2 weeks ago
Sindhudurg Luxury Hotel Project Advances After 32-Year Stalemate
Sindhudurg is expected to get its first five-star hotel.
The hotel will be built in the coastal villages of Shiroda and Velagar.
The plan began in 1994 but was delayed for 32 years.
Local landowners had disagreed with earlier compensation arrangements.
They later formed a cooperative society to represent their interests.
Indian Hotels Company Limited, the Maharashtra Tourism Development Corporation and the landowners’ society have now signed an agreement.
The company will pay landowners ₹1.44 crore per hectare.
The agreement also promises local hiring and hospitality training.
These measures are intended to help nearby families benefit from the resort.
A tripartite agreement clears the way for Sindhudurg’s first five-star hotel project.
Indian Hotels Company Limited will develop a resort across 54.40 hectares in Shiroda and Velagar.
Landowners will receive ₹1.44 crore per hectare, with a total settlement outlay of ₹60 crore.
The project was proposed in 1994 but faced compensation disputes, bureaucracy, transport limitations and ecological concerns.
The agreement includes hiring priority and hospitality training for eligible project-affected people and local residents.
- Who
- The Maharashtra Tourism Development Corporation, Indian Hotels Company Limited and the Shirorda-Velagar Landowners’ Co-operative Society Ltd.
- What
- They signed an agreement for Indian Hotels Company Limited to develop a luxury resort and settle land compensation.
- Where
- The resort will be built across 54.40 hectares in Shiroda and Velagar, in Maharashtra’s Sindhudurg district.
- When
- The agreement was signed on Tuesday; the proposal dates to 1994, with key approvals given in December 2025, April and June.
- Why
- The agreement resolves longstanding land acquisition and compensation issues and enables development of the delayed resort.
Key facts
- Project
- Luxury resort planned as Sindhudurg’s first five-star hotel
- Location
- Shiroda and Velagar, Sindhudurg district, Maharashtra
- Land area
- 54.40 hectares
- Landowner payment
- ₹1.44 crore per hectare
- Total settlement
- ₹60 crore, paid in three phases
- First phase
- ₹34.41 crore for 23.88 hectares identified as Plot-B1
- Local benefits
- Hiring priority for eligible project-affected people and residents, plus vocational hospitality training
Sources
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