Eco Hotels And Resorts Ltd has approved the acquisition of several hotel properties on long-term lease, covering greenfield, brownfield, and ready projects in major Indian cities, with management advised to conduct thorough due diligence before finalizing agreements.
At its meeting on December 26, 2025, the Board of Directors of Eco Hotels And Resorts Ltd approved a significant expansion initiative. The company will pursue long-term lease agreements for a diverse portfolio of properties across India, focusing on new developments and existing hotels.
Notable updates include greenfield projects in Gandhinagar (Ahmedabad), Dombivali, and Indore, each featuring modern amenities such as banquet halls and restaurants. Brownfield acquisitions span Bangalore, Gurugram, Ayodhya, Vrindavan, and Udaipur, targeting established hotels with strong infrastructure. Additionally, a ready project in Hyderabad’s Hitech City has been identified for immediate integration.
Major takeaways:
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Greenfield projects: 135-140 rooms in Gandhinagar, 10-acre land in Dombivali, 50 rooms in Indore.
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Brownfield projects: Multiple properties in Bangalore, Gurugram, Ayodhya, Vrindavan, and Udaipur.
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Ready project: 48 rooms in Hyderabad.
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Management advised to complete due diligence before finalizing any agreements.
Key Highlights
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Expansion into prime locations across India.
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Focus on both new developments and established properties.
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Emphasis on due diligence to ensure quality and viability.
Source: BSE Corporate Announcements