NSEPress Release6d ago · 14 Aug 2026, 04:28 pm
Press Release
Juniper Hotels Limited · JUNIPER
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Juniper Hotels Limited plans to invest Rs 850 crore to develop a luxury 5-star hotel in New Delhi, adding approximately 550 keys to its Delhi portfolio, which will take the total to nearly 1,000 keys.
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Juniper Hotels Limited has informed the Exchange regarding a press release dated August 14, 2026, titled "Juniper Hotels to Invest Rs 850 Crore to Develop Landmark Luxury Hotel in New Delhi".
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JHL/SJ/2026/60 August 14, 2026
National Stock Exchange of India Limited BSE Limited,
Exchange Plaza, Corporate Relationship Department
Bandra Kurla Complex, Phiroze Jeejeebhoy Towers,
Bandra (East), Dalal Street, Fort,
Mumbai - 400 051 Mumbai - 400 001
Symbol: JUNIPER Scrip Code: 544129
Subject: Media Release on – Juniper Hotels to Invest Rs 850 Crore to Develop Landmark
Luxury Hotel in New Delhi
Dear Sir/Madam,
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,
2015 (“SEBI Listing Regulations”), we refer to the Company’s disclosure dated March 03, 2026 and
August 12, 2026, please find attached a Media Release titled “Juniper Hotels to Invest Rs 850 Crore to
Develop Landmark Luxury Hotel in New Delhi”.
This intimation is also being made available on the website of the Company at www.juniperhotels.com.
This is for your information, record and appropriate dissemination.
Thanking You,
For Juniper Hotels Limited
Sandeep L. Joshi
Company Secretary and Compliance Officer
Encl: a/a
Juniper Hotels Limited (Formerly known Registered Office Address: off Western complianceofficer@juniperhotels.com
as Juniper Hotels Private Limited) Express Highway, Santacruz (East) 022-66761000/1012
CIN: L55101MH1985PLC152863 Mumbai, Maharashtra 400055, India www.juniperhotels.com
MEDIA RELEASE
Juniper Hotels to Invest Rs 850 Crore to Develop Landmark Luxury Hotel in New Delhi
• Signs licence deed with DDA for a ~550-key luxury hotel overlooking India's longest golf course.
• Strategically located hotel with proximity to important convention and exhibition venues.
• Takes the Company's Delhi portfolio to nearly 1,000 keys.
August 14, 2026: Juniper Hotels Limited ("Juniper/”Company"), will develop a luxury 5-star hotel in
Sector 23, Dwarka, Delhi, adding approximately 550 keys, involving a capital expenditure of around INR
850 crore. Upon completion, Juniper's presence in New Delhi is expected to expand to approximately
1,000 keys, further strengthening its position in one of India's most important hospitality markets.
The Company executed a licence deed with the Delhi Development Authority (DDA), through its wholly
owned subsidiary, Juniper Hospitality Assets Private Limited, in the presence of Shri Taranjit Singh
Sandhu, the Honourable Lieutenant Governor of Delhi.
The hotel will enjoy a prime location overlooking the DDA Dwarka Golf Course, the country's longest 18-
hole golf course, designed by renowned golf course architects Phil Ryan and Paul Reeves. This unique
setting is expected to enhance the property's appeal to premium leisure and business travelers seeking
world-class hospitality experiences. The hotel is targeted for completion by 2030.
Strategically located, the hotel will be in proximity to Yashobhoomi Convention Centre, one of the largest
convention and exhibition venues in India and Asia by area, as well as the Dwarka Sports Complex. The
property is also expected to be among the first hotels positioned to serve the upcoming Diplomatic
Enclave proposed opposite the hotel site, placing it at the heart of a rapidly emerging business,
convention and diplomatic hub in New Delhi.
With the addition of the new Delhi hotel and completion of its ongoing development projects, Juniper
Hotels is expected to have a portfolio of 12 hotels, while the Company continues to evaluate inorganic
opportunities to achieve its milestone of doubling its key count to approximately 3,900 keys by FY2030-
Juniper’s portfolio is anchored in India’s most dynamic economic centres and powerful hospitality
markets, including Mumbai, New Delhi, Ahmedabad, Lucknow and Bengaluru. Its presence places the
Company at the heart of the country’s deepest corporate, premium leisure and MICE demand. Juniper is
one of India's leading hotel development and ownership companies, with a portfolio of seven operating
hotels comprising 1,895 keys, including 245 serviced apartments. The Company is opening Westin,
Bengaluru with 235 rooms in October, 2026. It has 5 other greenfield projects under various stages of
development.
These high-quality premium hospitality assets are strategically located across key destinations in India,
reflecting Juniper's focus on developing and operating premium hotels and delivering exceptional guest
experiences in partnership with globally recognized hospitality brands.
This expansion underscores Juniper's commitment to disciplined and strategic growth across key
hospitality markets in India. Through this robust development pipeline and focus on premium assets, the
Company aims to double its room inventory and EBITDA by FY2030-31, further strengthening its
position as one of India's leading hospitality ownership platforms.
Juniper Hotels Limited (Formerly known Registered Office Address: off Western complianceofficer@juniperhotels.com
as Juniper Hotels Private Limited) Express Highway, Santacruz (East) 022-66761000/1012
CIN: L55101MH1985PLC152863 Mumbai, Maharashtra 400055, India www.juniperhotels.com
About Juniper Hotels Limited
Juniper Hotels Limited is a listed hotel ownership and development company with strategic partnership
between Saraf Hotels and Hyatt Hotels Corporation.
The Company has established a strong track record of conceptualising, developing and owning landmark
hospitality assets across key business and leisure destinations in India. Its portfolio currently comprises
seven operational assets and 5 under construction assets.
Juniper has played a pioneering role in shaping India’s modern hospitality landscape, including the
introduction of the mixed-use hotel development model with the opening of Grand Hyatt Mumbai in
2004. The model brings together multiple revenue streams — including guestrooms, serviced residences,
extensive food and beverage offerings, meeting facilities and large-scale Meeting and Event spaces —
within a single integrated destination.
Through its strategic growth roadmap, Juniper aims to double its room inventory and EBITDA by
FY2030–31. The Company remains focused on disciplined capital allocation, operational excellence,
selective expansion and the creation of sustainable long-term value for its guests, partners and
shareholders.
Juniper Hotels Limited (Formerly known Registered Office Address: off Western complianceofficer@juniperhotels.com
as Juniper Hotels Private Limited) Express Highway, Santacruz (East) 022-66761000/1012
CIN: L55101MH1985PLC152863 Mumbai, Maharashtra 400055, India www.juniperhotels.com