Ventive Hospitality has received approval for the acquisition of 100% equity share capital and 100% preference share capital of Kelzai Eco Reserves. The total consideration for acquisition is Rs 281.87 crore. The proposed acquisition aims to establish Ventive Hospitality's footprint in the luxury resort and branded villa segment through the acquisition of around 420 acre of resort property in the Mumbai Metropolitan Region (MMR).
The Members of Investment Committee of company, in their meeting held on July 08, 2026, has approved the same.
Ventive Hospitality is predominantly a hospitality asset owner primarily focused on luxury offerings across business and leisure segments. The company primarily focuses on developing and managing high-end luxury hotels and resorts.