Shree Naman Crowne Plaza - A premium luxury hospitality project in Pune

Shree Naman Crowne Plaza, Pune

Shree Naman Crowne Plaza is an upcoming luxury hospitality property in Pune, acquired by Shree Naman Group for ₹189 crore. This is part of a larger ₹1,800-crore portfolio acquisition that includes properties in Bengaluru. The deal, approved by the NCLT on 3 September 2026, marks a major step in the group's expansion.

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LuxuryHospitality Property
₹189 CrPune Acquisition Value
Oct 2026Acquisition Complete
NCLTApproved

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Shree Naman Crowne Plaza Overview

Shree Naman Crowne Plaza is a significant new addition to Pune's luxury hospitality landscape. The property was acquired by Shree Naman Group as part of a major portfolio deal valued at ₹1,800 crore, which also includes hotels in Bengaluru. The Crowne Plaza Pune acquisition alone was completed for ₹189 crore. This strategic move expands the group's presence in a key Indian market and strengthens its position in the premium hospitality segment.

The acquisition process was conducted through a competitive bidding route and received final approval from the National Company Law Tribunal (NCLT) on 3 September 2026. The deal was officially completed on 1 October 2026. This project is a core part of Shree Naman Group's vision to grow its portfolio to at least 2,500 rooms over the next five years. The group currently operates 5 hotels across Mumbai, Bengaluru, and Pune, with approximately 1,000 rooms.

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₹1,800 CrTotal Acquisition Value
₹189 CrPune Property Value
1 Oct 2026Acquisition Date
NCLTApproved

Shree Naman Crowne Plaza Project Highlights

Key facts about the project and the group's broader hospitality portfolio.

ProjectShree Naman Crowne Plaza
LocationPune, Maharashtra
DeveloperShree Naman Group
TypeLuxury & Premium Hospitality
StatusUpcoming
Total Acquisition Value₹1,800 crore
Pune Acquisition Value₹189 crore
NCLT Approval Date3 September 2026
Acquisition Completion1 October 2026
Group's Operating Hotels5 Hotels
Group's Operating CitiesMumbai, Bengaluru, Pune
Existing Room Inventory~1,000 Rooms
Upcoming Projects3 Projects
Upcoming Room Inventory~650–700 Rooms
Future Portfolio TargetAt least 2,500 Rooms in 5 Years

Key USPs

  • Part of a large ₹1,800-crore hospitality acquisition
  • Strategic entry into the Pune hospitality market
  • Acquisition approved by the NCLT
  • Strong presence with 5 operating hotels across 3 cities
  • Clear expansion plan to reach 2,500 rooms in 5 years
  • Focused on hotel acquisitions and greenfield developments
  • Managed by an experienced hospitality group
  • Premium Crowne Plaza brand association
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Shree Naman Crowne Plaza Acquisition Details

Shree Naman Group's acquisition of the Crowne Plaza in Pune is a major part of its ₹1,800-crore portfolio deal. The Pune property was acquired for ₹189 crore. The entire deal was finalised through a competitive bidding process and completed on 1 October 2026, after receiving NCLT approval on 3 September 2026. This acquisition is a key move in the group's strategy to expand its luxury hospitality footprint across India.

Acquisition DetailValue / Date
Total Portfolio Acquisition Value₹1,800 crore
Crowne Plaza Pune Acquisition Value₹189 crore
NCLT Approval Date3 September 2026
Acquisition Completion Date1 October 2026

Understanding the Investment Value

Total Deal Value

The combined value of the hospitality portfolio acquisition, which includes properties in Pune and Bengaluru.

Pune Property Value

The specific acquisition cost for the Crowne Plaza property located in Pune, Maharashtra.

NCLT Approval

The official approval from the National Company Law Tribunal, which was granted on 3 September 2026.

Deal Completion

The date on which the acquisition was officially completed and the property was transferred, which was 1 October 2026.

Strategic Growth

This acquisition is a core part of the group's plan to expand to a portfolio of at least 2,500 rooms.

Competitive Bidding

The acquisition was secured through a competitive bidding process, highlighting the group's commitment to growth.

All financial figures and dates are based on official announcements from Shree Naman Group and regulatory filings.

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Shree Naman Group Portfolio & Growth Plan

The acquisition of Shree Naman Crowne Plaza is a key part of Shree Naman Group's ambitious expansion plan. The group currently operates 5 hotels in 3 major cities with about 1,000 rooms. It has 3 upcoming projects that will add another 650–700 rooms. The long-term goal is to build a portfolio of at least 2,500 rooms within the next five years.

