Noesis Enables IHCL Hotel Deal in Udupi–Manipal Corridor
Company News

Noesis Enables IHCL Hotel Deal in Udupi–Manipal Corridor

NOESIS Capital Advisors, India’s leading hotel investment advisory firm, has successfully facilitated a landmark hospitality transaction in the Udupi–Manipal region of Karnataka. The deal involves the acquisition of a nearly completed, 130-key upscale hotel that will operate under one of the premium brands of IHCL, reinforcing NOESIS’ position as a preferred partner for strategic hospitality transactions across India. 

Strategically located on the Udupi–Manipal Highway, the 1.03-acre property will cater to business travellers, pilgrims and families visiting Manipal University. With 96 rooms nearing completion and 34 more under development, the hotel will elevate regional hospitality standards. 

Key features include over 25,000 sq. ft. of banqueting space with pre-function areas, a lawn, multiple meeting rooms, a rooftop lounge, lobby bar, multi-cuisine vegetarian restaurant, fitness centre, salon and a swimming pool with deck. 

The Udupi–Manipal hospitality market is witnessing demand across business, education and religious tourism segments. The success of ITC Fortune and Country Inn & Suites reflects the market’s appetite for quality branded supply, which this project will address. 

Nandivardhan Jain, Founder & CEO, NOESIS Capital Advisors, said, “This transaction exemplifies NOESIS’ strength in identifying high-impact opportunities in emerging micro-markets. Udupi–Manipal is a dynamic ecosystem with growing demand for premium hospitality infrastructure. We are proud to have led this strategic acquisition, reaffirming our role as India’s most trusted hotel real estate transaction advisor.” 

As India’s hospitality sector enters a new era of growth, NOESIS continues to advise institutional investors, family offices and private clients on strategic acquisitions, brand partnerships, and long-term value creation. 

NOESIS Capital Advisors, India’s leading hotel investment advisory firm, has successfully facilitated a landmark hospitality transaction in the Udupi–Manipal region of Karnataka. The deal involves the acquisition of a nearly completed, 130-key upscale hotel that will operate under one of the premium brands of IHCL, reinforcing NOESIS’ position as a preferred partner for strategic hospitality transactions across India. Strategically located on the Udupi–Manipal Highway, the 1.03-acre property will cater to business travellers, pilgrims and families visiting Manipal University. With 96 rooms nearing completion and 34 more under development, the hotel will elevate regional hospitality standards. Key features include over 25,000 sq. ft. of banqueting space with pre-function areas, a lawn, multiple meeting rooms, a rooftop lounge, lobby bar, multi-cuisine vegetarian restaurant, fitness centre, salon and a swimming pool with deck. The Udupi–Manipal hospitality market is witnessing demand across business, education and religious tourism segments. The success of ITC Fortune and Country Inn & Suites reflects the market’s appetite for quality branded supply, which this project will address. Nandivardhan Jain, Founder & CEO, NOESIS Capital Advisors, said, “This transaction exemplifies NOESIS’ strength in identifying high-impact opportunities in emerging micro-markets. Udupi–Manipal is a dynamic ecosystem with growing demand for premium hospitality infrastructure. We are proud to have led this strategic acquisition, reaffirming our role as India’s most trusted hotel real estate transaction advisor.” As India’s hospitality sector enters a new era of growth, NOESIS continues to advise institutional investors, family offices and private clients on strategic acquisitions, brand partnerships, and long-term value creation. 

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

Advertisement

Advertisement