top hospitality operators to achieve this goal. We look forward to welcoming guests from around the globe to experience the refreshed and revitalized Golden Palms, which we believe will become a beacon of hospitality and a cornerstone of our legacy." — Rajesh Mehta, Managing Director, BCM Group

With a legacy of over 70 years, BCM Group has established a robust, diverse real estate presence spanning sectors such as hospitality, education, healthcare, and manufacturing. Focused on enhancing its footprint in South India, particularly in Bengaluru, the conglomerate’s future plans include developing grade-A office and retail spaces, luxury residences, luxury hospitality properties, and advanced healthcare and educational facilities in the city. The group has 5+ completed and ongoing projects in Bengaluru, with several upcoming launches over the next 12 months.

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About BCM Group

Established over 70 years ago by visionary founders Shri Badalchand Mehta and Shri Jugraj Mehta, BCM Group is a premier Indian conglomerate with diversified interests spanning key sectors such as real estate, hospitality, education, healthcare, and manufacturing. With a rich legacy of innovation and excellence, BCM Group is committed to positively impacting communities and leading with cutting-edge solutions that meet the needs of modern consumers and businesses. BCM Group’s operations encompass an extensive real estate portfolio, including residential towers, integrated townships, commercial complexes, and shopping malls. In hospitality, the group redefines guest experiences at prestigious properties like the Sheraton Grand Palace in Indore and Le Meridien in Surat. The group’s education sector operates top-tier institutions dedicated to providing world-class education, while its healthcare division includes advanced facilities like BCM Kokilaben Dhirubhai Ambani Hospital in Indore and Raipur. Additionally, BCM Group’s manufacturing division focuses on producing high-quality, sustainable products that lead their markets. To learn more, please visit: BCM Group


Sayaji Hotels Launches Enrise by Sayaji in Bareilly

Sayaji Hotels Launches Enrise by Sayaji in Bareilly

By Hariharan U

Published on January 13, 2026

Sayaji Hotels Limited has announced the launch of Enrise by Sayaji, Bareilly, strengthening its footprint in Uttar Pradesh and bringing contemporary hospitality to one of the region’s culturally rich cities. Located at Station Road, Civil Lines, the hotel offers convenient access for travellers, situated just 13 km from Bareilly Airport and 500 metres from Bareilly Railway Station.

The property features 36 well-appointed rooms across four categories, designed to meet the needs of business, transit, and leisure guests. The room mix includes Deluxe Rooms, Superior Rooms, Superior Balcony Rooms, and Suites, each reflecting modern design sensibilities while staying true to Sayaji’s signature “Yours Truly” service philosophy.

Enrise by Sayaji, Bareilly also brings together a diverse food and beverage offering under one roof. Guests can choose from Horizon, a rooftop multicuisine fine-dining restaurant; Momentt, a relaxed coffee shop; 99 Degree, a classic bar suited for evening conversations; and Infinity Club & Bar, positioned as a lively social and celebration space. Together, these outlets aim to make the hotel a dining and social hub for both residents and visitors.

The hotel is equipped with two banqueting venues designed to host weddings, corporate meetings, and social events. Jewel Hall and Crystal Hall offer flexible layouts and capacities, supported by tailored food and beverage services and professional event management, enabling seamless execution for gatherings of varying scales.

Commenting on the launch, Rajendra Joshi, Associate General Manager, Sayaji Hotels, said the Enrise by Sayaji brand has been developed for modern travellers seeking comfort, functionality, and value, adding that Bareilly is a strong addition to the company’s growing portfolio across emerging Indian cities.

Ankur Vig, Managing Director, Unique Complex Private Limited, noted that Bareilly’s rising commercial and travel significance makes the timing of the hotel’s launch particularly relevant, with the partnership aiming to deliver national hospitality standards while staying connected to local sensibilities.

With Bareilly’s increasing demand for organised hospitality infrastructure, Enrise by Sayaji is positioned as a preferred choice for business stays, leisure travel, dining, and social celebrations, reinforcing Sayaji Hotels’ broader strategy of expanding into high-potential markets across India.


IHCL Signs Tree of Life Resort in Sakaleshpur, Karnataka

IHCL Signs Tree of Life Resort in Sakaleshpur, Karnataka

By Hariharan U

Published on January 11, 2026

The Indian Hotels Company Limited (IHCL) has announced the signing of a Tree of Life resort in Sakaleshpur, Karnataka, expanding its footprint in one of the state’s emerging leisure destinations. The signing reflects IHCL’s focus on boutique and experiential hospitality in underexplored markets with strong tourism potential.

Sakaleshpur, known for its plantation landscapes and heritage appeal, is steadily gaining attention as tourism becomes an important economic driver in the region. The destination’s calm setting and natural beauty have led to a growing interest in immersive and personalised stays, especially among travellers seeking quiet, nature-focused getaways.

