NSEPress Release1 Jul 2026 · 1 Jul 2026, 03:17 pm
Press Release
Taj GVK Hotels & Resorts Limited · TAJGVK
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Taj GVK Hotels & Resorts Limited has received the Occupancy Certificate for its luxury hotel, Taj Yelahanka, in Bengaluru. The hotel is expected to begin operations in the coming months and will benefit from Bengaluru's strong demand for corporate travel, MICE activities, and growing leisure traffic.
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Earnings Impact6/10
Growth Catalyst8/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment8/10
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Taj GVK Hotels & Resorts Limited has informed the Exchange regarding a press release dated July 01, 2026, titled "Press Release".
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PRESS RELEASE
For immediate publication
Taj GVK receives Occupancy Certificate for Taj Yelahanka in Bengaluru
Hyderabad, July 01st, 2026: Taj GVK Hotels and Resorts Ltd (Taj GVK) (BSE: 532390, NSE:
TAJGVK), a renowned name in the hospitality sector, has received the Occupancy Certificate from the
Karnataka Industrial Areas Development Board.
Located in North Bengaluru, Taj Yelahanka, will be a 256-key luxury hotel. The hotel is likely to begin
operations in the coming months, with its scheduled opening by September 2026.
The property is expected to benefit from Bengaluru’s strong demand for corporate travel, MICE
activities, and growing leisure traffic.
In addition to the existing 3-acre site, the Company has an adjacent 4-acre land parcel that may be
developed as part of Phase II of the project making the entire project a landmark destination in the
Yelahanka micro market.
Commenting on the update, Mr. Krishna Bhupal, Joint Managing Director of Taj GVK Hotels
and Resorts Ltd, said, "We are pleased to share that we have received the Occupancy Certificate from
the Karnataka Industrial Areas Development Board for Taj Yelahanka, which is in an advanced stage
of completion. Subsequent to this, we are in the process of applying for all other ancillary licences and
approvals required to make the hotel operational within our proposed deadlines.”
About Taj GVK Hotels & Resorts Ltd
TAJGVK Hotels & Resorts Ltd (NSE: TAJGVK | BSE: 532390) is a renowned name in the hospitality
sector. TAJGVK portfolio includes Taj Krishna, Hyderabad, Taj Deccan, Hyderabad, Taj Club House,
Chennai, Taj Chandigarh and Vivanta Hyderabad, Begumpet and the upcoming Taj Yelahanka in
Bengaluru. The Company also co-owns Taj Santacruz, Mumbai through its subsidiary Company, Green
Woods Palaces and Resorts Private Limited
Safe Harbour
Statements in this document relating to future status, events, or circumstances, including but not limited
to statements about plans and objectives, the progress and results of research and development, potential
project characteristics, project potential and target dates for project related issues are forward-looking
statements based on estimates and the anticipated effects of future events on current and developing
circumstances. Such statements are subject to numerous risks and uncertainties and are not necessarily
predictive of future results. Actual results may differ materially from those anticipated in the forward
looking statements. The company assumes no obligation to update forward-looking statements to reflect
actual results, changed assumptions or other factors.
For Further Information, please contact:
Company
Taj GVK Hotels and Resorts Ltd Limited
CIN L40109TG1995PLC019349
Mr. Krishna R Bhupal
Joint Managing Director
Email id: tajgvkshares.hyd@tajhotels.com
Tel No: +91 40 66293664