Spread across 4.65 acres, Our Native Village Eco Resort currently comprises 24 keys on 3 acres, with an additional 1.65 acres land area available for future expansion. Over the next two years, Himalia Prime Assets plans to invest at least Rs 25 crore towards upgrading and enhancing the resort’s offerings and operational capabilities, and aims to increase its inventory from 24 to 40 keys.
Himalia Prime Assets is focused on a diversified pool of real estate assets including residential, resorts, commercial office and retail spaces and is backed by private equity investment firm Jupiter Capital.
The company expects this asset to generate a strong yield on the investment, and to contribute to a strong growth in its EBITDA, underscoring both the strategic and financial rationale behind the acquisition.
The company has partnered with Niraamaya
Life – a luxury wellness brand – to manage the day-to-day operations at this resort.
“We have always believed that the future of hospitality lies in experiences that bring people closer to nature, to local culture, and foster a sense of genuine wellbeing. This acquisition is a significant milestone in our expansion trajectory, and reflects our vision of building nature-led destinations that can deliver long-term value while enriching the lives of guests, investors and local communities alike,” said Vamsi Sai, Chief Executive Officer, Himalia Prime Assets Private Limited.
Himalia’s hospitality portfolio now spans three resort properties, including a 31-key resort in Kovalam and a 27-key resort in Kumarakom, Kerala. The company’s upcoming expansion roadmap includes wellness resorts, branded residences, farmhouses, plotted developments and exclusive clubs, with multiple such projects to be developed and operationalised over the next three to four years.