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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 July 23, 2026
Harilela Hotels has appointed Andreas Kraemer as the Founding General Manager of The Hari Singapore, ahead of the hotel's debut in spring 2027. He will lead the opening of the property and play a key role in establishing it as one of Singapore's distinctive lifestyle hospitality destinations.
Located just moments from Orchard Road and the historic Emerald Hill precinct, The Hari Singapore will feature 326 rooms and become the third property under The Hari brand, joining its sister hotels in London and Hong Kong. Designed with a contemporary approach, the hotel aims to offer a lifestyle experience that is closely connected to its neighbourhood and local culture.
Andreas Kraemer brings more than 30 years of international hospitality experience across Europe and Asia. Most recently, he served as General Manager of InterContinental Singapore, where he spent over five years leading the hotel's luxury repositioning, commercial growth and brand development. Throughout his career, he has held senior leadership positions across Singapore, China, Thailand, India and the Maldives.
Commenting on the appointment, Dr Aron Harilela, Founder of The Hari brand, said:
“Andreas has a remarkable track record. His rich and diversified experience should propel our plans to bring a beacon of modern luxury and impeccable service to Singapore.”
Sharing his thoughts on the new role, Andreas Kraemer said:
“Singapore doesn't need another hotel. It deserves hotels with character. What drew me to The Hari was the opportunity to create a place connected to Orchard Road and the heritage of Emerald Hill, a hotel that becomes part of the city, not simply part of its skyline. Together with our team, we'll create a destination guests return to for its people, atmosphere and genuine sense of belonging.”
Set to open in spring 2027, The Hari Singapore will place art, design, culture and contemporary dining at the centre of its guest experience. Staying true to the brand's understated approach to hospitality, the hotel aims to reflect the vibrant energy and character of Singapore while offering guests a distinctive and welcoming stay.
Atmosphere Kanifushi has announced the sixth edition of its signature Just Veg Festival, set to take place from 04 to 09 October 2026. Celebrating six years of vegetarian fine dining in the Maldives, this year's festival will bring together global flavours, immersive culinary experiences and sustainable gastronomy in a unique island setting.
The 2026 edition revolves around the theme "Family Style", curated by acclaimed Chef Fabrizio Marino. Inspired by togetherness, the concept encourages guests to share thoughtfully prepared vegetarian dishes, turning every meal into a warm and interactive dining experience centred around connection and flavour.
Chef Fabrizio is recognised for his contemporary approach to vegetarian cuisine, blending his Mediterranean heritage with global culinary influences. His ingredient-first philosophy focuses on simplicity, balance and flavour, using techniques such as fire cooking and fermentation to highlight seasonal produce.
"Fine dining is changing," says Chef Fabrizio Marino. "Today's guests are searching for something more meaningful than complexity. They want authenticity, generosity and experiences that bring people together. Family Style is my interpretation of contemporary luxury, a table where exceptional ingredients are shared with warmth, conversation and genuine hospitality. The Maldives, with its natural bounty and rich cultural influences, provides the perfect setting for that story."
Sharing his thoughts on the milestone edition, Ram Bhoyroo, General Manager at Atmosphere Kanifushi, said:
“As we celebrate the sixth anniversary of the Just Veg Festival, we are proud to continue shaping meaningful culinary experiences in the Maldives. This milestone edition not only reinforces our commitment to innovative, ingredient-led dining, but also positions Atmosphere Kanifushi as a destination where gastronomy, sustainability, and immersive guest journeys come together seamlessly.”
The specially curated menu combines Mediterranean influences with the vibrant flavours of the Indian Ocean. Guests can look forward to seasonal vegetarian creations prepared using fire cooking, smoking, citrus infusions and fresh herbs. The menu will feature shared antipasti, fire and smoke specialities, regional-inspired dishes and family-style desserts, all designed to be enjoyed together.
As part of the resort's Kanifushi Plan, the Just Veg Festival will be available to all in-house guests, offering carefully curated dining experiences throughout the celebration.
A key highlight on the resort's annual calendar and a prelude to the festive season, the Just Veg Festival continues to reflect Atmosphere Kanifushi's focus on innovative, sustainable and immersive gastronomy. Marking its sixth anniversary, the 2026 edition promises to be its most engaging yet, bringing people together through the universal language of food in one of the world's most stunning island destinations. Guests can now book their stay to be part of this special celebration.
Published on July 22, 2026
Blue Tokai Coffee Roasters, India's largest specialty coffee company, has officially entered the GCC market through a strategic partnership with Ambrosia Foods. Marking its regional debut, the brand has opened its first café at BurJuman Mall in Dubai, bringing its farm-to-cup coffee philosophy and craft-led coffee experience to one of the world's leading café destinations.
The expansion is being led by Ambrosia Foods, a GCC-focused food and beverage platform that partners with innovative consumer brands to help them grow across the region. By combining Blue Tokai's expertise in sourcing, roasting, and serving premium Indian coffee with Ambrosia Foods' regional market knowledge and operational capabilities, the partnership aims to build a strong long-term presence across the GCC.
With this addition, Blue Tokai becomes the fourth brand in Ambrosia Foods' growing portfolio, joining Biryani By Kilo, Furn Beaino, and Mr. Brown. The company continues to strengthen its presence in the region by bringing premium and scalable food and beverage concepts to GCC consumers.
Speaking on the launch, Vishwaroop Narain, Executive Chairman, Ambrosia Foods, said, “Blue Tokai is a landmark addition to our growing GCC portfolio and a brand that perfectly reflects Ambrosia Foods vision of bring proven, category-defining concepts to the region and building them for long-term success. Indian brands are increasingly finding strong resonance across the GCC, and Blue Tokai is exceptionally well positioned to introduce more consumers to the quality, craftsmanship and diversity of India's specialty coffee."
Following the opening of its first café in Dubai, Ambrosia Foods plans to expand Blue Tokai's presence across the GCC, with more than 10 locations planned over the next few years.
Founded in 2013, Blue Tokai has been at the forefront of India's specialty coffee movement, making freshly roasted Indian coffee more accessible while promoting quality, transparency, and traceability. Today, the company operates more than 250 cafés, three roasteries across India, partners directly with over 80 coffee farms, and also has an international presence in Tokyo, Japan.
The new Dubai café offers guests a selection of Blue Tokai's single-estate coffees, signature blends, and seasonal offerings. Visitors can also explore different brewing methods that highlight the unique flavour profiles and origins of Indian coffee, all within a modern café setting.
Speaking about the expansion, Shivam Shahi, Co-Founder and COO, Blue Tokai Coffee Roasters, said, “India has an extraordinary coffee heritage, yet its potential as a world-class specialty coffee origin is only beginning to gain global recognition. For more than a decade, Blue Tokai has focused on strengthening the connection between coffee producers and consumers while creating spaces where people can discover the craft and stories behind every cup. Expanding into the GCC marks an important milestone in our journey as we introduce Indian specialty coffee to new audiences. The region's vibrant café culture and appreciation for thoughtfully crafted experiences make it a natural next step in our growth.”
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