IHCL teams up with MGM Healthcare to build a luxurious 180-key Taj hotel on 52 acres near Puducherry's White Town. Boasting the region's largest 10,700 sq. ft. banquet hall, beachfront lawns, J Wellness Circle, and fine dining options, this greenfield project elevates luxury hospitality amid rising tourism demand.
In 2025, Puducherry's rental scene highlights stark contrasts: luxury villas via Airbnb fetch 8-10% ROI, outpacing apartments' 6-8%. Coastal spots shine with INR 494K revenue at 38% occupancy, boosted by tourism and remote workers. Investors eye villas for better returns.
Marutham Group launches its first venture, Marutham Gateway, in Pettah, offering 2 & 3-bedroom apartments with numerous amenities. The Chennai-based group has projects across South India and a reputation for timely delivery.