Noesis Enables IHCL Hotel Deal in Udupi–Manipal Corridor

27 Jun 2025 CW Team

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.

Infrastructure Energy

22 Oct 2025

KEC Secures Rs 10, 380 Mn Substation Order in Saudi Arabia

KEC International Ltd., a global infrastructure EPC major, and an RPG Group company, has secured a new order worth Rs 10,380 million for the Design, Supply and Installation of a 380 kV GIS Substation in Saudi Arabia.Vimal Kejriwal, MD & CEO, KEC International Ltd., commented, “We are delighted with the successive order wins in our T&D business. In a landmark achievement, we have secured our largest ever substation order. This prestigious order in the Middle East has widened our portfolio and strengthened our presence in the region. With this strategic win, our year-to-date or..

Central Bank of India executes first fully digital SCF deal on PSB Xchange

In a major advancement for India’s banking sector, Central Bank of India (CBI) has successfully completed the country’s first fully digital supply chain finance (SCF) transaction on PSB Xchange—a unified multi-lender platform launched by PSB Alliance. PSB Xchange is designed to connect public and private sector banks, NBFCs, and fintechs with corporates and their channel partners to facilitate supply chain finance and small business loans. The transaction marks the first time a fintech-originated corporate lead has been seamlessly processed through the PSB Xchange ecosystem. The lead fl..

Atlanta Electricals secures Rs 1,835 Mn transformer order from BNC Power

Atlanta Electricals Limited (“Atlanta”) has secured an order worth Rs 1,835 million from BNC Power Projects Ltd for the supply of extra high voltage (EHV) transformers and a bus reactor for its Pugal site. The contract includes a mix of 315 MVA, 400 KV and 100 MVA, 132 KV transformers along with a 400 KV bus reactor. The project scope encompasses design, manufacturing, testing, and supply to the project site. Deliveries will be sequenced following engineering and drawing approvals, offering multi-quarter execution visibility and ensuring a steady production run-rate. The order will be ex..