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By Nishang Narayan
Published on September 4, 2024
The global branded residences market is expanding at a notable pace of 12% annually, with its footprint extending across the USA, Thailand, UAE, Portugal, Greece, the UK, Brazil, Vietnam, and beyond. This surge is driven by a resurgence in luxury travel, an increasing desire to own lifestyle assets, and the perception of real estate as a safe haven. Factors like relocation and children’s education are also contributing to this growth. From the Waldorf Astoria in New York to the Standard Residence in Phuket and the Mayfair Park residence in London, branded residences are gracing affluent neighborhoods worldwide. India, too, has the potential to become one of the epicenters of branded residences.
According to a recent white paper by SKYE Hospitality, India could become an attractive destination for branded residences. While India already boasts a sizable supply of 2,900 units—accounting for approximately 10% of the global market supply—there is ample room for this niche, yet rapidly growing, luxury segment to flourish.
India has witnessed a significant increase in the number of affluent households. These modern HNIs (High Net Worth Individuals) and UHNIs (Ultra High Net Worth Individuals) are seeking exclusive spaces, top-tier amenities, and curated services, driving the demand for branded residences. A few years ago, features like in-home dining services, concierge services, exclusive wine cellars and cigar lounges, and wellness spas within residential projects seemed unimaginable. Today, thanks to branded homes, these offerings are gradually becoming mainstream.
Prominent brands, both within and outside of hospitality, have already ventured into this segment. Notable names include Yoo, Trump, Versace, IHCL, Leela, Four Seasons, Atmosphere Core, Marriott, and Oberoi.
"Despite significant growth in branded residences in recent years, what we have observed is just the tip of the iceberg. India has tremendous untapped potential to capitalize on. Average HNI Indians are spending generously on aspirational lifestyles, which will unravel a big market for branded residences. Interestingly, the trend will no longer be limited to big metros but will also percolate to tourist destinations and Tier-2 cities," said Mr. Ankit Kansal, MD of SKYE Hospitality.
In addition to strong demand driven by the rise in affluent households, India also offers a significant cost advantage. According to SKYE's study, average prices for branded residences in London, Miami, and New York are approximately ₹39.5 crores, ₹20.3 crores, and ₹60.2 crores, respectively. Average ticket sizes in other emerging cities such as Dubai (₹13.5 crores), Athens (₹17.9 crores), and Phuket (₹10.5 crores) are also high. In contrast, the average ticket size of branded homes in India is around ₹9 crores, with opportunities in the lower bracket as well (₹6-7 crores).
"Rich Indians are key growth drivers in international property markets such as Dubai, Singapore, London, and Athens. Now, with exclusive spaces and aspirational living available in their own backyard, many will likely turn their attention inwards rather than looking across borders," added Mr. Ankit Kansal.
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By Manu Vardhan Kannan
Published on February 15, 2025
Four Seasons Resort Maldives at Kuda Huraa is presenting a once-in-a-lifetime opportunity for tennis enthusiasts to train with former World #3, Nikolay Davydenko. From April 14 to 21, 2025, Davydenko will conduct two exclusive masterclasses and offer five private coaching sessions at the luxury resort.
Renowned for his speed, precision, and strategic play, Davydenko boasts an illustrious career, including 21 ATP titles, victory at the ATP World Tour Finals in 2009, and a key role in Russia’s 2006 Davis Cup triumph. His exceptional skill and tactical expertise make this event a rare and valuable experience for aspiring players.
Exclusive Coaching Sessions Tennis lovers can participate in two complimentary group masterclasses - one for adults and one for children - designed for all skill levels. Guests must register at least one day in advance, and sessions will be tailored for beginners and advanced players. The event will conclude with an exclusive photo opportunity with Davydenko.
For those seeking a personalized training experience, five private one-hour lessons will be available on a first-come, first-served basis. These bespoke sessions will focus on enhancing strategy and mastering new techniques under the guidance of a tennis legend.
A Stunning Setting for Tennis Excellence Coaching takes place on the resort’s breathtaking oceanfront Island Tennis Court, accessible via a short sail on a traditional dhoni boat. Davydenko will stay at the resort’s lush garden village, which has earned a Forbes Five-Star rating for four consecutive years.
This exclusive event is part of Kuda Huraa’s elite Tennis Academy, launched in 2023 in collaboration with RTC Alliance. The academy offers year-round professional training and has hosted esteemed players, including former World #1 and four-time Grand Slam champion Ekaterina Makarova.
For reservations or further information, contact: reservations.mal@fourseasons.com.
