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Himalia Prime Assets, an asset development and management platform backed by private equity firm Jupiter Capital, has acquired the Our Native Village Eco Resort near Bengaluru for INR 25 crore. The transaction includes a 4.65-acre property comprising a 24-key operational resort spread across three acres and an additional 1.65 acres earmarked for future expansion. The company plans to invest at least another INR 25 crore over the next two years to upgrade the property, enhance operational capabilities and increase room inventory to 40 keys. Himalia has also partnered with luxury wellness brand Niraamaya Life to manage the resort’s operations, further expanding its hospitality portfolio, which now comprises three resort assets across southern India.
Himalia Prime Assets has acquired the Our Native Village Eco Resort near Bengaluru for INR 25 crore as part of its strategy to expand its presence in the hospitality and leisure asset segment. The acquisition was announced on Wednesday and adds a third resort property to the company’s growing hospitality portfolio.
Backed by private equity investment firm Jupiter Capital, Himalia Prime Assets stated that the acquisition covers a 4.65-acre property comprising a 24-key operational eco-resort spread across approximately three acres. The transaction also includes an additional 1.65 acres of land that has been earmarked for future development and expansion activities.
According to the company, the resort acquisition forms part of its broader strategy of identifying hospitality assets with potential for operational enhancement and long-term value creation. The property is located near Bengaluru and has established itself as a nature-focused hospitality destination catering to leisure and wellness travellers.
Himalia Prime Assets plans to undertake a significant investment programme following the acquisition. The company intends to invest at least INR 25 crore over the next two years towards upgrading infrastructure, improving guest facilities and strengthening the resort’s operational capabilities. As part of the expansion strategy, room inventory will be increased from the current 24 keys to 40 keys.
To support the next phase of development, the company has entered into a partnership with Niraamaya Life, a luxury wellness and hospitality brand, which will oversee the day-to-day management and operations of the resort. The arrangement is expected to combine Himalia’s asset management approach with Niraamaya Life’s experience in wellness-focused hospitality operations.
The acquisition reflects continued investor interest in experiential hospitality assets located near major metropolitan centres. Resorts offering nature-based experiences and wellness-oriented stays have gained increasing attention from hospitality operators and investors seeking to capitalise on growing demand for leisure travel and short-duration getaways.
With the addition of the Bengaluru-area property, Himalia Prime Assets now operates three hospitality assets. Its existing portfolio includes a 31-key resort in Kovalam and a 27-key resort in Kumarakom, both located in Kerala. The latest acquisition expands the company’s geographic presence beyond Kerala while strengthening its footprint in southern India’s hospitality market.
The planned investment programme is expected to focus on both physical infrastructure upgrades and service enhancements aimed at improving the guest experience and increasing operational efficiency. The availability of additional land within the property provides scope for future development as the company seeks to scale the resort’s capacity.
Through the acquisition and planned expansion, Himalia Prime Assets is positioning the property as a larger hospitality and wellness destination while continuing to build a diversified portfolio of resort assets across key leisure markets in India.
Source - PTI
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