Advani Hotels Discloses Caravela Asset Worth ₹982 Crore in Independent Valuation

Board adopted conservative valuation reports for Caravela Beach Resort Goa as of March 31, 2026. The asset's fair value was fixed at 829 Cr on an as-is basis and 982 Cr considering the under-construction banquet space. The 'Caravela' brand was valued at 81.9 Cr. The expansion project represents ~20 Cr capex and is expected to be operational by FY 2027.