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 Urban

26 Jun 2026

PRS International marks 18 years of global advisory work

PRS International Group of Companies recently said it has strengthened its position as a sovereign-grade multinational advisory organisation, marking nearly 18 years of operations across strategic communications, institutional advisory and international cooperation. The Group, with headquarters in Washington, D.C. and New Delhi, said its work spans more than 190 countries and supports governments, multilateral institutions, investors, corporations and private clients. The organisation said its services cover government advisory, crisis management, trade and investment facilitation, nation bra..

dormakaba showcases access solutions at iDAC Chandigarh

dormakaba recently participated in iDAC Chandigarh 2026 at JW Marriott, engaging with architects, interior designers, developers, hospitality professionals and industry experts. The access solutions brand showcased a range of security and architectural products, including Mechanical Key Systems, Digital Cylinder, C Lever, Lever Handle, AIDO’s SLYNK Profiled Door System and Hotel Lock. The company said AIDO’s solutions added a design-led architectural and hospitality dimension to its presence at the event. The SLYNK Profiled Door System drew attention for supporting modern interiors where ..

Tata Power Secures Karnataka Transmission Project

Tata Power has won a power transmission project in Karnataka after emerging as the successful bidder in a tariff-based competitive bidding process run by PFC Consulting, a wholly owned subsidiary of Power Finance Corporation. The company received a Letter of Intent from PFC Consulting for a renewable energy evacuation scheme to be delivered under a Build, Own, Operate and Transfer model. The award follows a competitive selection and positions the firm to expand its transmission activities in the state. As part of the contract, Tata Power will acquire the special purpose vehicle (SPV) created f..