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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.

KB Home Announces a Rare Opportunity to Own a New Townhome-Style Condo in a Prime San Francisco East Bay Location
KB Home Announces a Rare Opportunity to Own a New Townhome-Style Condo in a Prime San Francisco East Bay Location

Yahoo

time21-02-2025

  • Business
  • Yahoo

KB Home Announces a Rare Opportunity to Own a New Townhome-Style Condo in a Prime San Francisco East Bay Location

The Chapter offers new, spacious, townhome-style condominiums close to highly ranked schools and walking distance to the Castro Valley BART station, priced from low $1M. CASTRO VALLEY, Calif., February 21, 2025--(BUSINESS WIRE)--KB Home (NYSE: KBH), one of the largest and most trusted homebuilders in the U.S., today announced the grand opening of The Chapter, a rare opportunity to own a new home in a highly desirable Castro Valley, California location. These new homes are designed for the way people live today, with popular interior features like modern kitchens overlooking great rooms, bedroom suites with walk-in closets, and ample storage space. The community's three-story floor plans feature up to four bedrooms and four baths. Several floorplans will have the advantage of ADUs (accessory dwelling units), which include a kitchen, bathroom and laundry — and are ideal for multi-gen families, college students or additional rental income. Small business owners will also appreciate the available live/work units that allow them to operate their business from home. Additionally, The Chapter is close to schools and walking distance to the Castro Valley BART station. On-site amenities include bike racks, a park, bike repair station and open space. What sets KB Home apart is the company's focus on building strong, personal relationships with every customer, so they have a real partner in the homebuying process. Every KB home is uniquely built for each customer, so no two KB homes are the same. Their home comes to life in the KB Home Design Studio, a one-of-a-kind experience where customers get both expert advice and the opportunity to select from a wide range of design choices that fit their style and their budget. Reflecting the company's commitment to creating an exceptional homebuying experience, KB Home is the #1 customer-ranked national homebuilder based on homebuyer satisfaction surveys from a leading third-party review site. "We are pleased to offer San Francisco–area homebuyers a rare opportunity to own a spacious, new townhome-style condo in a prime Castro Valley location," said Oren Hershkovich, Regional General Manager of KB Home. "The Chapter, situated in the heart of the East Bay, is walking distance to the Castro Valley BART station and near popular shopping, dining, entertainment and highly ranked schools. Homeowners will appreciate the planned on-site amenities, which include bike racks, a park, bike repair station and open space. At KB Home, we're here to help you achieve your dream with a personalized new home built uniquely for you and your life." Innovative design plays an essential role in every home KB builds. The company's floor plans inspire contemporary living, with a focus on roomy, light-filled spaces that have easy indoor/outdoor flow. KB homes are engineered to be highly energy and water efficient and include features that support healthier indoor environments. They are also designed to be ENERGY STAR ® certified — a standard that fewer than 12% of new homes nationwide meet — offering greater comfort, well-being and utility cost savings than new homes without certification. The Chapter is situated in a commuter-friendly location that offers homebuyers an exceptional lifestyle. The new community is located at the corner of Castro Valley Boulevard and Norbridge Avenue close to Interstates 580, 880 and 680, providing easy access to Oakland International Airport and major employment centers in the Tri Valley, Peninsula and San Jose/Silicon Valley. Homeowners will appreciate the proximity to shopping, dining and entertainment in downtown Castro Valley as well as being adjacent to the Castro Valley Library. The Chapter is also just minutes from popular outdoor recreation, including hiking and mountain biking at Chabot Regional Park and Cull Canyon Regional Recreation Area. The Chapter sales office and model homes are open for walk-in visits and private in-person tours by appointment. Homebuyers also have the flexibility to arrange a live video tour with a sales counselor. Pricing begins from low $1M. For more information on KB Home, call 888-KB-HOMES or visit About KB Home KB Home is one of the largest and most trusted homebuilders in the United States. We operate in 47 markets, have built over 680,000 quality homes in our more than 65-year history, and are honored to be the #1 customer-ranked national homebuilder based on third-party buyer surveys. What sets KB Home apart is building strong, personal relationships with every customer and creating an exceptional experience that offers our homebuyers the ability to personalize their home based on what they value at a price they can afford. As the industry leader in sustainability, KB Home has achieved one of the highest residential energy-efficiency ratings and delivered more ENERGY STAR® certified homes than any other builder, helping to lower the total cost of homeownership. For more information, visit View source version on Contacts Craig LeMessurier, KB Home925-580-1583clemessurier@ Sign in to access your portfolio

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