Praveg Bags Order for Tent Resorts in Lakshadweep’s Bangaram and Thinnakara Islands
The initial term of the project spans five years with the possibility of two year extension
Praveg Limited announced the award of work orders by the Department of Tourism, Union Territory of Lakshadweep.
The company is set to embark on the Development, Operation, Maintenance, and Management of luxury tent accommodations and a plethora of commercial activities on Thinnakara Island and Bangaram Island.
This ambitious project envisions the creation of 200 luxury tents on Thinnakara Island and 150 on Bangaram Island, complemented by an array of high-end amenities including Scuba Diving, Destination Weddings, Corporate Events, Private Gatherings, a Health and Wellness Centre, Children’s Play Area, and a Coffee Shop among others. The initial term of the project spans five years with the possibility of two year extension.
Vishnu Patel, Chairman of Praveg Limited, expressed his enthusiasm about the new venture, stating, “It is with immense pride that we embark on this journey to enhance the beauty and accessibility of Bangaram and Thinnakara Islands through our eco-friendly and luxurious hospitality solutions. We are deeply grateful to the Lakshadweep Tourism Department for their confidence in Praveg. We are excited to introduce our guests to an unparalleled experience of sustainable luxury through the Praveg Tent City project.”
The addition of these new luxury tented resorts significantly enhances Praveg Limited’s footprint in the eco-luxury hospitality sector, increasing its operational portfolio to 10 properties, with an ambitious 16 more projects underway. I
n December 2023, Praveg was entrusted with a project on Agatti Island, Lakshadweep, to develop 50 luxurious tents, with completion targeted for the first quarter of FY25 with an average room rate of Rs.15000 to Rs. 20000. This recent expansion brings Praveg’s total number of upcoming accommodations in Lakshadweep to 400 rooms.
Praveg anticipates strong occupancy rates of 40% to 50% across its new properties, reflective of the growing demand for sustainable and exclusive travel experiences.