Shremoha launches senior living platform with projects in Pune, Gurugram

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August 17, 2026

Shremoha, a senior independent living platform created through a strategic partnership between Shrem Group and Emoha, a part of Age Care Labs, has commenced operations with two development partnerships in Pune and Gurugram.

Shremoha launched the platform at the Longevity Summit India 2026 in Mumbai. The platform brings together community living, hospitality, and senior-focused wellness and support services through an independent living model. Shremoha aims to create senior living communities that combine personalised care, preventive health and wellness, and hospitality-led independent living.

As part of its initial expansion, Shremoha has partnered with TRU Realty for Kekarav in Pune and KREEVA for a multigenerational project in Sector 70A, Gurugram.

The Pune development will comprise 250 residences. Meanwhile, both projects will provide wellness programmes, curated dining, resident experiences, and support services.

Commenting on the launch, Saumyajit Roy, Co-founder & CEO, Emoha Elder Care and Co-founder of Shremoha, said, “Shremoha is the first expression of a vision we have believed in for a long time—that the future of senior living is not about care alone but about creating places where people can continue to live with purpose, independence, and meaningful human connections. Through our years of taking care of elders at Emoha, we have understood what seniors truly value. Shremoha brings those learnings together with hospitality and thoughtful community design to build environments where life continues to flourish. Our first projects in Pune and Gurugram are only the beginning of this larger journey.”

With its first two development partnerships, Shremoha is entering the senior living market with a model that combines independent living, wellness, and hospitality. The Pune and Gurugram projects mark the beginning of the platform’s broader journey in developing senior-focused communities.

Cygnett Hotels signs 50-key Cozzet hotel near Khatu Shyam in Rajasthan

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August 17, 2026

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Cygnett Hotels & Resorts has expanded its footprint in Rajasthan with the signing of a 50-key Cozzet hotel in Ringas, near Khatu Shyam, as the hospitality company strengthens its premium economy portfolio across pilgrimage and regional travel markets.

The signing comes amid the growing prominence of Khatu Shyam as a major pilgrimage destination in Rajasthan. Moreover, in 2025, the shrine recorded approximately 2.54 crore devotees, making it the state’s leading religious tourism destination and, in turn, driving demand for organised accommodation and supporting hospitality infrastructure along the Khatu Shyam-Ringas corridor.

The brownfield project, Cozzet Khatushyam, is expected to open its doors to guests in mid-2027. Furthermore, the hotel will offer 50 contemporary rooms, an all-day dining restaurant, a health club, and a swimming pool.

Located around 18 km from Khatu Shyam Ji Temple, the upcoming Cozzet property will cater to pilgrims, families, leisure travellers and transit guests. Additionally, the hotel will be situated just 100 metres from Ringas railway station and will offer direct access to NH-52, thereby connecting the area with Jaipur.

The property will also target the local social and events segment through a 2,500 sq. ft. banquet venue with capacity for approximately 180-200 guests.

Commenting on the signing, Sarbendra Sarkar, Founder & Managing Director, Cygnett Hotels & Resorts, said, “Pilgrimage travel is increasingly becoming an important driver of hospitality demand across India. Destinations receiving millions of visitors annually require not just additional room inventory, but dependable branded accommodation with consistent service standards. Khatu Shyam is a strong example of this transition. With its proximity to the shrine and excellent road and rail connectivity, Ringas presents a compelling opportunity for Cozzet to serve this rapidly growing travel corridor.”

Cozzet by Cygnett serves as the company’s flagship premium economy and micro-hospitality brand. Built around its “Smart, Safe & Sensible” philosophy, the brand combines contemporary accommodation and essential amenities with efficient services for business, leisure, and transit travellers.

The new signing also supports Cygnett’s broader Cozzet expansion plans, as India’s micro- and mid-scale hospitality market is projected to reach US$7.60 billion by 2031. Cozzet currently has a development pipeline of approximately 600 keys, with hotels under development and in pre-opening stages across Noida, Ayodhya, Amritsar, Jaipur, and Arunachal Pradesh, among other locations.

