Kalyani Developers to Invest INR 800 Crores in Hospitality and Residential Projects

Kalyani Developers to Invest INR 800 Crores in Hospitality and Residential Projects

By Nishang Narayan

Published on October 26, 2024

Bengaluru-based Kalyani Developers, also known as Kalyani Tech Park Pvt Ltd, has announced an ambitious plan to invest INR 800 crores in the hospitality sector, specifically focusing on the development of two hotels with 300 rooms each in North Bengaluru. This strategic move aims to enhance the region's reputation as a premier destination for both leisure and business travelers.

In addition to the hospitality investments, Kalyani Developers is making its foray into the residential sector, unveiling plans for three new projects in North Bengaluru, Whitefield, and Kanakapura Main Road. The company is also set to embark on a mixed-use development project in Hyderabad, which underscores its commitment to creating vibrant living and business environments.

A Mohan Raju, managing director and CEO of Kalyani Developers, commented on the company's growth strategy: “Over the past three decades, we’ve established a strong reputation in commercial real estate, hospitality, automobile, and renewable energy, consistently delivering value through our commitment to quality, innovation, and customer satisfaction. The residential sector presents a significant opportunity for us to leverage this legacy and expertise, aligning with shifting market dynamics and consumer expectations.”

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Raju emphasized that North Bengaluru was chosen for the first residential launch due to its rapid development and emergence as a key real estate hub. He stated, “This focused investment plan will ensure that each project embodies our commitment to quality, innovation, and long-term value creation for homeowners and investors alike.”

Kalyani Developers will manage the construction of all projects through its in-house team, which boasts over 30 years of expertise in delivering more than 12 million square feet of commercial spaces. The team, now led by experienced professionals in residential construction, is dedicated to executing projects to the highest standards with timely delivery.

Looking ahead, Raju noted that the residential sector is expected to become a significant contributor to Kalyani Developers' overall business strategy. While the company’s commercial and hospitality verticals continue to thrive, the new residential projects are poised to play a pivotal role in the firm's growth trajectory.


Cygnett Hotels Signs 50-Key Cozzet Khatu Shyam in Rajasthan

Cygnett Hotels Signs 50-Key Cozzet Khatu Shyam in Rajasthan

By Hariharan U

Published on August 19, 2026

Cygnett Hotels & Resorts has announced the signing of a 50-key Cozzet hotel at Ringas near Khatu Shyam in Rajasthan, strengthening its presence in the state and expanding its premium economy portfolio across India's growing pilgrimage and regional travel markets.

The upcoming Cozzet Khatu Shyam will be located approximately 18 km from Khatu Shyam Ji Temple, one of Rajasthan's major pilgrimage destinations. The shrine recorded an estimated annual footfall of 2.54 crore devotees in 2025, making it the state's leading religious tourism destination and driving increased demand for organised accommodation and supporting hospitality infrastructure along the Khatu Shyam-Ringas corridor.

The hotel will benefit from its strategic location in Ringas, positioned just 100 metres from Ringas railway station and with direct access to NH-52, which connects the area with Jaipur and other parts of the region. The location is expected to make the property accessible to pilgrims, families, leisure travellers and transit guests.

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A brownfield development, Cozzet Khatu Shyam is expected to open in mid-2027. The property will feature 50 contemporary rooms, an all-day dining restaurant, health club and swimming pool.

The hotel will also cater to the local social and events market through a 2,500 sq. ft. banquet venue capable of accommodating approximately 180–200 guests. The combination of accommodation, dining, wellness and event facilities is expected to position the property as a comprehensive hospitality offering for visitors to the destination.

Commenting on the signing, Sarbendra Sarkar, Founder & Managing Director, Cygnett Hotels & Resorts, said pilgrimage travel is emerging as an important driver of hospitality demand across India. He added that destinations attracting millions of visitors require dependable branded accommodation and consistent service standards, making Ringas a strong opportunity for Cozzet.

Cozzet by Cygnett is Cygnett Hotels & Resorts' premium economy and micro-hospitality brand. Built around its "Smart, Safe & Sensible" philosophy, the brand focuses on contemporary accommodation, essential amenities and efficient service for business, leisure and transit travellers.

The signing also advances Cygnett's broader expansion strategy for Cozzet. The brand currently has a development pipeline of approximately 600 keys, with properties under development and in pre-opening stages across destinations including Noida, Ayodhya, Amritsar, Jaipur and Arunachal Pradesh.

Cygnett plans to continue expanding Cozzet through an asset-light and scalable model, targeting pilgrimage centres, transit hubs, business markets and emerging urban destinations where demand for reliable, value-led branded accommodation is increasing.

With its entry into the Khatu Shyam-Ringas corridor, Cozzet adds another pilgrimage-led destination to its growing development pipeline while strengthening Cygnett's Rajasthan portfolio.


Courtyard by Marriott Opens First Hotel in Ghaziabad, Strengthening Delhi NCR Presence

Courtyard by Marriott Opens First Hotel in Ghaziabad, Strengthening Delhi NCR Presence

By Hariharan U

Published on August 18, 2026

Courtyard by Marriott has opened its first hotel in Ghaziabad, marking the brand's debut in the city and expanding Marriott International's presence across the Delhi NCR region.

Located in Rajnagar Extension, one of Ghaziabad's growing commercial and residential corridors, Courtyard by Marriott Ghaziabad brings the brand's focus on comfort, functionality and flexible spaces to the destination. The property is designed to cater to business travellers, families, wedding groups and leisure guests.