Current Portfolio

5 Operating Hotels

~1,000 Rooms

Cities: Mumbai, Bengaluru, Pune

A strong existing network of hospitality properties across three of India's most important cities.

  • Established presence in key metro markets
  • Approximately 1,000 rooms in operation
  • Diverse portfolio of hospitality assets
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Future Growth

3 Upcoming Projects

~650–700 Rooms

Target: 2,500 Rooms in 5 Years

A clear roadmap for growth through new hotel acquisitions, greenfield developments, and mixed-use projects.

  • Expansion into new and existing markets
  • Addition of 650–700 premium rooms
  • Aims to reach at least 2,500 rooms by 2031
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All portfolio data is based on the latest available information from Shree Naman Group.

Shree Naman Crowne Plaza Gallery

Visuals of the luxury hospitality experience planned for Shree Naman Crowne Plaza. These images are representative of the premium quality and design standards.

Shree Naman Crowne Plaza - Luxury hotel exterior and architecture in Pune

Hotel Exterior

Shree Naman Crowne Plaza - Premium room interior with modern amenities

Premium Rooms

Shree Naman Crowne Plaza - Elegant lobby and common area design

Lobby & Common Areas

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Shree Naman Crowne Plaza Master Plan

An overview of the planned layout for the luxury hospitality property in Pune.

Shree Naman Crowne Plaza - Master plan for the luxury hospitality property in Pune

Planned for a Premium Guest Experience

The master plan provides an insight into the planned facilities and layout of Shree Naman Crowne Plaza. It is designed to offer a world-class experience with premium amenities and services, reflecting the standards of the Crowne Plaza brand.

The plan shown is indicative. Detailed architectural plans and final layouts are proprietary and can be shared on request through our team.

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Shree Naman Crowne Plaza Amenities

As a luxury hospitality property, Shree Naman Crowne Plaza is expected to offer a full range of premium amenities for guests, including dining, wellness, and business facilities.

Shree Naman Crowne Plaza - Landscaped outdoor spaces and gardens

Landscaped Gardens

Shree Naman Crowne Plaza - 24/7 security and guest safety services

24/7 Security

Shree Naman Crowne Plaza - Dedicated play area for children

Kids Play Zone

Shree Naman Crowne Plaza - Premium clubhouse and guest lounge

Premium Lounge

Shree Naman Crowne Plaza - State-of-the-art fitness center and gym

Fitness Center

Shree Naman Crowne Plaza - Outdoor swimming pool for relaxation

Swimming Pool

Shree Naman Crowne Plaza - Sports and recreation facilities for guests

Sports Facilities

Shree Naman Crowne Plaza - On-site cafe and dining options

Dining & Cafe

Shree Naman Crowne Plaza - Jogging tracks and walking paths

Jogging Track

Shree Naman Crowne Plaza - Sustainable and eco-friendly practices

Sustainable Design

As part of the Crowne Plaza brand, the property is expected to provide a high standard of hospitality. Guests can look forward to well-appointed rooms, dining options, and spaces for business and events. Wellness facilities like a fitness center and pool are typically part of the experience, along with dedicated services for a comfortable stay.

These amenities at Shree Naman Crowne Plaza are designed to create a balanced and convenient experience for all guests. From landscaped gardens that offer a quiet escape to community spaces that bring people together, every detail aims to enhance the quality of your stay. The property will also focus on sustainability with eco-friendly features.

Key Amenities at Shree Naman Crowne Plaza

  • Gated property with 24/7 security and CCTV surveillance
  • Landscaped parks and open green spaces for relaxation
  • Dedicated children's play area with safe equipment
  • Spacious clubhouse for events and community activities
  • Modern gymnasium and fitness center
  • Outdoor swimming pool for guests
  • Jogging tracks and walking trails
  • Sports courts for tennis, badminton, and more
  • Ample parking space for guests and visitors
  • Reliable power backup and water supply systems

Shree Naman Crowne Plaza Location & Connectivity – Pune, Maharashtra

Pune is a major city in Maharashtra, known for its rich history, educational institutions, and growing business environment. It is a key market for the hospitality industry, attracting both business and leisure travellers. The city offers excellent connectivity through its airport, railway network, and roadways. For a luxury hotel like Shree Naman Crowne Plaza, a well-connected location is essential. Pune's thriving IT parks, manufacturing hubs, and cultural attractions create a steady demand for premium accommodation. The city's pleasant climate and vibrant lifestyle make it a popular destination. This makes the Crowne Plaza Pune acquisition a strategic move for Shree Naman Group. It positions the brand to capture a significant share of the city's hospitality market and benefit from its long-term growth.

Key Distances & Connectivity

Pune Airport

Well connected

Pune Railway Station

Major hub

Business Districts

Close proximity

Mumbai-Pune Expressway

Excellent access

Metro Network

Expanding reach

City Center

Easily accessible

Nearby Landmarks

  • Top educational institutions and universities
  • Major IT parks and corporate offices
  • Shopping malls and entertainment zones
  • Historical and cultural attractions

Strategic Advantages

  • Strong connectivity to key business districts
  • Growing demand for premium hospitality
  • Established social infrastructure

For Investors & Partners

  • Strategic location for high occupancy rates
  • Potential for strong revenue growth
  • Part of an expanding hospitality portfolio

Distances are approximate and may vary by route and traffic.

Shree Naman Crowne Plaza Specifications

As a luxury property under the Crowne Plaza brand, the project is expected to meet high standards of design, construction, and guest services. The full specification sheet is not yet public, but here is what to expect.

Brand StandardsPremium Crowne Plaza brand
Guest RoomsWell-appointed, modern rooms
Public AreasElegant lobby and lounges
DiningMultiple food and beverage options
WellnessFitness center and pool
Business FacilitiesMeeting and event spaces
SustainabilityEco-friendly practices
Security24/7 security and surveillance

What to expect from the property

  • High-quality construction and finishes
  • Contemporary interior design
  • State-of-the-art amenities and technology
  • Efficient service and guest management systems
  • Safe and secure environment
  • Compliance with brand and industry standards
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Shree Naman Crowne Plaza Project Status

The acquisition of Shree Naman Crowne Plaza is complete. This is the current status of the project and the group's expansion plans.

Competitive Bidding

The acquisition process was carried out through a competitive bidding route.

NCLT Approval

Approval was granted by the National Company Law Tribunal (NCLT) on 3 September 2026.

Acquisition Complete

The acquisition was officially completed on 1 October 2026.

Future Development

The group plans 3 upcoming projects with ~650-700 rooms, targeting 2,500 rooms in 5 years.

Project stages and timelines are as communicated by the developer and may change. Please confirm the latest status before making any decisions.

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Shree Naman Crowne Plaza Timeline

Key dates for the project and the group's expansion strategy.

1 October 2026Acquisition Completed

Key milestones and future plans

  • NCLT approval was received on 3 September 2026.
  • The acquisition was completed on 1 October 2026.
  • The group's 3 upcoming projects will add 650–700 rooms.
  • The target is to reach at least 2,500 rooms in the next 5 years.

All timelines are based on official announcements and are subject to change.

Shree Naman Crowne Plaza Approvals & Legal

The acquisition of Shree Naman Crowne Plaza has received the necessary regulatory approvals, including clearance from the NCLT.

NCLT Approval: Completed

The acquisition received approval from the National Company Law Tribunal (NCLT) on 3 September 2026. The process was conducted through competitive bidding and was successfully completed on 1 October 2026.

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Documents related to the acquisition

  • NCLT approval order
  • Acquisition completion documents
  • Details of the competitive bidding process
  • Portfolio and financial details of the deal
  • Group's expansion strategy documents

Our team can provide relevant public information and documents related to the acquisition. We recommend independent verification for any financial or legal decision.

About Shree Naman Group – The Developer

Shree Naman Group is a Mumbai-based real estate developer established in 1993 by Mr. Jayesh Shah. With over 30 years of industry experience, the group develops residential apartments, commercial office spaces, and mixed-use properties. It has delivered more than 5 million square feet of prime real estate, according to its official company profile. Some of its notable developments include Naman Midtown, Naman Centre, Naman Residency, Naman Premier, and Naman Habitat. The group focuses on quality construction, thoughtful design, and redevelopment projects in prime Mumbai locations. ...
Beyond real estate, Shree Naman Group has diversified into hospitality, healthcare, food and beverages, financial services, and travel. Its hospitality portfolio includes Sofitel Mumbai BKC, a five-star hotel with 302 rooms, and Lemon Tree Hotel Kalina, featuring 63 rooms. The group has also expanded into healthcare through Namaha Healthcare, a 101-bed multispecialty hospital in Mumbai. With operations across multiple business sectors and a strong presence in Mumbai, Shree Naman Group continues to develop residential and commercial spaces while expanding its wider business portfolio.