Cygnett plans to continue expanding Cozzet through an asset-light and scalable model, targeting pilgrimage centres, transit hubs, business markets, and emerging urban destinations. Furthermore, the latest signing in Ringas supports this strategy by positioning the brand in a travel corridor that benefits from strong pilgrimage demand as well as convenient road and rail connectivity.

Hindustan Unilever-owned Minimalist posts 36% revenue growth in FY26

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August 17, 2026

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Hindustan Unilever-owned skincare brand Minimalist recorded a 36% year-on-year rise in revenue from operations to Rs 690.2 crore in the financial year ended March 2026, marking its first full year under the FMCG major’s ownership.

The Jaipur-based beauty brand’s total income, including other income, increased to Rs 697.4 crore in FY26 from Rs 508.95 crore in FY25, according to its consolidated financial statements filed with the Registrar of Companies.

Minimalist also reported a return to profitability during the year. Its profit after tax stood at Rs 25.9 crore in FY26, compared with a loss of Rs 270.5 crore in the previous financial year.

However, the FY25 loss was largely affected by a Rs 283.8 crore exceptional charge arising from fair-value adjustments on compulsorily convertible preference shares.

On a pre-tax basis, Minimalist posted a profit of Rs 32.5 crore in FY26, compared with a loss of Rs 271.9 crore in FY25. Meanwhile, the company’s expenses increased 34% to Rs 664.9 crore from Rs 497.1 crore a year earlier, broadly in line with its revenue growth.

The cost of materials consumed rose 28% to Rs 219.0 crore, while employee benefit expenses increased 32.6% to Rs 48.5 crore.

Other expenses remained Minimalist’s largest cost category at Rs 416.7 crore, compared with Rs 305.3 crore in FY25. The expense bucket includes advertising and promotional costs, distribution, warehousing, professional fees, and other operating expenses.

Minimalist spent about Rs 235 crore on advertising and promotional activities during FY26, according to its financial disclosures. The spending highlights the company’s continued investment in brand building as it expands beyond its initial direct-to-consumer phase.

The FY26 financial results cover Minimalist’s first complete financial year under HUL ownership. HUL completed the acquisition of a 90.5% stake in Uprising Science, the company behind Minimalist, in April 2025.

HUL had agreed to acquire the stake at a pre-money enterprise value of Rs 2,955 crore through a combination of secondary transactions and primary capital infusion. The remaining 9.5% stake is scheduled to be acquired from the founders over two years.

The acquisition gave HUL control of a rapidly growing digital-first beauty brand as the FMCG major sought to strengthen its position in premium beauty and well-being. HUL has said it intends to leverage its research and development, distribution, supply chain, and international expansion capabilities to scale Minimalist further.

Founded in 2020 by brothers Mohit Yadav and Rahul Yadav, Minimalist sells skincare and haircare products through its own website and online marketplaces.

With revenue growth accelerating and profitability returning on a reported basis, Minimalist’s FY26 performance marks an important financial milestone following its acquisition by HUL. The company’s increased investment in advertising and its continued expansion of the brand will remain central to its next phase of growth.

Prestige Estates targets 5,500 hotel keys in major expansion plan

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August 17, 2026

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Prestige Estates targets 5,500 hotel keys in major expansion plan — Irfan Razack, Chairman and Managing Director, Prestige Estates

Prestige Estates is considering a major restructuring of its business that could result in four separately listed entities covering hospitality, office, retail, and residential assets, Chairman and Managing Director Irfan Razack said.

The Bengaluru-based real estate company is also targeting a significant expansion of its hospitality portfolio, with hotel inventory expected to rise from around 1,450 keys currently to nearly 5,500.

Razack said the proposed structure could allow each business vertical to operate and be valued independently. He said, “If we list the office business and list the retail business as well as the hospitality business, then it becomes four separate companies that will be doing business, and then maybe they’ll have the same value in their own right.”

