Updates

Ambuja Neotia Holds First Handover Event at Urvisha – The Condoville, New Town

Ambuja Neotia celebrated the first handover event at Urvisha – The Condoville in New Town, Kolkata, marking the delivery of the project's initial units to homebuyers.

Ambuja Neotia appoints Ruma Banerjee as Whole Time Director of Healthcare Vertical

The Board of Ambuja Neotia Healthcare Venture Limited has appointed Ruma Banerjee as Whole Time Director while she continues in her role as Chief Operating Officer. The dual appointment, announced a day after Parthiv Neotia's elevation to MD, reflects a broader leadership strengthening of the healthcare vertical.

Ambuja Neotia Healthcare Venture to develop first multispecialty hospital in Kolkata at Taratala

Ambuja Neotia Healthcare Venture Limited (ANHVL) has confirmed plans to develop its first multispecialty hospital in Kolkata, located at Taratala, as part of its broader ambition to build a 2,500-bed healthcare network across Eastern India. The announcement builds on its existing network of women-and-child and fertility facilities.

Parthiv Neotia appointed Managing Director of Ambuja Neotia Healthcare Venture Limited

Ambuja Neotia Healthcare Venture Limited has elevated Parthiv Neotia from Joint Managing Director to Managing Director, placing him in charge of the Group's entire healthcare vertical. The appointment signals an accelerated push on clinical expansion and patient-centric care across Eastern India.

Ambuja Neotia launches Tower Chaturthi at Utpalaa The Condoville, Anandapur

Ambuja Neotia has launched the fourth tower — Tower Chaturthi — at its premium residential project Utpalaa The Condoville in Anandapur, Kolkata. The project, registered under WBRERA/P/KOL/2025/002427, spans 10.5 acres off EM Bypass near Ruby Crossing.

Harshavardhan Neotia hails West Bengal BJP government's first Budget as 'growth as an ecosystem'

Ambuja Neotia Group Chairman Harshavardhan Neotia publicly welcomed West Bengal's first BJP-led state Budget presented on 22 June 2026, praising its ecosystem-wide approach to growth. The Budget's focus on infrastructure, industrialisation, and land reform was seen as positive for the real estate and hospitality sectors.

Ambuja Neotia Healthcare Venture wins 'Most Impactful Healthcare Initiative of the Year – 2026' at Global CSR & ESG Awards for Project Dhadkan

Ambuja Neotia Healthcare Venture Limited was honoured with the 'Most Impactful Healthcare Initiative of the Year – 2026' award at the Global CSR & ESG Awards 2026 held on 8 May 2026 at Hyatt Regency, New Delhi. The award recognised Project Dhadkan, the group's CSR initiative for children with Congenital Heart Disease.

Ambuja Neotia Hospitality Rebrands UNO Pizzeria and Grill as 'The Oven Diner'

Ambuja Neotia Hospitality has rebranded its UNO Pizzeria and Grill outlets into a new global-cuisine dining concept called 'The Oven Diner', as announced in the group's May 2026 newsletter.

CARE Ratings reaffirms credit rating for Ambuja Neotia Hotel Ventures Limited with Positive Outlook

CARE Ratings issued a press release in April 2026 reaffirming the credit rating of Ambuja Neotia Hotel Ventures Limited (ANHVL), citing satisfactory financial performance in FY25 and 9MFY26, improving occupancy and RevPAR, and continued group support. The outlook was maintained as Positive.

Ambuja Neotia Utpalaa wins at Economic Times Award for Design & Creativity 2026 for IoT-enabled Architectural Scale Model

Ambuja Neotia's luxury residential project Utpalaa, off EM Bypass in Kolkata, was recognised at the Economic Times Award for Design & Creativity 2026. The project's IoT-enabled interactive architectural scale model — developed by Mayabious Group — won 1 Gold and 3 Bronze awards at the prestigious national competition.

Ambuja Neotia launches DHADKAN CSR program for pediatric cardiac care

Ambuja Neotia Group unveiled DHADKAN, a flagship CSR program offering fully funded pediatric cardiac procedures for underprivileged children with congenital heart disease through its Neotia Bhagirathi Woman and Child Care Centre in New Town.

Fox & Mandal advises Ambuja Neotia on formal GMDA land allotment for Guwahati hospital and hotel project

Law firm Fox & Mandal advised Ambuja Neotia Healthcare Venture Limited and Ambuja Neotia Hotel Ventures Ltd on the formal allotment of a 2.88-acre land parcel by the Guwahati Metropolitan Development Authority (GMDA) for the group's integrated ₹700 crore healthcare and hospitality project in Guwahati.

Ambuja Neotia to develop 300-bed multi-speciality hospital in Guwahati

Ambuja Neotia announced plans for a Rs 700 crore integrated healthcare and hospitality project in Guwahati with 300-bed multi-speciality hospital following Assam government approval.

