Project News Detail
| Project No : | 204159 |
|---|---|
| Project Title : | Spiritual luxury resort project to come up in Puri, Odisha |
| Company Name : | Private Company |
| Project Detail : | A priest of the Jagannath Temple in Puri, Sevayat Daitapati Bhabani Das, will establish a 300-room luxury resort named 'Jagannatham' with a strong spiritual focus, aiming to offer a "satvik" experience to pilgrims and travellers seeking modern comforts blended with spirituality. The resort, to be built on a seven-acre beachfront plot along the Puri-Konark marine drive, is expected to open before the Rath Yatra of 2026. The project, developed under Meridian Mist Hotel & Resort, has a construction cost of Rs 110 crore, excluding land. The overall project valuation is pegged at Rs 200 crore, according to an official from Das' team. The resort will feature studio and deluxe cottages, a spa, an amphitheatre, a jogging track, a tennis court, and dedicated wellness spaces, catering to high-end travellers and pilgrims alike Das and his family own 100% of the project but may dilute equity based on the response to the resort's membership programme. Memberships are priced at Rs 3.5 lakh, Rs 5 lakh, and Rs 7 lakh, offering a three-night stay per month for five years, targeting 5,000 members in the initial phase. |
| Project Location : | Puri - Orissa - India |
| Project Estimation : | Refer Document |
| Status : | Announced |