Nestled among ancient Hindu sacred sites, Tanah Gajah, a Resort by Hadiprana, is introducing a series of retreats that draw from Balinese wellness traditions. These multi-day experiences offer guests an opportunity to explore holistic health, a key attraction for spiritual seekers and wellness enthusiasts visiting Bali.
Guests can customize their wellness journey by choosing from three distinct packages:
The Ultimate Healing Escape (5 nights)
The Holistic Wellness Retreat (3 nights)
Journey to Balance (2 nights)
Each retreat is designed to enhance physical and energetic well-being through unique therapies and cultural experiences.
The five-night Ultimate Healing Escape includes transformative therapies that work on multiple levels. A standout feature is the 90-minute Insight, Healing, and Harmonic Balancing session, which integrates palm reading, reiki energy healing, and sound therapy using Tibetan tingsha cymbals. Other highlights include:
Daily two-course healthy lunch or dinner at The Tempayan, overlooking serene rice paddies
90-minute Inner Harmony session, featuring chakra balancing and a Balinese water blessing
75-minute chakra massage, targeting the body’s seven main energy centers
60-minute private restorative yoga session in an open-air Balinese pavilion
90-minute Ayurvedic Abhyanga Massage, a traditional oil massage from India
120-minute Balinese Kitchen Culture experience, blending culinary and cultural traditions
60-minute guided trek through rice paddies and villages, accompanied by a private butler
The two-night Journey to Balance package includes a 60-minute Journey to Balance and Inner Peace treatment, an exclusive addition to this retreat. This session combines:
Palm reading for insight into personality and opportunities
Balinese water blessing, a ritual purification practice
Hypnotherapy, a guided hypnosis session to tap into the subconscious
All wellness retreats include daily breakfast, exclusive club benefits, and accommodation in a private villa. Prices vary based on villa selection, and the packages are available until March 31, 2026.
For more details and reservations, visit: Tanah Gajah Ubud Wellness
Published on February 14, 2025
Dusit International, a leading Thai hotel and property development company, and Grand Land Inc., a subsidiary of the Gaisano Grand Group, have officially broken ground on ASAI Cebu Oslob, introducing the ASAI Hotels brand to the Philippines. Expected to open in late 2026, this marks ASAI’s first beach resort, bringing its signature experience-driven hospitality to Oslob, a scenic coastal destination known for its pristine beaches and whale shark encounters.
Located in Barangay Lagunde, Oslob, ASAI Cebu Oslob will offer 98 compact yet functional rooms, most with private balconies overlooking the ocean or pool. Designed with modern travelers in mind, the resort will feature a communal Eat/Work/Play space, a beach bar serving craft cocktails and local beers, an inviting pool, and a dining experience celebrating Cebuano cuisine.
Beyond luxurious stays, ASAI Cebu Oslob will connect guests with immersive local experiences, from island-hopping to exploring Oslob’s rich biodiversity. The resort’s "Live Local" philosophy will be brought to life through community ambassadors, who will curate personalized itineraries to hidden snorkeling spots, cultural heritage sites, and natural wonders like Sumilon Island and Tumalog Falls.
Speaking about the project, Siradej Donavanik, Vice President – Development Global and Head of Culture at ASAI Hotels, said, "Building on the success of our city-based ASAI Hotels in Thailand and Japan, ASAI Cebu Oslob will create an immersive, social, and seamless resort experience in one of the Philippines' most beautiful coastal destinations."
The groundbreaking ceremony on February 3, 2025, saw key executives from Dusit International and Grand Land Inc. in attendance, along with local government officials. Highlighting the project’s impact, Ryan Bernard Go, President of Grand Land Inc., stated, "Our collaboration with Dusit International reflects our vision to create world-class hospitality experiences. ASAI Cebu Oslob will elevate Oslob’s appeal while supporting sustainable growth through meaningful local connections."
This development strengthens Dusit’s footprint in the Philippines, where the group already operates five properties, including Dusit Thani Manila, Dusit Thani Mactan Cebu Resort, Dusit Thani Residence Davao, dusitD2 Davao, and Dusit Thani Lubi Plantation Resort. Grand Land Inc. is also developing a Dusit Princess property in Cebu’s North Reclamation Area.
ASAI Hotels currently operates ASAI Bangkok Chinatown, ASAI Bangkok Sathorn, and ASAI Kyoto Shijo. The brand is set to expand further with ASAI Gamuda Cove in Malaysia (2026) and ASAI Hat Yai in Thailand (2028).
With sustainability and local immersion at its core, ASAI Cebu Oslob is poised to become a vibrant beachfront retreat, redefining resort hospitality in the Philippines.
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