Oberoi Group to Open Two Luxury Resorts in Rishikesh by 2029
Real Estate

Oberoi Group to Open Two Luxury Resorts in Rishikesh by 2029

East India Hotels Limited (EIH), the parent company of the Oberoi Group of Hotels, announced plans for two new resorts in Rishikesh in collaboration with the Ladhani Group as part of its expansion strategy. The first will be an 80-key luxury Oberoi resort under the prestigious “Vilas” branding, while the second will be a 120-key five-star hotel under the Trident brand. Construction is set to begin in early 2026, with completion expected by 2029. The resorts, designed by renowned architect Bill Bensley, will be situated on a 60-acre site near the Ganges River, offering guests an immersive luxury experience.

Expressing enthusiasm about the project, S N Ladhani, Chairman of Ladhani Group and SLMG Beverages, stated, “We are excited to collaborate with the Oberoi Group and are committed to developing resorts that celebrate the beauty of Rishikesh while offering guests world-class experiences.” He also noted that the project would be led by his grandchildren, Simran Ladhani and Rachit Ladhani. These additions align with EIH’s broader expansion strategy. In November last year, the company unveiled an ambitious growth plan featuring 20 new properties to be completed by 2029, including 16 hotels, two luxury boats, and a Nile cruiser.

Commenting on this expansion, Vikram Oberoi, CEO and Managing Director of the Oberoi Group, stated, “Our goal remains to create extraordinary hotels with strong financial performance in both city and leisure destinations that blend the very best in luxury, culture, and heritage with personalised service that is distinctively Oberoi.” The company has also reported strong financial performance, with a 20.5% year-on-year (Y-o-Y) increase in consolidated net profit for the December quarter, reaching approximately $31.8 million, while revenue from operations rose 8% to $96.3 million, compared to $89.2 million in the same period last year.

East India Hotels Limited (EIH), the parent company of the Oberoi Group of Hotels, announced plans for two new resorts in Rishikesh in collaboration with the Ladhani Group as part of its expansion strategy. The first will be an 80-key luxury Oberoi resort under the prestigious “Vilas” branding, while the second will be a 120-key five-star hotel under the Trident brand. Construction is set to begin in early 2026, with completion expected by 2029. The resorts, designed by renowned architect Bill Bensley, will be situated on a 60-acre site near the Ganges River, offering guests an immersive luxury experience. Expressing enthusiasm about the project, S N Ladhani, Chairman of Ladhani Group and SLMG Beverages, stated, “We are excited to collaborate with the Oberoi Group and are committed to developing resorts that celebrate the beauty of Rishikesh while offering guests world-class experiences.” He also noted that the project would be led by his grandchildren, Simran Ladhani and Rachit Ladhani. These additions align with EIH’s broader expansion strategy. In November last year, the company unveiled an ambitious growth plan featuring 20 new properties to be completed by 2029, including 16 hotels, two luxury boats, and a Nile cruiser. Commenting on this expansion, Vikram Oberoi, CEO and Managing Director of the Oberoi Group, stated, “Our goal remains to create extraordinary hotels with strong financial performance in both city and leisure destinations that blend the very best in luxury, culture, and heritage with personalised service that is distinctively Oberoi.” The company has also reported strong financial performance, with a 20.5% year-on-year (Y-o-Y) increase in consolidated net profit for the December quarter, reaching approximately $31.8 million, while revenue from operations rose 8% to $96.3 million, compared to $89.2 million in the same period last year.

Next Story
Infrastructure Transport

Mumbai-Ahmedabad Bullet Train Viaduct and Piers Work Completed: NHSRCL

The Mumbai-Ahmedabad bullet train project, India's first high-speed rail corridor, has reached significant construction milestones with more than 300 km of viaduct completed and ongoing progress on trackbed works.The National High Speed Rail Corporation (NHSRCL), the implementing agency for the project, reported that 304 km of viaduct and 388 km of pier work have been finished. Additionally, the construction of 14 river bridges, 7 steel bridges, and 5 prestressed concrete bridges has been completed.Trackbed construction is advancing steadily, with 163 km completed so far. The Vapi bullet train..

Next Story
Infrastructure Transport

Mumbai-Ahmedabad Bullet Train Project Slab Casting Starts at Virar Station

The Mumbai-Ahmedabad Bullet Train Project has advanced with the commencement of casting the first slab at the Virar Bullet Train station. A total of nine slabs will be constructed at this level, which will serve as the foundation for track laying at the station.The Virar Bullet Train station is designed to have two levels—a concourse level and a rail level—extending to a total length of 425 meters.The first slab cast measures 50 meters in length and 35.32 meters in width, with an approximate thickness of 300 mm. This slab required 1,555 cubic meters of concrete.In recent developments, the ..

Next Story
Infrastructure Transport

Konkan Railway Plans Ro-Ro Train Service to Transport Cars

The Konkan Railway (KR) is considering the possibility of introducing a special roll-on/roll-off (Ro-Ro) train service for car transportation during the upcoming Ganapati festival, provided there is sufficient public demand. The operation of this service would require a minimum of 40 cars to be transported at once.Traditionally, the KR Ro-Ro service has been used for trucks, allowing vehicles to be transported along with their drivers. Over the past 15 months, the corporation secured projects worth Rs 31.50 billion through tendering and is currently executing works valued at Rs 40.87 billion.K..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?