Shree Naman Group has acquired JW Marriott Bengaluru for ₹1,611 crore as part of a larger ₹1,800-crore hospitality deal. The acquisition, completed on 1 October 2026 after NCLT approval, strengthens the group's presence in Bengaluru and marks a major step in its plan to grow to at least 2,500 rooms over the next five years.
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Shree Naman Group has completed the acquisition of JW Marriott Bengaluru for ₹1,611 crore. This deal is part of a larger ₹1,800-crore hospitality transaction that also covers a property in Pune. The National Company Law Tribunal (NCLT) approved the acquisition on 3 September 2026, and the deal was completed on 1 October 2026 through a competitive bidding process. This move adds a prestigious international brand to the group's growing hospitality portfolio.
With this acquisition, Shree Naman Group now operates five hotels across Mumbai, Bengaluru, and Pune, offering approximately 1,000 rooms in total. The group has three more hospitality projects in the pipeline, expected to add around 650 to 700 rooms. Looking ahead, the company aims to build a portfolio of at least 2,500 rooms within the next five years through hotel acquisitions, greenfield developments, and mixed-use hospitality projects. The JW Marriott Bengaluru deal is a key part of this long-term vision.
Key facts about the acquisition at a glance, along with the reasons this deal stands out.
| Project | Shree Naman JW Marriott |
|---|---|
| Location | Bengaluru, Karnataka |
| Developer | Shree Naman Group |
| Hospitality Brand | JW Marriott |
| Type | Luxury and Premium Hospitality Properties |
| Status | Upcoming |
| Total Acquisition Value | ₹1,800 crore |
| JW Marriott Bengaluru Value | ₹1,611 crore |
| NCLT Approval | 3 September 2026 |
| Acquisition Completion | 1 October 2026 |
| Acquisition Process | Competitive Bidding |
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Shree Naman Group's acquisition of JW Marriott Bengaluru is valued at ₹1,611 crore, forming the largest part of a ₹1,800-crore hospitality deal that also includes a property in Pune. The transaction was completed through a competitive bidding process approved by the National Company Law Tribunal. This section breaks down the key financial details of the deal.
| Property | Location | Value (₹) | |
|---|---|---|---|
| JW Marriott Bengaluru | Bengaluru, Karnataka | ₹1,611 crore | |
| Pune Property | Pune, Maharashtra | Part of ₹1,800 crore deal |
The main cost of acquiring the JW Marriott Bengaluru hotel and its operations.
The deal includes the right to operate under the JW Marriott brand and continue the hotel's existing operations.
The hotel's rooms, public spaces, and other facilities are part of the overall acquisition.
The deal was cleared by the National Company Law Tribunal after a competitive bidding process.
Advisory, legal, and other costs linked to completing the acquisition are included in the total value.
Planned improvements and brand-standard upgrades may form part of the group's post-acquisition plans.
*Financial figures are indicative and based on publicly announced deal values. Please contact our team for the latest official details.
Shree Naman Group currently operates five hotels across Mumbai, Bengaluru, and Pune, with about 1,000 rooms. The JW Marriott Bengaluru acquisition adds a major luxury brand to this portfolio, and three more hospitality projects are in the pipeline.
~1,000 Rooms
Cities: Mumbai, Bengaluru, Pune
The group's existing hotels provide a strong base across three key Indian cities, serving both business and leisure travellers.
650–700 Rooms
Target: At least 2,500 rooms in 5 years
These upcoming projects will help the group grow its room count and expand into new markets over the next few years.
*Figures are based on the group's publicly stated plans and may change as projects progress.
Shree Naman Group's growth plan combines hotel acquisitions, greenfield developments, and mixed-use hospitality projects. The aim is to reach at least 2,500 rooms within five years while maintaining a strong presence in key Indian cities.



A clear look at how the group plans to grow its hospitality business over the next five years.

The roadmap shows how Shree Naman Group intends to grow from its current base of about 1,000 rooms to at least 2,500 rooms within five years. It combines acquisitions like the JW Marriott Bengaluru deal with new builds and mixed-use developments.
The plan shown is indicative. Detailed project timelines and locations are announced by the group from time to time and can be shared on request.
The JW Marriott Bengaluru acquisition brings a globally recognised luxury brand into the Shree Naman Group portfolio, adding to its existing presence across Mumbai, Bengaluru, and Pune.
Luxury Rooms
Premium Dining
Spa & Wellness
Swimming Pool
Fitness Center
Event Spaces
Business Center
Lounge & Bar
Concierge Services
Sustainable Practices
The JW Marriott brand is known worldwide for its high standards of service, comfort, and attention to detail. Bringing this brand into the Shree Naman Group portfolio adds a strong luxury option in Bengaluru, a city that attracts business travellers and tourists throughout the year.
