| Real Estate Development | Development and sale of luxury residential and commercial properties. | Strategic land bank in high-growth regions, brand recognition in luxury segment, strong local development expertise. | Primarily B2C homebuyers and investors in luxury real estate. | Luxury residential towers and township projects. | 66 | 95 | Revenue primarily through sales of residential and commercial units upon project completion. | One-time sales revenue based on unit area and amenities. | Urban luxury housing demand, infrastructure growth in Pune and Panvel, government housing initiatives. | Belmac Residences, Belmac Riverside, Upcoming Belmac Codename |
| Hospitality | Development and operation of luxury hotel and related support services. | Strategic partnerships with global hotel operators, premium location in Pune, integrated mixed-use developments. | B2B and B2C customers including business and leisure travelers. | Five-star luxury hotel operations and management. | 4 | 5 | Hotel room bookings, hospitality services, and long-term lease/licensing revenue. | Room and service charges, possibly long-term contracts with hotel operators. | Rising tourism, business travel in Pune; luxury hospitality demand growth; tie-ups with global brands like IHG. | Five-star hotel with Intercontinental Hotel Group (IHG) |