Commenting on the development, Ms. Suma Venkatesh, Executive Vice President, Real Estate & Development, IHCL, said,
"Sakaleshpur is a pristine destination in Karnataka that blends heritage with plantation landscapes. With tourism emerging as a strong economic driver here, experiential and boutique stays are witnessing growing demand. This signing marks IHCL’s early entry into an underpenetrated micro-market, enabling us to cater to discerning travellers seeking immersive leisure experiences. The Tree of Life resort will strengthen our presence along the Western Ghats and reinforce IHCL’s boutique positioning in this evolving destination belt. We are delighted to partner with Mystica Retreats LLP for this project."

Set amidst the Western Ghats, the 40-key Tree of Life Sakaleshpur is envisioned as a peaceful retreat surrounded by forests and a perennial stream. Staying true to the Tree of Life philosophy, the resort will focus on calm, comfort, and connection with nature. Planned facilities include an all-day dining restaurant, a bar, wellness amenities such as a swimming pool, treatment room, yoga space, and a range of thoughtfully designed guest experiences.

Sharing their views on the partnership, Mr. Sharanabasava Meti and Mr. Kemparaju of Mystica Retreats LLP said,
"We are pleased to partner with IHCL for this project and look forward to creating a unique getaway for travellers seeking a quiet escape."

Sakaleshpur offers a mix of trekking trails, heritage sites, and plantation tourism, with attractions such as Manjarabad Fort, Kaginahare Fort, Bisle Ghat Viewpoint, Jenukal Gudda, and the ruins within the Kaginahare Forest, making it an attractive destination for slow and meaningful travel.

With this signing, IHCL’s portfolio in Karnataka will grow to 34 hotels, including 19 under development, further reinforcing the company’s long-term commitment to the state.

Mystica Retreats LLP is promoted by Mr. Sharanabasava Meti and Mr. Kemparaju, both experienced entrepreneurs with interests across infrastructure, hospitality, real estate, agriculture, cinema, and education. Their collaboration with IHCL aims to create a refined yet relaxed retreat aligned with the destination’s natural character.

IHCL and its subsidiaries bring together a wide range of hospitality brands, offering a blend of Indian warmth and global service standards. With a strong domestic and international presence, the company continues to expand across leisure and business destinations, strengthening its position as India’s largest hospitality company.


Golden Tulip to Debut in Virat Nagar, Jaipur

Golden Tulip to Debut in Virat Nagar, Jaipur

By Hariharan U

Published on January 10, 2026

SeaHorse Hospitality Consulting has successfully brought together Green Oasis Hospitality Pvt Ltd and Sarovar Hotels to introduce Golden Tulip in Virat Nagar, Jaipur. This strategic brand partnership marks an important addition to Rajasthan’s growing hospitality landscape, with the upcoming property positioned as a premium four-star hotel.

Planned as a 110-room development, Golden Tulip Virat Nagar is designed to serve a balanced mix of business and leisure travellers, while also emerging as a preferred destination for large-format social gatherings. Located on the outskirts of Jaipur, Virat Nagar has been identified as a high-potential micro-market, particularly for destination weddings, corporate offsites, and upscale retreats.

SeaHorse Hospitality Consulting played a key role in aligning the hospitality asset with the right brand to unlock long-term value. By bringing Golden Tulip, part of the Sarovar Hotels portfolio, to the project, Green Oasis Hospitality gains access to a strong global distribution network and professional hotel management expertise, setting the stage for sustained revenue growth from the outset.

Highlighting the vision behind the partnership, Sandeep Roy, Founder & CEO, SeaHorse Hospitality Consulting, said, "Jaipur’s periphery is evolving into a powerhouse for high-end social events and leisure retreats. Facilitating this partnership between Green Oasis and Sarovar Hotels ensures that Virat Nagar gains a premier asset designed to capture the growing demand for large-format weddings and upscale staycations."

Golden Tulip Virat Nagar, Jaipur is being thoughtfully planned with a strong focus on events and premium guest experiences. The hotel will feature 110 spacious luxury rooms, each with a minimum size of 400 square feet, including a select number of exclusive plunge pool rooms.

The property’s food and beverage offerings will include a signature all-day dining restaurant and a contemporary lounge bar, catering to both resident guests and event attendees. For social and corporate functions, the hotel will house a grand banquet hall spanning 6,500 square feet, supported by multiple conference halls suited for meetings and MICE requirements.

One of the key highlights of the development is its expansive outdoor event infrastructure. The hotel will offer multiple landscaped lawns, with the largest covering 13,000 square feet, specifically designed to host large-scale destination weddings and celebratory events. Additional amenities will include a swimming pool, a fully equipped gym and spa, and a dedicated kids play area, ensuring a complete leisure experience for families and groups.

With this signing, Virat Nagar is set to gain a landmark hospitality asset that aligns with Jaipur’s evolving demand for premium stays and large-format event venues, further strengthening the region’s appeal as a luxury wedding and leisure destination.

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