Isprava Group appoints former Chalet Hotels chief Sanjay Sethi as strategic advisor

Mumbai: Realty developer Isprava Group has appointed Sanjay Sethi as Strategic Advisor, Isprava Hospitality and Lohono Stays, as the company expands its businesses across luxury homes, hospitality and private membership.

Sethi has over 37 years of experience spanning hospitality operations, development, ownership, strategic growth and capital markets. He will work with the group across Lohono Stays and Isprava Hospitality, advising on strategy, growth and the development of its hospitality business.

“For us, the opportunity is to think beyond individual businesses and create an ecosystem where every interaction adds to the experience of being part of Isprava. Sanjay’s understanding of hospitality, combined with his experience of building businesses at scale, will help us bring greater depth and consistency to that experience as we grow,” said Nibhrant Shah, MD & Co-CEO, Isprava Group.


The appointment comes as Isprava Group builds an integrated ecosystem spanning luxury homes, hospitality, private membership and end-to-end homeowner services. Sethi’s owner-operator experience will bring a hospitality focus to the Group’s businesses, the company said in a release.

“As the Isprava Group continues to build across homes, hospitality and private communities, we wanted to bring in someone who has seen the industry from every side, from operations and development to ownership and capital markets,” said Dhimaan Shah, Executive Director & Co-CEO, Isprava Group.

Sethi spent 14 years with the Taj Group before co-founding Keys Hotels & Resorts, backed by Berggruen Holdings.

“Isprava has done the difficult part already: built a brand people trust, in places that are genuinely hard to build in. Growing that without diluting it is the real test, and it's the kind of work I enjoy,” Sethi said.

As Managing Director & CEO of Chalet Hotels from 2015 to 2026, he took the company through its 2019 IPO and built it into one of India's leading owner-developers of luxury and upper-upscale hotels. He continues on the Chalet board as a Non-Executive Director.

Isprava Group was founded in 2016 by brothers Nibhrant and Dhimaan. Its businesses include Isprava, The Chapter, Lohono Stays and Solene. Isprava has projects across Goa, Alibaug, Karjat and Kasauli.