ELIVAAS Partners with PropTiger to Make Second Home Ownership Easier in India

ELIVAAS Partners with PropTiger to Make Second Home Ownership Easier in India

By Manu Vardhan Kannan

Published on May 16, 2026

ELIVAAS, a premium villa and curated stays platform, has partnered with PropTiger to make the second home ownership journey in India more seamless and convenient. The strategic collaboration aims to simplify the process by bringing together property discovery, expert guidance, and complete property management solutions under one ecosystem.

As part of this partnership, PropTiger will help investors discover suitable second-home opportunities through its digital real estate platform. ELIVAAS, on the other hand, will support investors with insights on improving second-home earnings while also managing the entire lifecycle of the property.

Working at the crossroads of hospitality and real estate, ELIVAAS uses its on-ground understanding of guest preferences, occupancy trends, and revenue performance across India's leisure and business travel sectors. These insights help identify promising micro-markets with strong income potential and future appreciation opportunities, allowing investors to receive recommendations suited to their financial goals and risk preferences.

Beyond investment guidance, ELIVAAS offers a complete property management system that includes onboarding, maintenance, guest experiences, and revenue optimisation. The company aims to monitor, maintain, and monetise properties while allowing owners the flexibility of personal use.

PropTiger also offers an end-to-end advisory ecosystem, supporting buyers with market intelligence, financing guidance, legal assistance, and transaction support. Now operating under Aurum PropTech, PropTiger.com strengthens a wider ecosystem that connects multiple real estate platforms through technology-led solutions.

Together, the partnership aims to create a smooth journey for investors—from property discovery and acquisition to management and revenue generation.

Ritwik Khare, Founder & CEO, ELIVAAS, said, “We see second homes evolving beyond passive ownership into actively managed, income-generating assets. This partnership allows us to combine PropTiger’s discovery strength with our hospitality and operational expertise, creating a more structured and transparent ownership journey. Our focus is to help investors unlock stronger returns while ensuring their homes continue to deliver meaningful lifestyle value.”

Sridhar Srinivasan, Chief Business Officer, PropTiger, said, “We are excited to partner with ELIVAAS to empower our users with end-to-end solutions for second home investments. By integrating our discovery platform with ELIVAAS’s hospitality-driven insights and management expertise, we’re aiming to make it easier for investors to discover high-potential properties and achieve sustainable returns. This alliance aligns perfectly with the rising demand for income-generating real estate in India’s key leisure markets.”

Through this collaboration, both companies aim to bring a more integrated, transparent, and data-driven approach to second home ownership in India.


Manglam Group to Invest ₹350 Crore in Sheraton Hotel on Jaipur–Ajmer Highway

Manglam Group to Invest ₹350 Crore in Sheraton Hotel on Jaipur–Ajmer Highway

By Manu Vardhan Kannan

Published on June 25, 2026

Manglam Group, one of Rajasthan's leading real estate developers, has announced the signing of a Sheraton Hotel with Marriott International in Jaipur. The upcoming project will feature 220 keys and is being developed with an investment of approximately ₹350 crore across more than 3 lakh sq. ft. on the Jaipur–Ajmer Highway.

The development marks Manglam Group's third collaboration with Marriott International and is part of the company's broader ₹1,000 crore hospitality investment roadmap aimed at strengthening its presence in Rajasthan's growing tourism and hospitality sector.

The agreement was signed by Amrita Gupta, Director of Manglam Group and CEO of Manglam Spa and Resorts, and Rajeev Menon, President, Asia Pacific (excluding Greater China), Marriott International. The signing ceremony was attended by David Marriott, Chairman of the Board, Marriott International, and N. K. Gupta, Founder and Chairman of Manglam Group.

David Marriott visited Jaipur along with senior members of Marriott's global and regional leadership teams. The delegation was welcomed with a specially curated programme showcasing Rajasthan's rich culture and heritage through traditional performances and artisan displays.

Strategically located on the Jaipur–Ajmer Highway (NH-48), the hotel will benefit from strong connectivity to Ajmer, Pushkar, Kishangarh and Jaipur International Airport. The location is also close to Mahindra World City SEZ, a major business and industrial hub that continues to drive corporate travel and MICE demand in the region. With increasing residential and commercial development along the corridor, Ajmer Road is emerging as a key destination for premium hospitality projects.

The Sheraton Hotel is being designed as a luxury hospitality destination that blends premium accommodation with contemporary guest experiences. Inspired by Jaipur's vibrant culture, artistic traditions and heritage, the property will feature thoughtfully designed interiors and experiences that celebrate Rajasthan while maintaining Sheraton's globally recognised standards of hospitality.

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Sharing her thoughts on the project, Amrita Gupta, Director of Manglam Group and CEO of Manglam Spa and Resorts, said, “Jaipur is no longer simply a place the world visits. It is becoming the place the world chooses for its most important moments, from weddings to business. At Manglam, our vision has always been to create hospitality that carries the soul of Rajasthan onto a global stage, and the Sheraton Hotel sits at the very heart of that ambition. Sheraton is a name families across India have trusted with their biggest celebrations for generations, and to bring it to Ajmer Road is to offer that legacy in the heart of the country’s wedding capital. Through this hotel, we hope to do far more than host guests. We want to carry Jaipur’s culture, craft and warmth to the world, and to place this city firmly on the global map for celebration, leisure and business alike.”

