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 Transport

06 Feb 2026

Lucknow Metro East-West Corridor Consultancy Contract Awarded

The Uttar Pradesh Metro Rail Corporation has awarded the first construction-related consultancy contract for the Lucknow Metro East West Corridor to a joint venture of AYESA Ingenieria Arquitectura SAU and AYESA India Pvt Ltd. The firm was declared the lowest bidder for the Detailed Design Consultant contract for Lucknow Metro Line-2 under Phase 1B and the contract was recommended following the financial bid. The contract is valued at Rs 159.0 million (mn), covering design services for the corridor. Lucknow Metro Line-2 envisages the construction of an 11.165 kilometre corridor connecting Cha..

Div Com Kashmir Urges Fast Tracking Of Jhelum Water Transport Project

The Divisional Commissioner of Kashmir has called for the fast-tracking of the Jhelum water transport project, urging district administrations and relevant agencies to accelerate planning and clearances. In a meeting convened at the divisional headquarters, the commissioner instructed officials from irrigation, public health engineering and municipal departments to prioritise the project and coordinate survey and design work. The directive emphasised removal of administrative bottlenecks and close monitoring to ensure timely mobilisation of resources and contractors. Officials were told to in..

Interarch Reports Strong Q3 And Nine Month Results

Interarch Building Solutions Limited reported unaudited results for the third quarter and nine months ended 31 December 2025, recording strong revenue growth driven by execution and a robust order book. Net revenue for the third quarter rose by 43.7 per cent to Rs 5.225 billion (bn), compared with Rs 3.636 bn a year earlier, reflecting heightened demand in pre-engineered building projects. The company’s total order book as at 31 January 2026 stood at Rs 16.85 bn, supporting near-term visibility. EBITDA excluding other income for the quarter increased by 43.2 per cent to Rs 503 million (mn),..