Alfavision Overseas India Ltd, a BSE-listed company, has partnered with hospitality entrepreneur Jimmy Mistry, Chairman and Managing Director, Della Resorts, to develop a 220-acre luxury hospitality and lifestyle township near Ratapani Wildlife Reserve and Kolar Dam in Bhopal. The ambitious project carries an estimated revenue potential of ₹2,000 crore and has been formally disclosed to the Bombay Stock Exchange (BSE).
The strategic collaboration between Alfavision Overseas India Ltd. and Della Resorts & Adventure Pvt. Ltd. aims to create a racecourse-themed luxury township that combines premium hospitality, adventure tourism, wellness, and upscale residential living. Through this integrated development, both companies plan to strengthen Central India’s luxury tourism landscape while creating a unique lifestyle destination.
Spread across approximately 220 acres, the mixed-use township will feature a diverse range of hospitality, residential, and recreational offerings. The development will include a five-star luxury resort with nearly 300 keys, a world-class wellness centre and spa, racecourse-inspired recreational amenities, private villa plots, and premium resort-style residences.
Additionally, the project will incorporate destination wedding venues, corporate and MICE (Meetings, Incentives, Conferences, and Exhibitions) infrastructure, along with a large-scale adventure and extreme sports park designed to attract experiential travellers and luxury tourists.
According to the company, the integrated township will unlock significant value from Alfavision Overseas’ existing land holdings while positioning Bhopal as a leading destination for luxury hospitality, premium real estate, and experiential tourism.
Furthermore, the project’s location near Ratapani Wildlife Reserve and Kolar Dam will enable the developers to integrate nature-inspired architecture with modern hospitality infrastructure and leisure experiences. The township will seamlessly combine luxury hospitality assets, branded residences, wellness facilities, and recreational attractions within a thoughtfully planned mixed-use environment.
The companies have already completed land acquisition for the project. Meanwhile, the development has entered the advanced planning stage, with design finalisation currently underway as both partners prepare to move toward execution.
The partnership between Alfavision Overseas India Ltd. and Della Resorts marks a significant milestone for Central India’s luxury hospitality and real estate sector. The partnership between Alfavision Overseas India Ltd. and Della Resorts marks a significant milestone for Central India’s luxury hospitality and real estate sector. The integrated township has the potential to generate nearly ₹2,000 crore in revenue while boosting tourism, attracting high-end residential buyers, and strengthening Bhopal’s position as a premium lifestyle and hospitality destination. As the partners move the project toward execution, they aim to create new opportunities across the hospitality, tourism, real estate, and experiential travel sectors.
