BHVL to Invest Rs11 Billion in Chennai for Three Hotels

06 Feb 2026 CW Team

Brigade Hotel Ventures Limited has signed a memorandum of understanding with the Government of Tamil Nadu at the Tamil Nadu Global Tourism Summit 2026 committing Rs11 bn to expand hotel capacity in Chennai and to support destination development. The agreement is intended to bolster the state’s tourism infrastructure and to create high-value employment for over 1,000 people. The MoU was finalised in the presence of the chief minister of Tamil Nadu.

The investment will add over 500 keys across three new hotels in Chennai, expanding the company’s footprint in the city. BHVL previously commenced operations of Holiday Inn Chennai OMR IT Expressway in April 2017 through its subsidiary SRP Hotel Ventures Limited with 202 keys. Brigade Group has acquired land for the new projects to establish hospitality destinations across strategic locations in Chennai.

Planned projects include a Courtyard by Marriott at Chennai World Trade Center that will offer around 45 thoughtfully designed guestrooms and will be located about 13 km from Chennai International Airport. A Grand Hyatt Chennai on the East Coast Road is set to operate as a premier resort with approximately 211 guest rooms. A JW Marriott on the OMR will feature around 250 stylishly appointed guest rooms and suites.

BHVL is an owner and developer of hotels primarily across South India and is the second largest owner of chain-affiliated hotels and rooms in the region as of March 31, 2025. The company operates nine hotels with 1,604 keys across Bengaluru, Chennai, Kochi, Mysuru and the GIFT City, with operations managed by global hospitality companies such as Marriott, Accor and InterContinental Hotels Group. The new investment is expected to expand the portfolio and to contribute to the state’s economic growth and tourism offer.

Real Estate

26 Feb 2026

Heritage Reimagined

At Darabshaw House in Ballard Estate, The House of Rose represents more than a retail flagship. It is an architectural negotiation between legacy and contemporary restraint—where business ambition and spatial discipline converge.Framing the intent, Biren Vaidya, Managing Director, The Rose Group of Companies, says, “It has always been a dream, nurtured over the last forty-five years, to create a luxury brand of Indian origin with true international standing.” He adds, “With the current generation, luxury has become quieter, more personal, and deeply experiential.” ..

Numaligarh Refinery Expansion Cost Rises to Rs 340 Billion

Numaligarh Refinery Limited has revised the cost estimate for its expansion project to Rs 340 billion (bn) and has sought government approval for the higher budget. The company indicated that the revised figure supersedes earlier estimates and will alter the capital requirements for the scheme. The expansion is intended to increase processing capacity and modernise facilities, subject to regulatory clearance. Officials said the request was submitted to federal authorities for consideration and clearance. The revision reflects an upward adjustment driven by increased capital outlay, higher comm..

Cytiva Expands Fast Trak Facility in Bengaluru

Cytiva, a Danaher company, has expanded its Fast Trak process development (PD) and validation services facility in Bengaluru, strengthening India’s position in the global biopharma landscape. The newly inaugurated ~30,000 sq ft centre brings upstream and downstream process development, optimisation, scale-up and validation services under one roof. The facility is designed to support multiple modalities including monoclonal antibodies (mAbs), pDNA/mRNA, recombinant proteins and viral vectors. It aims to help biopharma companies across India and Asia-Pacific shorten development timelines, red..