The Chapter, a luxury holiday home developer backed by prominent figures like Nadir Godrej, Anand Piramal, and the Burman family of Dabur India, plans to invest over INR 850 crore to develop high-end villas across key leisure destinations in India. The company, part of the Isprava Group, has acquired over 100 acres in Goa, Alibaug, Karjat, and Kasauli with an initial investment of INR 450 crore. Boosted by a INR 200 crore funding round led by Symphony International Holdings, The Chapter is expanding rapidly to meet the growing demand for branded luxury villas, with 600 villas under construction and 200 already delivered.
The Chapter, a luxury holiday home developer with backing from prominent figures such as Nadir Godrej, Anand Piramal, and the Burman family of Dabur India, is poised to invest over INR 850 crore in the development of high-end villas across key leisure destinations in India. First reported by ET Realty, this strategic expansion is part of the Isprava Group, under which The Chapter operates, and aims to capitalise on the growing demand for premium holiday properties.
To advance this growth plan, The Chapter has already secured over 100 acres of land in four prime locations: Goa, Alibaug, Karjat, and Kasauli. The initial investment in these acquisitions amounts to INR 450 crore, marking a significant step in their strategy to expand their luxury villa portfolio.
The group's expansion efforts received a substantial boost through a recent funding round that raised nearly INR 200 crore. This round was led by Symphony International Holdings, a company listed on the London Stock Exchange, and specialised in strategic investments across the Asia-Pacific region. This financial injection has enabled The Chapter to double its portfolio within the last year, reflecting the surging demand for luxury villa properties in India. Currently, the group is overseeing the construction of 600 luxury villas, with 200 properties already delivered.
Among its notable upcoming ventures, The Chapter plans to develop 27 branded luxury villas on a 2.25-acre site adjacent to the Moira River in Aldona, North Goa. This project, estimated to require an investment of approximately INR 100 crore, will be the company's third initiative in Goa, following the sale of over 50 properties in the past 3-4 months.
Last year, The Chapter acquired a land parcel located 21 km from Manohar International Airport in Mopa and 6 km from Assagao, bringing its total land investment in Goa to over Rs 100 crore. Recently, the company also purchased two adjacent land parcels totaling 5 acres near Aldona, with plans to begin a new project on this site shortly.
The demand for branded luxury villas in India is rising, driven by a growing cohort of affluent buyers seeking exclusive residences that blend opulence with personalised services. This increasing interest in branded homes signifies a shift in consumer preferences toward properties that offer not just comfort and privacy but also cater to their lifestyle aspirations.
As urban areas become more congested, high-net-worth individuals are increasingly drawn to spacious, tranquil environments, making branded luxury villas in prime non-urban locations especially appealing. This surging demand is drawing substantial investments from both domestic and international developers, who are keenly aware of the lucrative opportunities in this sector.
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