Assotech Realty partners with Atmosphere Core for Rs 200 crore all-suite property in Shirdi
Assotech Realty is developing a new all-suite hotel in Shirdi. The company is investing Rs 200 crore in this project. Atmosphere Core will manage the property. This development aims to meet the growing demand for structured tourism in temple towns...
Assotech Realty, promoted by Neeraj Gulati, plans to invest Rs 200 crore in developing the project, which will feature 160 suites measuring 45 square metres each.
Temple towns are gradually transitioning into structured tourism ecosystems supported by modern infrastructure, improved connectivity, and professionally managed hospitality offerings.
Shirdi, as a famous temple town, attracts approximately 25 million devotees annually. With improved road connectivity, airport access, and regional infrastructure investments, Shirdi is emerging as a more organised tourism destination where spiritual travel intersects with hospitality, wellness, and leisure.
“Shirdi has always held immense spiritual significance. Infrastructure development, improved connectivity and rising domestic tourism are collectively shaping the town into a well-rounded travel destination,” said Neeraj Gulati, MD, Assotech Realty.
The property is expected to meet the demand of new-generation devotees. Particularly, millions of NRI and HNI, including devotees, prefer extended stays and properties with all-suite luxury accommodations.
“India’s spiritual tourism sector is entering a new phase where destinations like Shirdi are witnessing more structured tourism demand alongside devotional travel. Travellers today expect comfort, curated experiences andglobally benchmarked service even when visiting pilgrimage centres,” said Salil Panigrahi, Co-founder and Managing Director, Atmosphere Core.
With tourism in temple towns gaining renewed momentum across India, hospitality developments are expected to play an important role in strengthening local economies, supporting employment generation and enhancing the visitor experience.
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