Speaking on the partnership, David Marriott, Chairman of the Board, Marriott International, said, "My grandparents founded Marriott on the belief that taking care of associates leads to better guest experiences, and ultimately long-term success. Over the years, we have also learned that meaningful growth is built on strong partnerships and shared values. We are pleased to collaborate with Manglam Group on Sheraton Hotel and look forward to bringing together Sheraton's globally recognised hospitality standards and Manglam's vision for creating exceptional hospitality experiences in Rajasthan."

The addition of Sheraton further strengthens Manglam Group's hospitality portfolio in Jaipur. Along with Westin Jaipur on Delhi Road and Fern by Marriott in Jagatpura, the new hotel reinforces the Group's strategy of establishing a presence across Jaipur's major growth corridors while supporting the city's position as a preferred destination for weddings, leisure travel, business tourism and large-scale events.


NIFCO India Chooses Inspira City for Its Fourth Manufacturing Facility

NIFCO India Chooses Inspira City for Its Fourth Manufacturing Facility

By Manu Vardhan Kannan

Published on June 24, 2026

Inspira Realty, a real estate development company under Inspira Global, has announced the addition of NIFCO India Pvt. Ltd. to its flagship industrial and warehousing development, Inspira City, located in Shendra MIDC, Chhatrapati Sambhaji Nagar.

As part of the agreement, NIFCO India has secured a long-term lease for an industrial plot measuring 2,23,561 sq. ft. The site will house the company's fourth manufacturing facility in India, strengthening its production network and supporting future growth plans in the country.

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Headquartered in Japan, NIFCO Inc. is a globally recognised manufacturer of plastic fasteners, clips and functional components for the automotive industry, with operations in more than 30 countries. In India, the company serves as a key Tier-1 supplier to leading automotive OEMs. The new plant is expected to enhance its manufacturing capabilities and help meet the growing requirements of India's expanding automotive sector.

The development is also a significant milestone for Inspira City, with NIFCO becoming the third Japanese company to establish operations within the industrial park. The addition follows the presence of NHK Springs Co. Ltd. and Aisin Automotive India Pvt. Ltd., further strengthening the park's reputation as a preferred destination for global manufacturers.

Aayush Madhusudan Agrawal, Founder & Managing Director, Inspira Global, said, "NIFCO's decision to establish its fourth India facility at Inspira City is a strong endorsement of the infrastructure and ecosystem we are building. Beyond the transaction itself, we are particularly encouraged by the growing interest from Japanese manufacturers, who are among the world's most demanding industrial occupiers. Their presence validates our vision of creating a globally competitive manufacturing destination in the heart of Maharashtra."

Uday Shankar, MD, NIFCO India, said, "India continues to be a strategically important market for NIFCO, driven by the sustained growth of the automotive sector and evolving customer requirements. The establishment of our fourth manufacturing facility reflects our commitment to strengthening local production capabilities and supporting our OEM partners more effectively. Inspira City's infrastructure readiness, strategic location, and connectivity made it a compelling choice for our next phase of expansion in India."

The latest agreement adds to a growing list of investments at Inspira City, which continues to attract both domestic and international companies from sectors including automotive, engineering, logistics and allied industries. With several land parcels currently under discussion, Inspira Realty remains focused on supporting Maharashtra's growth as a leading industrial and manufacturing investment destination.


Amritara Hotels Expands Presence in Varanasi with Launch of Amritara The Samagam

Amritara Hotels Expands Presence in Varanasi with Launch of Amritara The Samagam

By Manu Vardhan Kannan

Published on June 23, 2026

Amritara Hotels has strengthened its presence in Varanasi with the launch of Amritara The Samagam, a riverside retreat located at the confluence of the Ganga and Gomti rivers. The property marks the group's second hotel in the destination and reflects its continued focus on offering deeper and more meaningful travel experiences within culturally significant locations.

Situated in Kaithi village, around 35 kilometres east of Varanasi city, the retreat is surrounded by one of the region's oldest sacred landscapes. The area is home to the historic Markandey Mahadev Temple, a revered Shiva shrine that has stood on the riverbank for centuries.

Offering a quieter alternative to the bustling ghats of Varanasi, the property allows guests to experience evening aarti ceremonies in a more peaceful setting. The surrounding landscape is also known for its natural beauty, with freshwater dolphins occasionally visible in the river and serene riverside walks that offer a close connection with nature.

The launch reflects Amritara Hotels' decision to deepen its presence in Varanasi rather than expand into a new destination. The company believes that the future of hospitality lies in understanding and interpreting destinations with strong cultural and spiritual significance rather than simply increasing geographic reach.

Amritara's first property in the city, Amritara Suryauday Haveli, offers guests an experience immersed in the vibrant energy of Kashi, with its ghats, rituals, and spiritual traditions. In contrast, Amritara The Samagam has been designed for travellers seeking a slower and more reflective journey.

Guests at the new retreat can explore lesser-known spiritual experiences, including aarti ceremonies at the Markandey Mahadev Temple, boat rides along the confluence of the Ganga and Gomti rivers, and opportunities to discover the region's rich natural surroundings.

Together, Amritara Suryauday Haveli and Amritara The Samagam offer visitors two distinct perspectives of Varanasi, one rooted in the energy and devotion of the ancient city, and the other in the tranquillity and spiritual depth of its surrounding countryside.

With this addition, Amritara Hotels continues to strengthen its portfolio of experiential stays while catering to travellers seeking authentic cultural, spiritual, and nature-based experiences.

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