He also highlighted that Prestige is more than a residential developer, suggesting that its individual businesses could command higher valuations if separated into distinct listed entities.

The hospitality business is a key component of the proposed restructuring. Prestige Hospitality Ventures recently secured a Rs 3,000 crore investment from Canada’s CPP Investment Board (CPPIB) for a 28% stake in the business.

Razack described hospitality as “capital guzzler number one,” while noting that the new investment would provide the company with “bigger bandwidth” to accelerate expansion without requiring further dilution.

Prestige currently operates around 1,450 hotel keys across its operating assets. However, the company is developing a pipeline that could increase its total portfolio to nearly 5,500 keys, supported by strong demand across its hotel properties.

The broader business roadmap also points to FY30 as an important milestone. According to Razack, the group’s office and retail projects currently under construction are expected to mature by then.

Prestige’s office portfolio is projected to achieve an annual rental exit run rate of about Rs 2,800 crore by FY30, while its retail malls are expected to contribute close to Rs 2,000 crore.

The hospitality arm, meanwhile, is expected to be spun off and listed after its asset base matures further. An investor from CPPIB is also expected to join the Prestige Hospitality board once the transaction concludes.

Razack indicated that the nearly 5,500-key target could continue to evolve as new opportunities emerge. “I’m not saying that number will be stagnant. There will be opportunities that will keep coming all the time,” he said.

The proposed restructuring comes as Prestige awaits CCI approval for its CPPIB transaction before proceeding with definitive agreements. The company believes separate listings could enable investors to value each business independently while unlocking capital currently embedded within its diversified corporate structure.

If executed, the proposed restructuring would mark a significant shift in Prestige Estates’ corporate strategy, separating its residential, office, retail, and hospitality businesses while allowing each vertical to pursue its own growth and capital strategy.

Louvre Hotels India expands Golden Tulip presence in Panchkula

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August 17, 2026

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Louvre Hotels India has expanded its development pipeline in North India by signing an agreement for Golden Tulip Panchkula in Haryana, in partnership with VSN Hotels LLP. The upcoming property will strengthen the Golden Tulip brand’s presence in the region.

The hotel will be located in Panchkula, within the Chandigarh Tricity region, a market that caters to both business and leisure travellers. Its location provides connectivity to Chandigarh and neighbouring areas, supporting demand from corporate visitors, leisure guests, and local events.

Golden Tulip Panchkula is planned to offer contemporary accommodation while following the brand’s hospitality approach. The property will cater to travellers visiting Panchkula and the wider Tricity region.

The signing also adds another Golden Tulip property to Louvre Hotels India’s growing network across North India. As the company expands its portfolio, the new hotel will add accommodation capacity to the Panchkula market.

The project is being developed in partnership with VSN Hotels LLP. Further details regarding the hotel’s room inventory and facilities will be announced at a later stage.

With the addition of Golden Tulip Panchkula, Louvre Hotels India is continuing to build its hotel network in North India while expanding the brand’s presence in markets serving diverse business and leisure travel demand. The upcoming property is expected to strengthen accommodation options in Panchkula and contribute to the company’s regional growth.

Aaiji Group to add 1.35 million sq. ft. of residential & commercial space in Dholera by December 2026

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August 17, 2026

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The company had earlier announced its plans to invest Rs 100 crore by 2027

August 17, 2026: Real estate developer Aaiji Group plans to add 1.35 million sq. ft. of residential and commercial real estate space in Dholera by December 2026, strengthening its long-term commitment to the emerging industrial and economic hub.

The development pipeline comes amid growing infrastructure activity and rising investor interest in Dholera, with the company seeking to capitalise on the region’s expanding industrial ecosystem.

The upcoming developments will feature thoughtfully designed residential and commercial spaces, offering attractive opportunities for homebuyers, businesses, and long-term investors.

