K RAHEJA CHALET HOTELS RESORT, VARCA, GOA — New Project Coming Up in Varca, Goa
Hospitality-Led Development Planned for South Goa's Varca Beach
K Raheja Corp, through its hospitality subsidiary Chalet Hotels Limited, has announced plans for a resort development in Varca, South Goa. The project is part of Chalet Hotels' development pipeline and is planned as a resort of approximately 190 keys.
About the Developer
K Raheja Corp started its journey in 1956 with a view towards offering high quality realty solutions to customers. With over six decades of experience, the KRC group has an established track record in the real estate sector, led by Chandru Raheja and his sons Ravi Raheja and Neel Raheja.
The group operates across multiple sectors and asset classes. The group is a well-established real estate developer with a diverse portfolio including commercial, residential, retail, hospitality, and malls, and operates several prominent brands, such as Mindspace Business Parks, Commerzone, Shoppers Stop, Inorbit Malls, and Chalet Hotels. With a strong presence in major cities, including Mumbai, Hyderabad, Pune, and Chennai, the group has developed over 60 msf of commercial, retail, and residential space.
Chalet Hotels' Expansion into Goa Hospitality
Being part of the K Raheja Corp group, one of India's leading real estate developers, Chalet has access to knowledge on infrastructure developments, competence on land acquisitions and benefit from scale of sourcing. Chalet's promoters include Mr. Ravi C. Raheja and Mr. Neel C. Raheja, who have been instrumental in the growth of business and actively advise on finance, corporate strategy and planning for the hotel and commercial businesses. It is ably led by Managing Director & CEO, Dr. Sanjay Sethi who has over three decades of expertise in the hospitality industry.
Chalet Hotels' development pipeline includes a resort of approximately 190 keys at Varca, Goa, alongside other hospitality projects across India. The Varca resort will complement Chalet's existing and planned properties in key locations.
Varca's Appeal as a Resort Destination
Locations witnessing development of luxury vacation rental homes are Benaulim and Varca. Varca enchants travelers with its pristine beaches, lush gardens, and serene coastal vibes, positioning the area as an attractive destination for hospitality development.
Sustainability Commitment
Chalet Hotels Limited commits to achieving Net-Zero Greenhouse Gas Emissions by 2040, aligning with the Paris Agreement's goal to limit global temperature rise to 1.5°C and contributing to the UN Decade on Ecosystem Restoration and Sustainable Development Goals. In line with its commitment to create a greener future, the Company has integrated aspects of ESG across the value chain into its business model, some of these initiatives include protecting the environment, uplifting our communities, and demonstrating rightful business conduct.