IHCL Signs Vivanta Hotel in Mysuru to Expand Karnataka Presence

17 Jun 2025 CW Team

Indian Hotels Company (IHCL), India’s largest hospitality company, has signed a new greenfield hotel in Mysuru under the Vivanta brand. This marks a strategic addition to IHCL’s growing footprint in Karnataka.

Suma Venkatesh, Executive Vice President – Real Estate & Development, IHCL, said, “Mysuru, with its cultural heritage and diverse economy, is emerging as a key urban hub. Infrastructure upgrades like the Bengaluru-Mysuru Expressway are further catalysing travel and tourism. This signing aligns with our strategy of expanding in high-potential destinations. We are pleased to partner with the Farah Group.”

The 115-key hotel will be located near the Hebbal Industrial Area and will feature an all-day dining restaurant, bar, gym, swimming pool, and event spaces, catering to both business and leisure travellers.

Liaquath Ali Khan, Managing Director, Farah Builders, said, “We are proud to collaborate with IHCL to bring Vivanta to Mysuru. This hotel will address the city’s growing hospitality needs with modern comforts.”

Renowned for its royal heritage and cultural landmarks, Mysuru is home to attractions such as the Mysuru Palace, Chamundi Hills, and Brindavan Gardens.

With this addition, IHCL’s portfolio in Karnataka rises to 26 hotels, including 12 under development.

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..