Ventive to Buy 76% Stake in Hilton Goa Owner for Rs 3.2 Billion
ECONOMY & POLICY

Ventive to Buy 76% Stake in Hilton Goa Owner for Rs 3.2 Billion

 Pune-based Ventive Hospitality on Friday announced plans to acquire a 76 per cent stake in Soham Leisure Ventures, owner of the 104-key Hilton Goa Resort and a land parcel in Goa, in a transaction valued at about Rs 3.2 billion.
The company said the deal is a key step in its strategy to double its room portfolio and invest in high-value opportunities. Ventive intends to sign definitive agreements with Soham, involving an initial cash outlay of Rs 1.2 billion for the resort, which also has potential to add 60–65 more rooms.
The acquisition also includes a 4-acre land parcel earmarked for branded villas with an estimated gross sale value exceeding Rs 1 billion. Proceeds from villa sales are expected to further strengthen cash flows, the company noted.
Atul Chordia, Chairman and Executive Director of Ventive Hospitality, said: “The Hilton Goa Resort acquisition is a landmark for Ventive, marking our foray into the leisure market in Goa. This move reinforces our commitment to building a diversified portfolio across business and leisure segments while maintaining capital discipline.”
Ranjit Batra, CEO of Ventive Hospitality, added that the acquisition reflects the company’s strategy of selective expansion into high-barrier-to-entry markets with strong long-term demand.

 Pune-based Ventive Hospitality on Friday announced plans to acquire a 76 per cent stake in Soham Leisure Ventures, owner of the 104-key Hilton Goa Resort and a land parcel in Goa, in a transaction valued at about Rs 3.2 billion.The company said the deal is a key step in its strategy to double its room portfolio and invest in high-value opportunities. Ventive intends to sign definitive agreements with Soham, involving an initial cash outlay of Rs 1.2 billion for the resort, which also has potential to add 60–65 more rooms.The acquisition also includes a 4-acre land parcel earmarked for branded villas with an estimated gross sale value exceeding Rs 1 billion. Proceeds from villa sales are expected to further strengthen cash flows, the company noted.Atul Chordia, Chairman and Executive Director of Ventive Hospitality, said: “The Hilton Goa Resort acquisition is a landmark for Ventive, marking our foray into the leisure market in Goa. This move reinforces our commitment to building a diversified portfolio across business and leisure segments while maintaining capital discipline.”Ranjit Batra, CEO of Ventive Hospitality, added that the acquisition reflects the company’s strategy of selective expansion into high-barrier-to-entry markets with strong long-term demand.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

Vedanta Metal Bazaar Expands to Global Markets

Vedanta Aluminium has expanded its digital e-commerce platform, Vedanta Metal Bazaar, to international markets, enabling overseas customers to order and purchase aluminium products online.The platform will now be available to buyers across Asia, Europe, Africa and the Americas, providing a digital gateway for export transactions with 24x7 access.In FY26, Vedanta Metal Bazaar processed transactions worth nearly $4.1 billion, or over Rs 380 billion, and fulfilled more than 23,000 orders. The platform is also used regularly by more than 550 MSMEs in India alongside large OEM customers.The export ..

Next Story
Infrastructure Urban

Ramky Infrastructure Q1 FY27 Revenue Rises 24.3%

Ramky Infrastructure Limited reported a 24.3% year-on-year increase in consolidated revenue from operations to Rs 471.2 crore for Q1 FY27, compared with Rs 3.79 billion in the corresponding quarter of FY26.Standalone revenue from operations rose 27.5% YoY to Rs 4.51 billion from Rs 3.54 billion, while total standalone income increased 35% to Rs 5.32 billion.Consolidated profit before tax stood at Rs 540.9 million during the quarter. The company highlighted a sharp sequential improvement compared with a pre-exceptional loss of Rs 190.1 million in Q4 FY26.Two of the three projects awarded during..

Next Story
Technology

LTTS Launches AgenticIQ AI Platform for Engineering

L&T Technology Services (LTTS) has launched AgenticIQ, an end-to-end agentic AI platform designed for engineering and manufacturing organisations.The platform is aimed at helping enterprises move beyond isolated AI pilots by enabling autonomous, multi-agent workflows across engineering, product development, manufacturing, industrial operations and customer experience.AgenticIQ is built on LTTS’ Engineering Intelligence portfolio and converts existing engineering capabilities into specialised, reusable AI agents. Its planning-first architecture is embedded into engineering and production ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement