• Ventive Hospitality Ltd
VENTIVE (NSE)

About Us

At Ventive Hospitality, our goal is to redefine hospitality by creating memorable experiences that embody excellence and sustainability.

A premier division of Panchshil Realty, Ventive Hospitality stands at the forefront as a visionary owner, developer and asset manager of luxury & business hotels and resorts. With a strong foothold in Pune and Maldives, we are recognized for curating remarkable experiences defined by landmark properties, sustainable practices, and strategic growth.

Our commitment to excellence is portrayed across every stage of the asset lifecycle, from pre-development to ongoing operations, ensuring innovation and quality at each step. Ventive Hospitality’s portfolio boasts an impressive collection of 11 fully operational hotels and resorts, with 2 additional properties currently under development. Complementing our hospitality offerings, we manage 3.4 million sq. ft. of commercial and retail spaces, strategically located near our hospitality assets to maximize value and convenience.

At Ventive Hospitality, our mixed-use developments are a blend of elevated luxury hospitality and highly efficient and convenient workspaces. This helps create vibrant, diverse, and exclusive communities featuring incomparable amenities and high-end finishes and where office spaces complement hospitality. With strategic vision and impeccable design, our projects are where work thrives and leisure and recreation is unparalleled.

Hotels & Resorts

India:

Operational
  • JW Marriott, Pune
  • The Ritz-Carlton, Pune
  • DoubleTree by Hilton, Pune
  • Courtyard by Marriott, Pune
  • Marriott Suites, Pune
  • Oakwood Residence, Pune
  • Aloft Bengaluru Outer Ring Road
  • Aloft Bengaluru Whitefield
Under development
  • Varanasi Hotel

Overseas:

Operational
  • Raaya by Atmosphere, Maldives
  • Conrad Maldives Rangali Island
  • Anantara Maldives
Under development
  • Sri Lanka Hotel

Office Parks & Retail

  • Business Bay
  • ICC Offices
  • Panchshil Tech Park, Hinjawadi
  • The Pavillion

At Ventive Hospitality, our mixed-use developments are a blend of elevated luxury hospitality and highly efficient and convenient workspaces. This helps create vibrant, diverse, and exclusive communities featuring incomparable amenities and high-end finishes and where office spaces complement hospitality. Through strategic vision—and design at the heart of our properties—our projects are prestigious where work thrives and leisure and recreation is unparalleled. 

Hotels & Resorts

Overseas:

Operational
  • Raaya by Atmosphere, Maldives
  • Conrad Maldives Rangali Island
  • Anantara Maldives
  • Aloft Bengaluru Outer Ring Road
Under development
  • The Ritz-Carlton Reserve, Sri Lanka
  • Aloft Bengaluru Outer Ring Road

India:

Operational
  • JW Marriott 
  • The Ritz-Carlton
  • DoubleTree by Hilton, Pune – Chinchwad
  • Courtyard by Marriott, Pune Hinjewadi
  • Marriott Suites
  • Oakwood Residence, Naylor Road, Pune
Under development
  • Aloft Bengaluru Whitefield
  • Aloft Bengaluru Outer Ring Road
  • Marriott Varanasi
Office Parks & Retail
  • ICC Tech Park 
  • ICC Trade Tower
  • Panchshil Tech Park, Hinjawadi
  • Business Bay
  • The Pavillion (Retail)

Mission

To own and develop a diverse portfolio of premium hotel assets, in collaboration with globally recognized hospitality brands, to deliver exceptional guest experiences.

We are committed to creating lasting value for our stakeholders by expanding our presence  in India and internationally while forging partnerships that set new benchmarks for luxury and business accommodations.

Vision

Our vision brings together global impact, luxury, partnerships, and commitment. We aim to create a value-driven, globally recognized portfolio of world-class properties, in partnership with renowned international hotel brands, and deliver exceptional hospitality experiences while generating value through responsible real estate developments. 

Core Values

Our commitment to excellence drives us to create extraordinary experiences distinguished by quality, and impeccable design. Through strategic global partnerships, we set new benchmarks in both luxury and business accommodations. Our dedication to sustainable growth is evident in our innovative designs and eco-friendly practices. We elevate guest experiences while fostering community engagement, creating a positive global impact.

