Mandate Overview
5-Property Luxury Resort Rollout
A five-property luxury resort rollout targeting India's three premier leisure destinations — Rajasthan (heritage + desert), Goa (beach) and Kerala (backwaters + wellness).
320 total keys across the five sites. Two sites are shovel-ready with approvals in hand. Marriott International flag is under active negotiation for three properties — the remaining two will carry independent boutique positioning.
Projected IRR of 22–26% based on current market rental data and construction cost assumptions. The opportunity is structured for a development-focused investor to co-promote with the existing landowner, with India Gully providing the full hospitality advisory and brand management layer.
5 Resorts
Properties
320
Keys
22–26%
Projected IRR
Marriott
Flag (Negotiating)
Full Specifications
| Number of Properties | 5 Luxury Resorts |
| Total Keys | 320 Keys |
| Locations | Rajasthan, Goa, Kerala |
| Shovel-Ready Sites | 2 of 5 |
| Brand Flag | Marriott (under negotiation) + Boutique |
| Projected IRR | 22–26% |
| Investment Scale | ₹350 Crore (USD ~42 Mn) |
| Structure | Co-Promoter / JV with Landowner |
Luxury Resort
Marriott
Goa
Kerala
Rajasthan
Greenfield
Mandate Details
Mandate Type
Development Advisory
NDA Required
Yes
Advisor
India Gully