TTT NEWS NETWORK
MUMBAI | 17 SEPTEMBER 2026
Indian Hotels Company (IHCL), India’s largest hospitality company, today announced the signing of a Taj hotel in Rameshwaram, Tamil Nadu. This is a greenfield project.
Ms. Suma Venkatesh, Executive Vice President – Real Estate & Development, IHCL, said, “Rameswaram is among India’s most prominent spiritual destinations, attracting travellers from across the country and overseas. With growing infrastructure and improving connectivity, the destination presents significant potential for religious, spiritual, leisure and MICE tourism. We are delighted to partner with Setupuram Hotels & Resorts Private Limited for this project and bring the Taj experience to Rameswaram.”
The 300-key Taj Rameswaram, Tamil Nadu, is being developed across 70 acres in a phased manner and will include a wellness centre. The hotel will feature two speciality restaurants, a bar lounge and a pool bar. For meetings and social gatherings, the hotel will offer spacious banquet venue, convention spaces and meeting rooms. Recreational facilities will include a swimming pool, fitness centre and a spa with multiple treatment rooms.
Mr. Rajesh Jograj Bafna, Director of Setupuram Hotels & Resorts Private Limited said, “We are delighted to partner with IHCL to bring the Taj brand to Rameswaram. This partnership marks an important milestone in our hospitality journey and we look forward to contributing to the region’s tourism potential.”
Located on the mainland with direct beach access and seamless connectivity to NH87, the resort enjoys a strategic location near the iconic Pamban Bridge. Serving as a gateway to Rameswaram, it is within easy reach of the revered Ramanathaswamy Temple, one of the Char Dham pilgrimage sites and among the twelve Yotirlingas. The city is well connected to key regional centres of Madurai and Tiruchirappalli, and is poised to benefit from ongoing infrastructure enhancements across the region. With the expansion of NH87 to 4 lane highway, the redevelopment of the railway station, and the proposed domestic airport in the region, Rameswaram is witnessing improved accessibility, strengthening its appeal as spiritual and leisure destinations.
With the addition of this hotel, IHCL will have 35 hotels in Tamil Nadu, including 16 under development.
About Setupuram Hotels & Resorts Private Limited:
Setupuram Hotels & Resorts Private Limited, promoted by 4 partners, Mr. Ganesh Mahadevan based in Switzerland, Mr. Rajesh Jograj Bafna based in Singapore, Mr. Vinay Aggarwal based in Dubai, and Mr. Rahul Saraogi based Chennai. Over the past two decades, Mr. Mahadevan has steadily assembled the estate, beginning with the beachfront parcel and expanding it to approximately 350 acres. The promoter group includes Mr. Bafna, a Chartered Accountant, Bhinmal Rajasthan origin, Singapore based NRI over 25 years and with a Singapore property portfolio exceeding S$60 million; Mr. Saraogi, Founder & MD of Atyant Capital Advisors, author and promoter of GO Colors; and Mr. Aggarwal, a UAE-based entrepreneur and promoter of the diversified RV Group.
About The Indian Hotels Company Limited:
The Indian Hotels Company Limited (IHCL) and its subsidiaries bring together a group of brands and businesses that offer a fusion of warm Indian hospitality and world-class service. These include Taj – the iconic brand for the most discerning travellers and ranked as World’s Strongest Luxury Hotel Brand 2026 and India’s Strongest Brand 2026 as per Brand Finance; Claridges Collection, a curated set of boutique luxury hotels merging elegance with historical charm; Brij, an experiential leisure offering; Atmantan, one of India’s leading integrated wellness destinations; SeleQtions, a named collection of hotels; Gateway, full-service hotels designed to be your gateway to exceptional destinations; Vivanta, sophisticated upscale hotels; Tree of Life, private escapes in tranquil settings and Ginger, which is revolutionising the mid-scale segment.
Incorporated by the founder of the Tata Group, Jamsetji Tata, the Company opened its first hotel – The Taj Mahal Palace, in Bombay in 1903. IHCL has a portfolio of 660 hotels including 274 in the pipeline globally across 4 continents, 15 countries and over 300 locations. The Indian Hotels Company Limited (IHCL) is India’s largest hospitality company by market capitalization.
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