  • 2002
  • 2007
  • 2009
  • 2010
  • 2012
  • 2013
  • 2016
  • 2017
  • 2019
  • 2023
  • 2024
Background Image

Launched ICC (International Convention Centre) on Senapati Bapat Road, Pune

Background Image

Launched Oakwood Residence - the first internationally-branded serviced residence on Naylor Road, Pune

Background Image
  • Launched Courtyard by Marriott in Hinjawadi, Pune
  • Launched Oakwood Premier in Koregaon Park Annexe, Pune
Background Image

Launched Pune Marriott Hotel and Convention Centre on Senapati Bapat Road, Pune

Background Image

Pune Marriott Hotel crossed 100 crores in revenue within 2 years of inauguration

Background Image
  • Launched DoubleTree by Hilton in Pune - Chinchwad
  • Upgraded Pune Marriott Hotel and Convention Centre to JW Marriott Hotel Pune

 

Background Image

Re-branded Oakwood Premier to Marriott Suites

 

Background Image

Launched The Pavillion (retail) on Senapati Bapat Road, Pune

Background Image
Launched The Ritz-Carlton on Golf Course Square, Airport Road, Pune
Background Image
Acquired Brownfield Hotel in Varanasi, Uttar Pradesh, and Aloft Bengaluru Whitefield Hotel in Karnataka
Background Image
  • Launched Raaya by Atmosphere in Maldives
  • Completed the acquisition transaction pursuant to which our company directly/indirectly acquired - Aloft ORR Bengaluru, Anantara Maldives and Conrad Maldives

Key Management

Atul Chordia

Executive Director

Tuhin Parikh

Non-Executive Director

Nipun Sahani

Non-Executive Director

Bharat Khanna

Non-Executive Independent Director

Thilan M Wijesinghe

Non-Executive Independent Director

Punita Sinha

Non-Executive Independent Director

Ranjit Batra

CEO

Paresh Bafna

CFO

Santosh Kolekar

Executive Construction

Zarina Chinoy

General Counsel

Pradip Bhatambrekar

Compliance Officer and Company Secretary

Awards & Recognition

2024_a
2024_b
2024_c
2024_d
2024_e
2023_a
2023_b
2023_c
2023_d
2023_e
2023_f
2022_a
2022_b
2022_c
2022_d (2)
2022_d
2021_a
2021_b
2021_c
2020_a
YKIYO 2024
ZA9A0759
ZA9A0764
ZA9A0766
ZA9A0796
ZA9A0800
ZA9A0808
ZA9A0812
ZA9A0742
ZA9A0750
ZA9A0754
award
2024
2023_a
2023_b
2022_a
2022_b
2022_c
2019_a
2019_b
2019_c
2019_d
2019_f
2018
2020_a
2021_a
2022_a
2023_a
2024_a
2024_b
2024_a
2022_a
2022_b
2018_a
2017_a
2016_a
2014_a
2024
2023
2022
2019 a
2019 b
2017 a
2017 b
2017 c
2017 d
2015 a
2015 b
2024 a
2023 a
2022 a
2022 b
2021 a
2021 b
2021 c
2020 a
2020 b
2019 a
2019 b
2019 c
2019 d
2019 e
2019 f
2018 a
2018 b
2018 c
2017 a
2017 b
2015
2015 b
2023
204
2023
2023
BB 2015
THE PAVILLION BEST RETAIL 2019

About Blackstone Group

Blackstone is one of the world's leading investment firms that seek to create positive economic impact and long-term value for its investors, the companies it invests in, and the communities in which it works. Blackstone's global business platform encompasses private equity and real estate funds, hedge fund solutions, and credit funds. The company has nearly 2,300 employees in 25 offices worldwide.

About Panchshil

Panchshil Realty is India’s leading real estate mixed-use developer, renowned for their iconic and award-winning luxury real estate projects. Since 2002, Panchshil has successfully delivered over 31 million sq. ft. of prime real estate, with 21 million sq. ft. under development across multi-asset classes in India, Sri Lanka, and the Maldives.

 

Panchshil has played a significant role in putting Pune on the world map and added to its growing global identity through its portfolio that includes high-end residential developments, IT parks, built-to-suit office spaces, and special economic zones (SEZ), hotels, convention centres, luxury retail malls, and landmark hospitality developments. A recipient of multiple awards in luxury homes and office space development, its portfolio of architecturally significant properties, from innovative ground-up developments to revitalized landmarks that define skylines in India includes yoopune by Philippe Starck; Trump Towers Pune, EON Free Zone, Kharadi; the International Convention Centre , South Asia’s largest trade and convention centre, and World Trade Center Pune. 

 

With a proven track record of developing, and managing high-end real estate assets, Panchshil is renowned and trusted for its excellent design, superb infrastructure, luxury hospitality and service amenities, and commitment to sustainability and philanthropy.

Collaborating with prominent global partners such as JW Marriott, The Ritz-Carlton, Raaya by Atmosphere, Oakwood, World Trade Centers Association, YOO, The Trump Organization and more, Panchshil’s developments have redefined luxury in the city. Panchshil’s marquee developments include The Ritz-Carlton Pune, JW Marriott Pune, Business Bay, Trump Towers Pune, World Trade Center Pune, The Pavillion Mall and an award-winning built-to-suit office campus for Cummins India amongst others.

A recipient of multiple awards in property development, Panchshil’s 360° approach covers everything from planning, construction, architectural design and services to infrastructure development, automation and facility management.

Quick Links

Get In Touch

Corporate and Registered Office

Tech Park One,
Tower D, 191 Yerwada,
Pune 411 006. India

info@ventivehospitality.com
+9120 6906 1900

Fax: +9120 6906 1901
info@ventivehospitality.com

 

GST – 27AABCI2357N1ZA

CIN – L45201PN2002PLC143638

Ventive Hospitality Limited formerly known as Ventive Hospitality Private Limited ( Formerly known as  ICC Realty (India) Private Limited.) 

© 2024 Ventive, All Rights Reserved

Atul Chordia

Atul I. Chordia is the Chairman and Executive Director of our company. He has completed his first year of the bachelor’s degree in commerce from the Ness Wadia College of Commerce, Pune. He has over 31 years of experience in the real estate sector. He has received the Hoteliers Award – Developer of the Year 2019-2020, the Asia One-World’s Greatest Leaders Award 2017 -2018, Eminent Wadian Award for the year 2024 by Modern Education Society, and the Times of India—Real – Real-estate Icons of Pune Award, 2022.

Tuhin Parikh

Tuhin Parikh is the Non-Executive Nominee Director of our Company. He holds a bachelor’s degree in commerce from Mumbai University and a postgraduate diploma in management from the Indian Institute of Management, Ahmedabad. He was on the board of directors of TCG Urban Infrastructure Holdings Limited from 2002 to 2007. He has been employed by Blackstone Advisors India Private Limited since January 15, 2007, and is currently the senior managing director and head of real estate in India. He is a non-executive director on the board of Embassy Office Parks Management Services Private Limited (i.e. the manager of Embassy Office Parks Real Estate Investment Trust).

Nipun Sahni

Nipun Sahni is the Non-Executive Nominee Director of our Company. He holds a bachelor’s degree in Commerce from University of Delhi, and a master’s degree in Commerce from University of Delhi.  He is a Co-Chair of the Real Estate Committee at IVCA (Indian Venture & Alternate Capital Association). He has previously served on several committees including FICCI, CII, RICS, and USIBC.  Prior to joining our Company, he was associated with Apollo Global Management as an advisor, with Bank of America Merril Lynch as a Partner, and with GE Capital India as a Managing Director. He is currently also serving on the board of Multi TV Technology.

Bharat Khanna

Bharat Khanna is an Non-Executive Independent Director of our Company. He holds a Bachelor of Science degree in Hotel Administration from the School of Hotel Administration at Cornell University. He has approximately 20 years of experience in the real estate sector. He is currently a Managing Director and Head of India at BGO, a global real estate investment management advisor and provider of real estate services. He has previously served as an Executive Managing Director at Och-Ziff Asia Real Estate, Executive Director and Head of India at Morgan Stanley Real Estate Fund and as Vice President-Finance with Khanna Hotels Private Limited.

Thilan Manjith Wijesinghe

Thilan Manjith Wijesinghe is an Non-Executive Independent Director director of our Company. He holds a bachelor’s degree in business administration from State University of New York, U.S.A., and a bachelor’s degree in science and arts from Cornell University, U.S.A. Previously, he has been associated with Overseas Realty (Ceylon) PLC and National Agency for Public-Private Partnership of the Ministry of Finance. He is also on the board of directors of MJF Leisure and TW Corp (Pvt) Ltd.

Punita Kumar Sinha

Punita Kumar Sinha is the Non-Executive Independent Director of our Company. She holds a bachelor’s degree in chemical engineering with distinction from Indian Institute of Technology, Delhi, and a master’s degree in business administration from Drexel University. Previously, she was associated Senior portfolio manager with CIBC World Markets. She was also associated with Blackstone as Senior Managing Director and as Head and Chief Investment Officer with Blackstone Asia Advisors. She has previously chaired the CFA Institute’s Investment sub-committee. She has previously served as an Independent Director on the board of Infosys, JSW Steel, and the board of Mobikwik.