These hospitality highlights reflect the quality and scale that Shree Naman Group is building across its hotel business. From premium dining and wellness facilities to event spaces and business services, the group's properties are designed to meet the needs of modern travellers. The focus on sustainable practices also shows a commitment to responsible growth.
Bengaluru is one of India's leading business and technology centres. The city is home to major IT companies, start-ups, and corporate offices, which creates steady demand for premium hotels. JW Marriott Bengaluru sits in this dynamic market, giving Shree Naman Group a strong foothold in a city that attracts business travellers, tourists, and event organisers all year round. The city's international airport, metro network, and major roads make it easy for guests to reach the hotel from different parts of Bengaluru and beyond. For a hospitality brand like JW Marriott, this connectivity is a key advantage. Bengaluru also has a rich cultural and social scene, with fine dining, shopping, and entertainment options spread across the city. This mix of business and lifestyle makes it an ideal location for a luxury hotel. The demand for quality hospitality in Bengaluru remains strong, which supports long-term growth for the group's investment.
~35 km
~8 km
~5 km
~18 km
Within easy reach
~6 km
Distances are approximate and may vary by route and traffic.
The JW Marriott Bengaluru property is an established luxury hotel. Here is what is known about the asset, and what to look for in the official deal documents.
| Brand | JW Marriott, a globally recognised luxury hospitality brand |
|---|---|
| Location | Bengaluru, Karnataka |
| Type | Luxury hotel with rooms, dining, event spaces, and wellness facilities |
| Acquisition Value | ₹1,611 crore (part of a ₹1,800-crore deal) |
| Approval | National Company Law Tribunal, 3 September 2026 |
| Completion | 1 October 2026 |
| Process | Competitive bidding |
| Group Portfolio | Five operating hotels across Mumbai, Bengaluru, and Pune |
The acquisition is complete. Here is a look at the key milestones and what comes next for the property.
The acquisition was carried out through a competitive bidding process.
The National Company Law Tribunal approved the deal on 3 September 2026.
The acquisition was completed on 1 October 2026.
The group continues to expand its hospitality portfolio, with three more projects in the pipeline.
Acquisition status is based on publicly available information. Please confirm the latest updates with our team before making any decisions.
Key dates to note regarding the JW Marriott Bengaluru acquisition and the group's expansion plans.
Timelines are based on publicly announced information and are subject to change as the group's plans progress.
The acquisition received approval from the National Company Law Tribunal (NCLT), giving the deal a regulated and transparent framework.
The National Company Law Tribunal approved the acquisition on 3 September 2026. The process was carried out through competitive bidding, and the deal was completed on 1 October 2026. The official approval documents can be shared on request.
Our team will provide the relevant legal and project documents during the process. We recommend independent legal and financial verification before you commit.
Shree Naman Group is a Mumbai-based business group founded in 1993 by Jayesh Shah. With over three decades of experience, the company has built a strong presence in residential real estate, commercial properties, and redevelopment projects. According to its company profile, the group has delivered more than 5 million square feet of prime real estate. Its notable developments include Naman Midtown, Naman Centre, Naman Residency, Naman Premier, and Naman Habitat. The group focuses on quality construction, practical designs, and projects in prominent locations across Mumbai.
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In addition to real estate, Shree Naman Group has expanded into hospitality, healthcare, food and beverages, financial services, and travel. Its hospitality portfolio includes Sofitel Mumbai BKC, which offers 302 rooms, and Lemon Tree Hotel Kalina, with 63 rooms. The group also operates Namaha Healthcare, a multispecialty hospital in Mumbai with 101 beds. Through its presence in multiple industries, Shree Naman Group continues to expand its business portfolio while contributing to Mumbai's residential, commercial, hospitality, and healthcare sectors.
The JW Marriott Bengaluru acquisition offers a strong opportunity to be part of a growing hospitality portfolio. Bengaluru's status as a business and technology hub creates steady demand for premium hotels. The deal is backed by NCLT approval, a clear acquisition process, and a group with a proven track record in hospitality. Whether you are an investor or a partner, this project offers a mix of brand strength, location advantage, and long-term growth potential.
Located in Bengaluru, a leading business and travel hub.
Part of the globally recognised JW Marriott network.
Backed by Shree Naman Group's hospitality experience.
Luxury rooms, dining, wellness, and event spaces.
Close to the airport, metro, and major business districts.
NCLT-approved acquisition for transparency and trust.
Part of a plan to reach at least 2,500 rooms in five years.
This is a recent acquisition, so there are no investor reviews yet. Here is a fair summary of what stands out, and what to verify before you decide.
We do not publish unverified ratings or testimonials. Ask our team to connect you with the group for first-hand information.
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