The company had earlier announced its plans to invest Rs 100 crore by 2027 to develop residential and commercial projects in Dholera.

Lalit Parihar, MD, Aaiji Group, said, “The company has built a strong customer base across India, with buyers from major Indian cities both within and outside Gujarat, and including encouraging interest from Non-Resident Indians (NRIs) who view Dholera as a long-term investment destination backed by strong infrastructure development and economic growth.”

“The company’s transparent business practices, customer-first approach, and consistent after-sales support have resulted in repeat referrals, strengthening its credibility in the market. The new launches will help accelerate real estate development, habitation, and investment in the region.”

Dholera is steadily transforming into one of India’s most strategically important industrial hubs. The troika of semiconductor manufacturing, large-scale connectivity infrastructure, and smart city planning is beginning to reshape not only Gujarat’s industrial landscape but also the region’s real estate dynamics.

Parihar further added that residential demand is already beginning to emerge due to the influx of engineers, technical staff, and industrial workers, while commercial real estate is also likely to benefit as office spaces, malls, business parks, hospitality assets, and ancillary industrial services develop around the semiconductor ecosystem.

The infrastructure execution in Dholera has visibly accelerated, and the long-term sustainability of the investment will depend on continued industrial absorption, social infrastructure creation, and employment generation that together will create demand for residential, office, and retail spaces.

About Aaiji Group

Aaiji Group, headquartered in Ahmedabad, Gujarat, was established in 2017 by Mr. Lalit Parihar. In less than a decade, the group has become a notable real estate player in Dholera SIR with a focus on plotted development and land investment. The company has built a reputation for transparency and a customer-oriented approach with a wide range of ongoing and completed projects. The company has developed and delivered multiple residential plotted developments. Over the years, Aaiji Group has built its reputation by earning the trust of customers and HNI investors across India and from the USA, Canada, Europe, Singapore, and other regions through its focus on transparency, customer satisfaction, and timely delivery of quality projects.

Café Quattro enters South Mumbai with new Babulnath Café

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August 14, 2026

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Café Quattro has expanded its Mumbai presence with the opening of its second outlet in Babulnath, marking the vegetarian café brand’s entry into South Mumbai. The launch follows its existing outlet in Juhu and forms part of the company’s plans to expand its café business across the city.

The new all-day café serves a vegetarian menu alongside specialty coffee and handcrafted beverages. Its format caters to customers seeking quick meals, business meetings, casual dining, and longer café experiences throughout the day.

According to the company, the brand selected Babulnath because of its strong vegetarian dining culture and proximity to residential areas, educational institutions, and religious destinations.

The outlet also introduces Ala Palla, a Roman-style pizza concept, to Mumbai for the first time. Its menu includes Roman Margherita, Bombay Spice Burst, Garden Primavera, Garden Pesto Verde, Inferno Fiama, Fire Chilli, Chipotle Paneer Punch, and Roman Truffle Mushroom.

Beyond pizzas, Café Quattro offers snacks, pastas, sandwiches, burgers, and desserts. The selection includes dishes such as Nachos Grande, Thick Milk Toast, and The Firehouse Smash.

The beverage menu features specialty coffees, cold brews, matcha-based drinks, coffee mocktails and Vietnamese Coffee, giving customers options across both hot and cold formats.

The Babulnath location also marks Café Quattro’s first outlet within a theatre environment. The format provides quick-service food and beverage options for visitors looking to dine or grab snacks before or after shows.

The opening comes alongside a wider refresh of the Café Quattro brand, covering its logo, menu, and overall brand identity as the company increases its café footprint.

Aditya Gupta and Anuj Gupta, Partners, Gupta Brands, said, “Café Quattro is our way of bringing the familiar tastes of our fine-dine restaurant, Quattro, into a café setting. We wanted to offer tasty, freshly cooked food to people who choose to have a cup of coffee and unwind, while also giving them the option of a wholesome meal. With Babulnath marking our second outlet in the café format, it strengthens our belief that people want good food alongside their beverages. Whether it is for work, a meeting, or simply spending time with friends and family, we want Café Quattro to be a place where the food is as much a reason to visit as the coffee.”

