Bengaluru, June 17: Himalia Prime Assets, an asset development and management platform focused on a diversified pool of real estate assets including but not limited to Residential, Resorts and Commercial Office and Retails spaces backed by private equity investment firm Jupiter Capital, has announced the acquisition of Our Native Village – a sustainability-driven eco-resort located next to Hesaraghatta grasslands, on the outskirts of Bengaluru. With the recently concluded transaction, Himalia Prime Assets Private Limited now owns 100% the property, marking the company’s foray into Bengaluru’s hospitality market, alongside taking a meaningful step forward in its broader expansion plans.
The resort’s proximity to Central Bengaluru gives it a strong commercial potential, and Himalia expects the asset to meaningfully strengthen the company’s revenue top-line and operating margins within a short timeframe. 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.
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 ₹25 crore towards upgrading and enhancing the resort’s offerings and operational capabilities, and aims to increase its inventory from 24 to 40 keys. The company has partnered with Niraamaya Life – a luxury wellness brand – to manage the day-to-day operations at this resort.
Speaking about the acquisition, Vamsi Sai, Chief Executive Officer, Himalia Prime Assets Private Limited said, “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. Our Native Village Eco Resort embodies all these values, and its strong connection with nature and focus on enabling wellness, sustainability and authentic guest experiences make it a natural fit within Himalia’s growing portfolio. This acquisition marks 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. Going ahead, we see tremendous opportunity in and around Bengaluru and the wider South Indian market, where we shall continue to expand aggressively in the near future.”
With the latest addition of Native Village Eco Resort, 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.
The acquisition of this resort aligns with Himalia’s strategy and mission to acquire and develop wellness-centred, eco-friendly properties that offer a sense of conscious luxury – places where comfort, sustainability, and connection to nature coexist. It also represents the first of several planned moves by Himalia to bring a diverse mix of hospitality and lifestyle assets into its fold over the coming years.