Assam government approves Ambuja Neotia's Rs 700 crore Guwahati healthcare-hospitality project

Assam government approves Ambuja Neotia's integrated Rs 700 crore healthcare and hospitality project in Guwahati, featuring a 300-bed multi-specialty hospital and premium 4+ star hotel at Fancy Bazar.

Ambuja Neotia plans integrated ₹700 crore healthcare and hospitality project in Guwahati

Ambuja Neotia announced plans for a ₹700+ crore integrated healthcare and hospitality project in Guwahati featuring a 300-bed multispecialty hospital and premium 4+ star hotel on 2.88 acres at Fancy Bazar.

Apeejay & Luxmi Tea to develop Park-brand hotel in Siliguri

Apeejay Surrendra Park Hotels and Luxmi Tea announced plans to develop a new hospitality property under The Park brand in Siliguri with 100 rooms, marking the brand's expansion in North Bengal.

Ambuja Neotia partners with Apeejay Surrendra for Park Unizen project

Apeejay Surrendra Park Hotels and Ambuja Neotia launched The Park Unizen, a 69-unit hospitality-integrated serviced residence project on EM Bypass, Kolkata.

Ambuja Udyatt secures WBRERA registration (WBRERA/P/KOL/2026/003902) ahead of launch

Ambuja Udyatt, Ambuja Neotia's luxury high-rise residential project at Chingrighata near Beliaghata, Kolkata, has received its West Bengal RERA registration bearing number WBRERA/P/KOL/2026/003902. The project offers 3 & 4 BHK residences across a G+31 tower with 95 exclusive units, priced at approximately ₹4.50 crore onwards, with possession targeted for November 2030.

Ambuja Neotia conferred 'Most Trusted Developer in Eastern India' at ABP Live India Infrastructure Conclave 2026

Ambuja Neotia was awarded 'Most Trusted Developer in Eastern India' at the ABP Live India Infrastructure Conclave 2026, held in New Delhi. The award was presented by Shri Nitin Gadkari, Union Minister for Road Transport.

AQUILAW Advises Ambuja Neotia on Land Acquisition in New Town, Kolkata

Law firm AQUILAW advised the Ambuja Neotia Group on a land acquisition deal in New Town, Kolkata, according to a legal dealstreet report published in January 2026.

NCLT approves Ambuja Neotia's acquisition of stalled Usshar project

Ambuja Housing and Urban Infrastructure Company Ltd (AHUICL) secured NCLT approval to acquire and complete the stalled Usshar residential project at Batanagar near Kolkata for Rs 34 crore.

Ambuja Neotia Eyes Untapped Luxury Markets, Redefines Success

Strategic positioning article indicating Ambuja Neotia Group's focus on luxury market expansion and business redefinition as of December 17, 2025.

Ambuja Neotia appoints Subhashish Das as Group CHRO

Ambuja Neotia Group appointed veteran HR leader Subhashish Das as Group Chief Human Resources Officer to drive HR strategy and cultural transformation across the conglomerate's diversified businesses.

Ambuja Neotia to invest ₹1,600–1,800 crore in five new healthcare facilities

Ambuja Neotia Group announced plans to establish five new healthcare facilities over the next four to five years with investment of ₹1,600–1,800 crore. Three hospitals will be in West Bengal, with expansion into Chhattisgarh, Bihar, and Assam.

Ambuja Neotia unveils paediatric multispecialty centre in New Town

Neotia Bhagirathi Woman and Child Care Centre inaugurates new paediatric multispecialty centre in New Town, expanding total bed capacity to 220 beds with advanced paediatric subspecialties.

Ambuja Neotia and IHCL explore joint hospitality co-investment

IHCL and Ambuja Neotia Group are exploring joint investment opportunities to expand hospitality partnerships beyond West Bengal into neighbouring regions.

IHCL signs 15-hotel agreement with Ambuja Neotia Group

Indian Hotels Company (IHCL), Taj's parent, has signed an agreement with Ambuja Neotia Group to develop 15 new hotels across West Bengal, Sikkim, and Himachal Pradesh, expected to reach over 40 hotels in partnership.

Ambuja Neotia Holdings revenue Rs 1,380 crore for FY 2024-25

Ambuja Neotia Holdings reported revenue of Rs 1,380 crore for fiscal year ending March 31, 2025, with a 30% year-over-year CAGR and 327% EBITDA CAGR growth.

Ambuja Neotia commits Rs 15,000 crore investment in West Bengal over 5 years

Ambuja Neotia Group announced Rs 15,000 crore investment in West Bengal over next five years, including Rs 1,500 crore for healthcare with five new hospitals, Rs 2,700 crore for luxury hospitality with Taj Hotels, Rs 5,000 crore golf township, and Rs 6,500 crore for residential-commercial projects.