With the Babulnath launch, Café Quattro is extending its vegetarian café proposition into South Mumbai while adding a theatre-linked format to its portfolio. The expansion combines an all-day dining concept with specialty beverages and the Mumbai debut of Ala Palla, supporting the brand’s broader café growth strategy.

Seré Resort Goa expands private villa stays in Vagator

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August 14, 2026

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Seré Resort Goa has expanded its private villa offering in Vagator, Goa, strengthening its focus on private stays, personalized service, and group travel. The resort’s expanded offering caters to travellers seeking greater privacy and flexibility during their stays.

Spread across one acre, the property comprises eight fully serviced villas, each equipped with a private pool, living spaces, and dedicated butler service. Together, the villas can accommodate up to 52 guests, making the resort suitable for family holidays, group travel, destination weddings, and private events.

The resort has built its accommodation concept around in-villa experiences. Guests can enjoy dining, spa treatments, and floating breakfasts within the villas, along with curated culinary experiences designed specifically for private groups.

In addition, the property gives guests the flexibility to arrange dining and other services within their villas instead of depending exclusively on shared resort facilities. This approach is designed to support travellers who prioritise personalised experiences and private spaces.

The resort’s offering comes as villa-led accommodation gains relevance among travellers looking for alternatives to conventional hotel stays. Seré Resort Goa has positioned its private villa model around the demand for greater privacy, flexibility, and customised services, particularly for longer stays and group travel.

The property also incorporates eco-conscious elements into its design while maintaining a private setting for longer and group stays. This combination supports the resort’s focus on creating a more personalized accommodation experience.

Seré Resort Goa said its positioning reflects changing travel preferences in Goa, where private accommodation and personalized experiences are becoming increasingly relevant to travellers seeking alternatives to conventional hotel stays.

With its eight-villa offering and capacity for up to 52 guests, Seré Resort Goa is expanding its presence in the private-stay segment in Vagator. The resort’s focus on in-villa services, personalized hospitality, and group accommodation places it among properties responding to the evolving demand for private and flexible travel experiences in Goa.

CGH Earth expands into Eastern Himalayas with Kurseong debut

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August 14, 2026

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CGH Earth has entered the Eastern Himalayas after more than four decades of operations in Southern India, marking a new phase in the hospitality group’s expansion. The Singell Tea Estate in Kurseong, West Bengal, represents its first venture beyond Southern India, while the group is also preparing a property in Kalimpong.

Located within the Singell Tea Estate, established in 1871, the Kurseong property combines a restored heritage bungalow with a contemporary wing. The retreat features 11 rooms and is designed around experiences that connect guests with the surrounding landscape and local culture.

Guests can take part in plantation walks, tea factory tours, village trails, riverside picnics, tea tastings, and storytelling sessions. These experiences provide an opportunity to explore the heritage and natural setting of the tea estate.

“At CGH Earth, we have always believed that travel is most meaningful when it is deeply connected to the spirit of a place. Our expansion into the Eastern Himalayas is a natural evolution of this philosophy. The region’s remarkable ecological diversity, cultural richness, and heritage offer an incredible opportunity to create experiences that are immersive, authentic, and rooted in the landscape,” said Michael Dominic, CEO & MD, CGH Earth Experience Hotels.

The property’s culinary offering also draws from the food traditions of the Darjeeling hills. Local ingredients such as gundruk, kinema, Himalayan nettles, silam, and buckwheat feature in the cuisine, with dishes prepared using techniques including foraging, fermentation, smoking, and slow-cooking.

Meanwhile, CGH Earth is extending the same approach to its planned Kalimpong property. The group’s expansion into the Eastern Himalayas places conservation, cultural heritage, and local communities at the centre of its hospitality strategy.

