Nirma Group Plans Five-Star Hotel Entry In Ahmedabad
ECONOMY & POLICY

Nirma Group Plans Five-Star Hotel Entry In Ahmedabad

Nirma Group is preparing to enter the hospitality sector as part of a broader diversification strategy, according to people familiar with the matter. The Ahmedabad-based conglomerate, with operations spanning detergents, chemicals, cement and healthcare, has applied for environmental clearance to develop a five-star hotel targeting the upper-upscale segment.

The group, which has an estimated turnover of around Rs 122.07 billion, is planning a 555-room hotel along the Sarkhej–Gandhinagar Highway, one of Ahmedabad’s fastest-growing commercial corridors. Sources said the proposed project is expected to cater to rising demand from corporate travellers and large-scale events.

Nirma Group has also initiated discussions with several global and domestic hotel operators, including Indian Hotels Company Ltd, Hyatt Hotels and Marriott International. However, people aware of the talks said that no operating agreement has been finalised so far.

The hotel is expected to become operational ahead of the 2030 Commonwealth Games, positioning it to benefit from increased demand for premium accommodation linked to international sporting events as well as sustained growth in business travel. An email sent to a Nirma Group official seeking comment did not elicit a response at the time of publication.

Commenting on the sector’s outlook, Nandivardhan Jain, founder and chief executive of hotel investment and branded residences advisory firm NOESIS, said demand conditions in India’s hospitality market have deepened significantly compared with previous years.

Nirma Group is preparing to enter the hospitality sector as part of a broader diversification strategy, according to people familiar with the matter. The Ahmedabad-based conglomerate, with operations spanning detergents, chemicals, cement and healthcare, has applied for environmental clearance to develop a five-star hotel targeting the upper-upscale segment. The group, which has an estimated turnover of around Rs 122.07 billion, is planning a 555-room hotel along the Sarkhej–Gandhinagar Highway, one of Ahmedabad’s fastest-growing commercial corridors. Sources said the proposed project is expected to cater to rising demand from corporate travellers and large-scale events. Nirma Group has also initiated discussions with several global and domestic hotel operators, including Indian Hotels Company Ltd, Hyatt Hotels and Marriott International. However, people aware of the talks said that no operating agreement has been finalised so far. The hotel is expected to become operational ahead of the 2030 Commonwealth Games, positioning it to benefit from increased demand for premium accommodation linked to international sporting events as well as sustained growth in business travel. An email sent to a Nirma Group official seeking comment did not elicit a response at the time of publication. Commenting on the sector’s outlook, Nandivardhan Jain, founder and chief executive of hotel investment and branded residences advisory firm NOESIS, said demand conditions in India’s hospitality market have deepened significantly compared with previous years.

Related Stories

Gold Stories

Next Story
Products

Koemmerling opens Navi Mumbai experience centre

Koemmerling, a brand of the profine Group, has expanded its presence in the Mumbai metropolitan region with the opening of a new experience centre in Navi Mumbai and launched its Allure S46 minimal sliding door system for the Indian market.Located in CBD Belapur, the facility was inaugurated by Peter Mrosik, Owner and CEO, profine Group, along with Farid Khan, Chairman and Managing Director, profine India, and Kamal Bajaj, CEO, profine India.The company said the new centre will showcase its portfolio of uPVC and aluminium window and door systems to architects, developers and homeowners.The ina..

Next Story
Products

India's waterproofing market nears Rs 150 bn milestone

India's waterproofing industry is approaching a market size of Rs 150 billion and is expected to surpass the $2 billion milestone, according to speakers at the 2nd India International Waterproofers Conference & Expo 2026 organised by the Waterproofers Association of India (WAI) in New Delhi.The two-day event brought together more than 20 speakers, 55 international delegates and 53 exhibition booths, with discussions focusing on climate-resilient construction, advanced waterproofing technologies and international collaboration.Inaugurating the event, Durga Shanker Mishra, former Secretary, ..

Next Story
Real Estate

Dilip Buildcon Q1 FY27 Revenue at Rs 23.78 billion

Dilip Buildcon Limited reported consolidated revenue from operations of Rs 2,378 crore in Q1 FY27, along with EBITDA of Rs 429 crore and profit after tax of Rs 128 crore.Consolidated EBITDA margin stood at 18.1%, improving from 17.1% in Q4 FY26. On a standalone basis, revenue from operations was Rs 1,930 crore, EBITDA stood at Rs 199 crore and PAT was Rs 39 crore, with an EBITDA margin of 10.3%.The company’s order book stood at Rs 27,691 crore as of 30 June 2026, compared with Rs 28,830 crore as of 31 March 2026. Roads and highways accounted for 17.1% of the order book, irrigation and water ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement