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Lohono Stays to add 100 villas under affordable luxury segment
Lohono Stays to add 100 villas under affordable luxury segment

Time of India

time30-07-2025

  • Business
  • Time of India

Lohono Stays to add 100 villas under affordable luxury segment

Lohono Stays , a luxury villa hospitality brand, plans to add 100 villas in the affordable luxury category, a senior executive said. Part of the Isprava Group , the villas will feature homes developed by The Chapter, another company of the same group. Explore courses from Top Institutes in Please select course: Select a Course Category Data Science Cybersecurity healthcare Technology Degree Management Data Analytics Data Science PGDM Public Policy Others Design Thinking Digital Marketing CXO MBA Leadership Product Management Healthcare Operations Management Project Management MCA Finance others Artificial Intelligence Skills you'll gain: Duration: 10 Months IIM Kozhikode CERT-IIMK DABS India Starts on undefined Get Details Skills you'll gain: Duration: 10 Months E&ICT Academy, Indian Institute of Technology Guwahati CERT-IITG Prof Cert in DS & BA with GenAI India Starts on undefined Get Details Skills you'll gain: Duration: 30 Weeks IIM Kozhikode SEPO - IIMK-AI for Senior Executives India Starts on undefined Get Details Skills you'll gain: Duration: 11 Months IIT Madras CERT-IITM Advanced Cert Prog in AI and ML India Starts on undefined Get Details Skills you'll gain: Duration: 11 Months E&ICT Academy, Indian Institute of Technology Guwahati CERT-IITG Postgraduate Cert in AI and ML India Starts on undefined Get Details While homes developed by Isprava are listed on Lohono Stays for rent and have an average room rental of ₹12,000–15,000 per night, under Lohono Luma , the average room rent will be ₹8,000–10,000. 'Since most of the homes will be 3BHK, the average rent for a villa per night will be ₹25,000, which will open the brand to a broader category. However, there will be no compromise on the level of service, as we will continue to cater to the traveller seeking luxury,' said Dhimaan Shah, Executive Director & Co-CEO, Isprava Group (Isprava, Lohono Stays, The Chapter). The Chapter has acquired over 100 acres across key holiday locations. The first project is spread over 2.25 acres adjacent to the Moira River in north Goa's Aldona locality. 'Millennials and Gen Zs are changing the dynamics of luxury spending, where it's no longer restricted to just the affluent. With villas and amenities crafted to exacting standards, Luma ensures that every guest enjoys the essence of luxury that defines the Lohono experience—even at an accessible price point,' said Nibhrant Shah, Managing Director & Co-CEO, Isprava Group (Isprava, Lohono Stays, The Chapter). Lohono Stays has a portfolio of over 275 villas across 12 domestic and five international destinations, including Goa, Alibaug, Lonavala, Srinagar, Mussoorie, and Coonoor, as well as the Maldives, Phuket, Bali, and Koh Samui. Isprava Group had raised nearly ₹200 crore in a funding round led by London Stock Exchange-listed Symphony International Holdings to support its plan to increase its footprint across India.

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