“For over three decades, CGH Earth has shaped hospitality around the belief that every destination should be left richer than it was found. Rooted in conservation, cultural heritage, and community partnerships, this philosophy will define both our Kurseong and Kalimpong properties,” said George Joseph, Vice President, Operations, CGH Earth.

With its Kurseong debut and upcoming Kalimpong property, CGH Earth is taking its destination-focused hospitality model into the Eastern Himalayas. The move expands the group’s geographic presence while maintaining its emphasis on landscape, heritage, local cuisine, conservation, and community-led experiences.

Allana Consumer Products eyes Rs 4,000-Cr revenue in 3 years

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August 14, 2026

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Allana Consumer Products eyes Rs 4,000-Cr revenue in 3 years — Manish Bandlish, Managing Director, Allana Consumer Products

Allana Consumer Products (ACPL) is preparing to invest Rs 500-600 crore over the next 2-3 years as the company accelerates expansion across pet food, bakery, coffee, and fruits and vegetables while increasing its focus on consumer-facing brands.

The company, which currently generates around Rs 2,300 crore in revenue, is targeting Rs 4,000 crore over the next 2-3 years through a combination of organic growth and acquisitions. Newly appointed Managing Director Manish Bandlish is leading the expansion strategy.

“The agenda for me is to drive all the categories we have in India. Depending on the business model and the business case, I envisage anywhere between Rs 500-600 crore of overall capital investment in the country over the next 2-3 years,” Bandlish told.

A significant portion of the planned investment will go toward new capacity in coffee and bakery. ACPL is considering a Rs 300-400 crore greenfield project for value-added coffee, while another Rs 50-100 crore investment is planned for a bakery.

“We are number two in exports of green coffee from India, but we want to move into value-added products. Freeze-dried coffee is one area we are exploring, and that will require a greenfield investment of Rs 300-400 crore,” Bandlish said.

ACPL currently operates three coffee plants in South India. Its bakery facility near Mumbai has a capacity of 20,000 tonnes and is currently operating at 60-70 percent utilization.

Pet food is also expected to become an important contributor to the company’s growth. The segment currently generates around Rs 180 crore, with ACPL aiming to increase this to Rs 250-300 crore in 2-3 years.

“We have one of the largest pet food manufacturing plants in India near Hyderabad. We launched our domestic brands Bowlers and Purrfeto over the last 1.5-2 years, and now we want to take these brands forward with larger, more aspirational product lines,” Bandlish said.

Meanwhile, ACPL is expanding its consumer presence in frozen foods through Home Fresh. The company is reviving the brand in India, with a launch planned by mid-September across frozen food categories, including vegetables and other convenience products.

“Frozen is another category booming in India. The younger generation is very conducive to processed and convenience foods,” Bandlish said.

The company is also evaluating acquisitions in the fruits and vegetables segment. At the same time, ACPL plans to create greater synergies among its pet food, bakery, and coffee businesses through shared research and development and product development capabilities.

ACPL currently generates around one-third of its revenue from India, while two-thirds comes from exports. Over the next 2-3 years, the company aims to increase the domestic contribution to 40 percent before potential additions to capacity push exports higher again.

“We are very strong in sourcing and manufacturing. The next step is becoming more consumer-centric and developing brands that deliver value directly to consumers,” Bandlish said.

The company’s consumer portfolio is set to expand further in the coming months. Alongside Home Fresh, ACPL plans to introduce value-added coffee products, high-protein ranges, new pet food products, and bakery categories in India over the next 3-6 months.

The planned investments and product launches mark a broader shift in ACPL’s strategy, combining its existing strengths in sourcing and manufacturing with greater emphasis on domestic consumption and branded products. With a target of Rs 4,000 crore in revenue over the next 2-3 years, the company is positioning its coffee, bakery, pet food, frozen foods, and fruit and vegetable businesses as key pillars of its next phase of growth.

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