Introduces first-of-its-kind Hospitality Investment Plan (HIP), a structured investment model combining real estate ownership with professionally managed hospitality operations

A 200-key hospitality-led mixed-use development by CLS in partnership with Arista Developers,and Alivaa Hotels & Resorts

Pune, Maharashtra, 15th July, 2026: Curated Living Solutions (CLS), a DivyaSree Group
company and one of India’s leading managed living platforms, today announced the launch
of its first hospitality-led mixed-use development in Pune, marking the company’s strategic entry into hospitality-focused real estate. The ₹200 crore development includes a 200-key hospitality project, premium retail, and branded residences, and is being developed in the Koregaon Park Annexe corridor in East Pune.
The project is being jointly developed by CLS and Arista Developers, a Pune-based real
estate company with over two decades of experience, and will be professionally operated by Alivaa Hotels & Resorts under a long-term master lease arrangement.
The announcement marks another milestone in CLS’s expansion strategy following the
successful launch of Codename EMI in Balewadi, reinforcing the company’s growing
presence in Pune’s evolving real estate market.
Located in Mundhwa, adjoining Koregaon Park, the development enjoys connectivity to
Kharadi, Magarpatta City, Hadapsar, Kalyani Nagar, Viman Nagar, EON IT Park, World Trade Center Pune and Pune International Airport. Designed to cater to the city’s growing base of business travellers, consultants, expatriates and long-stay corporate guests, the project combines hospitality infrastructure with retail and branded residences within a
professionally managed mixed-use ecosystem.
As part of the launch, CLS also introduced its first-of-its-kind Hospitality Investment Plan
(HIP), its proprietary investment framework that seeks to make professionally managed
hospitality assets more accessible to investors. Under the HIP model, investors own
hospitality units while day-to-day hotel operations, guest services, revenue management, maintenance and brand operations are managed by Alivaa Hotels & Resorts.
The project follows a Build–Sell–Leaseback model and is supported by a long-term 29-year
master lease, including a 12-year lock-in period, offering investors a professionally managed ownership experience while eliminating operational responsibilities.
The launch comes at a time when East Pune is witnessing sustained growth in corporate
travel, Global Capability Centres (GCCs), IT services, consulting firms and extended-stay
business demand. The corridor encompassing Koregaon Park, Kharadi, Magarpatta and
Hadapsar has emerged as one of Pune’s strongest hospitality markets, creating demand for professionally managed accommodation and institutional-grade hospitality assets.
Speaking on the occasion, Mr. Jai Kishan Challa, Founder & CEO, Curated Living Solutions
Pvt. Ltd., said,
“CLS has always focused on identifying emerging real estate opportunities
driven by changing consumer behaviour and market demand. Hospitality is now evolving into
one of the most promising real estate asset classes in India. With this project, we are
entering the hospitality sector through a professionally managed mixed-use development that combines hospitality, retail and branded residences within a single ecosystem.
At the same time, we are introducing the Hospitality Investment Plan (HIP), our structured investment framework that enables investors to participate in professionally managed
hospitality assets without the complexities of operating them. We believe this model aligns
with the evolving expectations of today’s investors, who increasingly seek professionally
managed, income-generating real estate opportunities.”
Commenting on the partnership, Mr. Vijay Advani, Director, Arista Developers, said, “East
Pune has transformed into one of India’s most vibrant commercial corridors, creating
sustained demand for high-quality hospitality infrastructure. Our partnership with CLS brings together strong local development expertise and institutional project planning to deliver a landmark mixed-use development that responds to the changing needs of both investors and business travellers.”
Mr. Vikramjit Singh, Founder & CMD, Alivaa Hotels & Resorts, added, “Professionally
managed hospitality assets are becoming increasingly important as guest expectations
continue to evolve. Our role is to ensure operational excellence across every aspect of the development, from guest experience and occupancy generation to revenue optimisation and service delivery. We are pleased to partner with CLS and Arista Developers in creating a
professionally managed hospitality destination that sets new benchmarks for the sector.”
The development further strengthens CLS’s expanding managed living portfolio, which today comprises more than 13,000 managed beds across student housing, co-living, industrial housing and managed residential assets in major cities including Pune, Mumbai, Bengaluru, Delhi and other key markets.
With its first hospitality-led mixed-use development in Pune, CLS aims to create an
institutional-quality hospitality ecosystem while introducing a professionally managed
investment model that reimagines how individuals participate in India’s growing hospitality real estate sector.
About Curated Living Solutions Pvt. Ltd.
Curated Living Solutions Pvt. Ltd. (CLS) is a leading managed living platform focused on
developing and operating institutional-quality real estate assets across student housing, co-
living, industrial housing, and managed residential communities. The company develops professionally managed accommodation solutions for students, professionals, businesses,and investors across India’s major cities.

About Arista Developers.
Arista Developers Pvt. Ltd. is a Pune-based real estate developer established in 2005, with
expertise across residential, commercial, luxury housing, and IT developments. With over 600,000 sq. ft. of delivered real estate, the company is committed to quality construction,
thoughtful design, efficient engineering, and transparent business practices, creating
developments that deliver long-term value to customers and stakeholders.
About Alivaa Hotels & Resorts.
Alivaa Hotels & Resorts is an upscale hospitality brand focused on delivering professionally managed hotel experiences through contemporary design, personalized service, and operational excellence. With a growing portfolio across India, the brand is committed to creating quality hospitality destinations that cater to both business and leisure travellers
while maintaining consistent service standards and guest experiences.