Oberoi Group to Launch Two Luxury Resorts in Rishikesh in Partnership with Ladhani Group

Oberoi Group to Launch Two Luxury Resorts in Rishikesh in Partnership with Ladhani Group

Oberoi Group to Launch Two Luxury Resorts in Rishikesh in Partnership with Ladhani Group

The Oberoi Group has announced plans to open two new luxury resorts in Rishikesh—an 80-key Oberoi "Vilas" resort and a 120-room Trident resort—as part of its strategic expansion in India’s hospitality sector. Developed in partnership with the Ladhani Group, the properties will be set on a 60-acre site surrounded by the Ganges on three sides, blending nature, spirituality, and luxury. The resorts will be managed by EIH Ltd., the Oberoi Group’s parent company, and are in addition to the 19 properties previously announced in EIH’s long-term growth plan, which includes 16 hotels, two luxury boats, and a Nile cruiser set for completion by 2029.

Designed by renowned architect Bill Bensley, the resorts aim to offer a unique blend of world-class hospitality and local heritage. Construction is expected to begin in early 2026, with the Oberoi Vilas developed by Devprayag Ganges Resorts Pvt Ltd. and the Trident Resort by Jamuna Hotel Enterprises Pvt Ltd., both subsidiaries of The Ladhani Group. S.N. Ladhani, Chairman of Ladhani Group & SLMG Beverages Pvt Ltd., emphasized the project's commitment to preserving Rishikesh’s cultural and natural significance while delivering unparalleled guest experiences. Arjun Oberoi, Executive Chairman of The Oberoi Group, reaffirmed the company’s focus on expanding into premier destinations, while CEO Vikram Oberoi highlighted the brand’s mission to combine luxury, heritage, and personalized service in every new venture.

The announcement comes amid a post-COVID travel boom, with EIH reporting record Q3 financial performance, including Rs. 831 crore in consolidated revenue and Rs. 279 crore in profit after tax (PAT), a 21% year-on-year increase. Despite the temporary closure of The Oberoi Grand for restoration, the company has continued to see strong financial growth, further cementing its leadership in India’s luxury hospitality industry.

About the author
Sandeep Sadh

About Sandeep Sadh

Sandeep Sadh has been in the real estate business since 1993 in Mumbai. He has expertise in Buying, Selling, Leasing properties in Mumbai and a deep understanding of legal and tax related matters due to his experience.

Summary

Over the years, he has experienced the City's growth. He has been a columnist in the Times of India with numerous articles, which bring about a clear picture of the real estate market in Mumbai. He is a regular on NDTV, CNBC, ET Now Real Estate and Zee News, giving his experienced quotes as and when required.

Sandeep Sadh has used information and technology since the year 1998 and now what people call it Prop Tech to cater to the needs of Home Buyer, Seller, Investor and Corporates, HNI and NRI looking to Buy/Sell or Lease their properties in the Mumbai Property Market.

Sandeep has a holistic experience of real estate be it Leasing an Apartment for your CEO in the most upmarket buildings, to enter into a long lease for your office in Mumbai in prime buildings or an Investment in good projects with a detailed analysis keeping in mind the Demand and Supply and other micro factors of the project/property.

Sandeep Sadh has developed a few websites like www.mumbaipropertyexchange.com, www.realestatemumbai.com, www.propi.in which augment the real estate consulting business.

Right from Investments in Primary Markets to Selling, leasing and specializing for NRI’s all over the world. He is an expert in NRI Home Buying and Selling and has a good understanding of the Income Tax laws pertaining to Selling a Property and Repatriating funds overseas or reinvesting based on Capital Gains etc.

Experience

  • Residential Leasing
  • Commercial Leasing
  • Residential Home Buying
  • Commercial Property Buying
  • Investment Properties with complete Property Management as your Real Estate Family office

While transacting in the above segments, he has complete experience and deep understanding of the paper work, his areas of expertise are :

  1. Drafting of the Leave and License Agreements
  2. MOU for Buying/Selling Properties
  3. Drafting Agreement for Sale
  4. Gift Deeds
  5. Computing of Capital Gains with current ready reckoner values
  6. Drafting of Supporting Power of Attorney.

As an add on Service, Sandeep Sadh has tied up with various Professionals like Lawyers and Chartered Accountants who add value in transacting and specially services for Non Resident Indians.

Application to Income Tax for Lower Tax Deduction Certificate – Through a qualified CA and keeping a grip on the traction so that the remittance back to Non Resident Indians after Selling the property is seamlessly transferred.

You can connect with Sandeep Sadh on ssadh@mumbaipropertyexchange.com

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