The hotel features 106 contemporary rooms and suites, equipped with modern amenities, plush bedding, ergonomic workspaces and high-speed connectivity. Flexible layouts are designed to support both productivity and relaxation, allowing guests to adapt their rooms to different stages of their stay.

Connectivity is a key advantage of the property. The hotel provides access to Delhi, Noida, Greater Noida and Meerut through major expressways, national highways and the Delhi–Meerut Rapid Rail Transit System. It is approximately one hour from Indira Gandhi International Airport, around 15 minutes from Anand Vihar Bus Terminal and 20 minutes from Ghaziabad Railway Station.

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The hotel also offers convenient access to corporate offices, industrial hubs, educational institutions and healthcare facilities across Ghaziabad, along with attractions including Akshardham Temple and India Expo Mart and shopping destinations across East Delhi and Noida.

Dining

Courtyard by Marriott Ghaziabad features two dining venues designed for different occasions.

L3 Kitchen, the all-day dining restaurant, offers global favourites, wholesome dishes and regional Indian cuisine in a contemporary setting.

The Yard & Brew lobby lounge and bar provides handcrafted beverages and globally inspired small plates, creating a relaxed setting for informal meetings, after-work gatherings and evening conversations.

Wellness and Recreation

Guests can access a range of wellness facilities, including an outdoor swimming pool with Jacuzzi, fully equipped fitness centre and spa. The facilities are designed to provide opportunities for relaxation and recovery for both business and leisure travellers.

Meetings, Weddings and Events

The hotel offers more than 8,000 sq. ft. of indoor event space, including the 5,100 sq. ft. Grand Ballroom. Supported by audiovisual technology and dedicated event planning services, the venues are designed for corporate conferences, meetings, weddings and social celebrations.

Commenting on the opening, Kiran Andicot, Senior Vice President, South Asia, Marriott International, said Ghaziabad's growing role as a commercial and residential destination presents an opportunity for Courtyard by Marriott to expand its offering across the region and provide travellers with additional accommodation choices in Delhi NCR.

Praveen Sharma, Hotel Manager, Courtyard by Marriott Ghaziabad, said the property has been designed around the changing needs of modern travellers, whether they are visiting for business, family occasions or leisure. He added that the hotel aims to become a gathering place for travellers and the local community.

Courtyard by Marriott Ghaziabad participates in Marriott Bonvoy, enabling members to earn and redeem points during stays at the property and across Marriott International's participating portfolio.


Sterling Holiday Resorts Launches Sterling Quinta Jim Corbett, Expanding Wildlife Portfolio

Sterling Holiday Resorts Launches Sterling Quinta Jim Corbett, Expanding Wildlife Portfolio

By Hariharan U

Published on August 18, 2026

Sterling Holiday Resorts has strengthened its presence in India's wildlife hospitality segment with the launch of Sterling Quinta Jim Corbett, its second resort in the Corbett landscape and 11th property in Uttarakhand.

Located in the Bail Parao–Kaladhungi belt of Ramnagar, the new resort expands Sterling's curated wildlife portfolio to 13 resorts with more than 480 rooms and suites, reinforcing the company's strategy of building destination clusters across India's leading nature and wildlife destinations.

The launch comes as wildlife tourism increasingly evolves beyond conventional safari-led holidays, with travellers seeking immersive experiences, longer stays and deeper connections with nature and local communities. Sterling's growing portfolio across India's forests and wildlife regions reflects this shift towards experience-led travel.

Sterling Quinta Jim Corbett offers access to the wider Corbett landscape while providing a quieter alternative to some of the destination's busier tourism zones. The property complements Sterling's existing Corbett presence and gives travellers additional opportunities to explore different areas of the region.

The resort features 46 rooms across five categories, including accommodation options with private sit-outs, balconies and exclusive plunge pools. Facilities include a swimming pool, spa and Nectar, the property's all-day dining restaurant.

Designed for families, couples, celebration-led travellers and corporate groups, the resort also expands Sterling's leisure and events offering. A 2,800 sq. ft. banquet hall and two landscaped lawns provide spaces for destination weddings, social celebrations, corporate offsites and incentive programmes.

Beyond the resort, guests can explore the Corbett region through safaris across forest zones including Phato and Sitabani, along with birdwatching trails and plantation walks. Local attractions such as Chhoi Village, Shri Hanuman Dham, the Jim Corbett Museum and Corbett Falls further broaden the destination experience.

Sterling's wider wildlife portfolio now spans diverse ecosystems and destinations including Corbett, Gir, Kanha, Pench, Ranthambore, Sariska, Thekkady, Wayanad, Anaikatti and Tipeshwar, covering tiger reserves, lion habitats, rainforests and Himalayan forests.

Commenting on the launch, Vikram Lalvani, Managing Director & CEO, Sterling Holiday Resorts Ltd, said wildlife tourism in India is undergoing a transformation as travellers increasingly seek experiences extending beyond the safari. He added that Sterling's destination-cluster strategy aims to provide guests with richer ways to experience iconic wildlife regions while maintaining consistency in hospitality.

Shailendra Goswami and Amit Aggarwal, Partners at Shreena Hospitalities Pvt Limited, said Sterling Quinta Jim Corbett was envisioned as a peaceful, nature-connected retreat complementing the wider Corbett experience. They added that the partnership combines the resort's location and design with Sterling's hospitality expertise and scale.

With the addition of Sterling Quinta Jim Corbett, Sterling Holiday Resorts continues to strengthen its presence in Uttarakhand while expanding its focus on experiential travel segments including wildlife, mountains, wellness, pilgrimage and heritage

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