Shree Naman Group official logo

Why Invest in Shree Naman Crowne Plaza

The acquisition of Shree Naman Crowne Plaza presents a compelling opportunity in the growing Indian hospitality market. The project is backed by a group with a clear growth strategy, a strong portfolio, and a commitment to expanding its presence. Pune's status as a key economic and cultural hub adds to the potential. With a target of 2,500 rooms in five years, the group is on a solid growth path. For investors and partners, this project represents a chance to be part of a dynamic and expanding hospitality business.

Strategic Location

Located in Pune, a major and growing Indian city.

Growth Potential

Part of a plan to reach 2,500 rooms in 5 years.

Strong Developer

Backed by Shree Naman Group's hospitality experience.

Premium Brand

Association with the globally recognized Crowne Plaza.

Expanding Portfolio

Adds to 5 operating hotels across 3 cities.

NCLT Approved

The acquisition has received official clearance.

Business Strategy

Focused on acquisitions and greenfield projects.

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Shree Naman Crowne Plaza Reviews

As an upcoming project, there are no guest reviews yet. Here is a look at the key strengths and points to verify.

What stands out

  • A major ₹1,800-crore acquisition by a growing hospitality group
  • Strategic entry into the Pune market
  • NCLT approval and a completed acquisition process
  • Clear plan to expand to a 2,500-room portfolio in 5 years

What to verify before investing

  • Detailed financial performance of the property
  • Full portfolio details and the status of upcoming projects
  • Brand standards and management agreements
  • Market analysis of Pune's hospitality sector

We do not publish unverified ratings or testimonials. Ask our team for more information or to connect you with the developer for first-hand details.

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How to Partner with Shree Naman Group?

Simple Process

  • Share your interest: Fill out the form or contact us to express your interest.
  • Explore the portfolio: Learn about the 5 operating hotels and 3 upcoming projects.
  • Review the details: We can provide details on the acquisition, portfolio, and growth plans.
  • Discuss opportunities: Talk to our team to understand potential investment or partnership options.
  • Get a clear picture: Receive transparent information about the project and the group.
  • Connect with the developer: We can facilitate a direct conversation with Shree Naman Group.
Partnership process for Shree Naman Crowne Plaza
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Explore Beyond Shree Naman Crowne Plaza?

Discover other Shree Naman upcoming projects in Pune, offering premium apartments, villas, plotted developments, and commercial spaces in prime locations.

Shree Naman Crowne Plaza – Frequently Asked Questions

Shree Naman Crowne Plaza is a premium hospitality acquisition by Shree Naman Group in Pune. It is part of a larger ₹1,800-crore deal that includes properties in Bengaluru and Pune.
The Crowne Plaza property is located in Pune, Maharashtra. The city is a key market for business and leisure travel, making it a strategic addition to the group's portfolio.
The project is developed by Shree Naman Group, a hospitality company with five operating hotels across Mumbai, Bengaluru, and Pune.
The total acquisition value is ₹1,800 crore. The Crowne Plaza Pune acquisition alone is valued at ₹189 crore.
The acquisition was completed on 1 October 2026, after receiving approval from the National Company Law Tribunal (NCLT) on 3 September 2026.
The project is an upcoming luxury hospitality property. The acquisition is complete, and the property is being integrated into the group's portfolio.
Shree Naman Group currently operates 5 hotels across 3 cities—Mumbai, Bengaluru, and Pune—with a total inventory of approximately 1,000 rooms.
The group plans to add 3 upcoming hospitality projects with approximately 650–700 rooms. The long-term goal is to reach a portfolio of at least 2,500 rooms within the next 5 years.
The growth strategy focuses on hotel acquisitions, greenfield developments, and mixed-use hospitality projects to expand the portfolio.
The acquisition was carried out through a competitive bidding process and received final approval from the National Company Law Tribunal (NCLT).
As a new acquisition, there are no guest reviews yet. We recommend gathering more information from the developer and independent sources before making any decisions.
Fill out the enquiry form or contact our team directly. We will be happy to provide all the details you need.

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Disclaimer

This website is an independent information and enquiry platform for new-launch residential projects in India. It is not the official website of the developer, and nothing on this website constitutes an offer, invitation or contract of sale. Project details, prices, specifications, floor plans, amenities and timelines are indicative, compiled from developer-shared material and public sources, and are subject to change without notice. Buyers are advised to verify the RERA registration, approved plans and project documents on the official RERA website before booking.

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