5 mins from Mumbai International Airport | 2 mins from. The hotel has a partnership with "Global Hotel Alliance" to provide The Leela DISCOVERY to its customers and an International Sales & Marketing. Check In — / — / —. “The pause by Sebi on the country’s largest hotel acquisition transaction of Leela’s hotels does not augur well for the positive sentiment that has built up for hospitality transactions,” said Mandeep Lamba, president, South Asia, at HVS Anarock, a consultancy firm. Hotel Leela Venture Limited has been substituted by 'Schloss Chanakya Private Limited' vide order dated 19. ITC Ltd. Hotel Leela Venture Ltd. Hotel Leela Venture's total expenses were 0. Leela Palace AR 2018-19: 2017-18 : Leela Palace AR 2017-18: 2016-17 : Leela Palace and Resorts Limited: 2015-16 : Leela Palace and Resorts Limited: 2014-15 : Leela Palace and Resorts Limited: 2013-14 : Leela Realty Ltd: Leela Palace and Resorts Limited: 2012-13 : Leela Realty Limietd: Leela Palace and Resorts Limited: 2011-12 : Leela Realty Limited Hotel Leela Venture (HLV) is the promoter of the 5–star deluxe hotels in Mumbai, Goa, Bangalore and Kovalam. 0 Work-Life Balance. Debt-laden hospitality firm Hotel Leela Venture will sell its assets to Canada-based private equity firm Brookfield Asset Management for ₹3,950 crore. meters of land. Set up by C. Hospitality firm Hotel Leela Venture Ltd on January 3 said the company name has been changed to HLV Ltd with effect from December 27, 2019. Company History - HLV Ltd. The Hotel Leela Venture Ltd. The proposed asset monetisation deal with Brookfield, which envisages the sale of its prime hotel properties in Delhi, Bengaluru, Chennai, Udaipur and Agra for around ₹3,950 crore will allow the. Get free access to the complete judgment in Ms Hotel Leela Venture Ltd v. 01 TOTAL 4,11,03,700 26. com. Market Cap ₹ 1,579 Cr. Share. Hotel Leela Venture Ltd, Vice-Chairman and Managing Director Vivek Nair said. This page features historic data for the HLV Ltd share (HLVL) as well as the closing price, open, high, low, change and %change. Also get HLV Share/Stock detailed Information on HLV along with top stories and articles on HLV during last 6 months. Its authorized share capital is Rs. Hotel Leela Venture Limited (HLV) is an operator of luxury resorts and business hotels. #1,009 of 2,178 hotels in Bengaluru. “Srinivisan and I worked together at The Oberoi Amarvilas, agra where he was the Systems Manager and I the HR Manager. EPS (TTM) – Earnings Per Share (Trailing Twelve Months) Formula = Net Profit attributable to Equity Shareholders (TTM) / No. Food. 07. Market Cap. All the hotels of the company are co-branded with Kempinski. "The promoters/ promoter Group of Hotel Leela Venture Ltd shall not participate in the aforementioned voting process," the regulator said. Earlier on 22 October 2019, Hotel Leelaventure's board had approved the proposed change in name of the company to 'HLV Ltd'. Share. Equity. High / Low ₹ 25. 8. More share price targets here - Intraday, weekly and monthly price targets Short-term, Long-term forecast for Hotel Leela Venture Limited. 97 on the upside . The judgment discusses the issues of contractual obligations, public interest, and arbitral awards. HLV Ltd formerly known as Hotel Leela Ventures used to be one of the most prominent and leading hotel & restaurant. Reliance Industrial Investments and Holdings Limited, a wholly-owned subsidiary of RIL, holds 18. 86 crore around the same period last year. such as Market Share, Product, Geography & Annual Report Summary. Travel + Leisure USA World’s Best Awards – The Leela Palaces. Equinox Business Park, Tower 2, LBS Road, Kurla (W) Mumbai – 400 070. Face Value. Hotel Leela had moved the division bench challenging the single judge's July 15 this year verdict setting aside the arbitration award in favour of Leela Venture in 2012. MRC NAGARR A PURAM,CHENNAI685TN *Industry classification is derived from. of Equity SharesHotel Leela Venture Ltd Company profile. 64/2016 passed by. The Bombay High Court today imposed a fine of Rs 5 lakh on Hotel Leela Venture Limited for "forum-hunting" by seeking that their pleas, challenging eviction proceedings initiated against it by the Airports Authority of India (AAI), be heard by a single judge bench. New Delhi, Updated Jan 03, 2020, 6:41 PM IST. : Hotel Leelaventure net loss widens to Rs 24. Ojnr3cFP4rWza3XlBpmQ6FftkLjdn4JK2ZQcj8xHqFcEJ9z95lzgvPopEg. Capt. Clear. On March 18, Hotel Leelaventure had announced the sale of its four hotels located in Bengaluru, Chennai, Delhi and Udaipur. . Hotel LeelaVenture Ltd owns and manages hotels under The Leela Palac. Hospitality firm Hotel Leela Venture Ltd on January 3 said the company name has been changed to HLV Ltd with effect from December 27, 2019. Taxpayer Type . If Hotel Leelaventure Ltd. Qty 2637823; Hotel Leelaventure Ltd. India's Hotel Leela Venture Ltd will sell four of its hotels and a property to a fund sponsored by Canada's Brookfield Asset Management for 39. Free private parking is provided. e. 1981. The company entered into collaboration with Penta Hotels in UK to set up and operate 5-star hotels which was subsequently transferred to Kempinski Hotels a European chain of 5-star deluxe hotels owned by Lufthansa the German Airline. . 41. - The company set up its first 5-star deluxe hotel, Leela Penta. The company was formerly known as Hotel Leelaventure Limited and changed its name to HLV Limited in December 2019. 12 SECTION XIV S U P R E M E C O U R T O F I N D I A RECORD OF PROCEEDINGS Petition(s) for Special Leave to Appeal (C) No(s). txt) or read online for free. Below is the details of HOTELEELA Hotel Leela Venture Ltd. The appellant herein is engaged in providing the taxable services of accommodation in hotel for lodging purposes. Its peers such as Asian Hotels North and East India Hotels are trading at a P/E of 10 and 83 times. com. 387. 37; Jul 26, 2017 Sell. 5 million compared to INR 367. 04. Office: The Leela Mumbai, Sahar, Mumbai 400 059 India. Exclusive e-mail ID – investor. SCPL is 100% owned by Brookfield through its fund BSREP III, where in Brookfield and its fully owned subsidiary, BPY, are the anchor investors. Canadian alternative asset management company Brookfield has bought the assets of Hotel Leelaventure. Joint Commissioner & Ors. NS said on Monday it would sell four of its hotels and a property to a fund sponsored by Canada's Brookfield Asset. Skip to main content. Get HLV Ltd. 1981 - Incorporated in 1981 to set up and operate 5-star hotels, Hotel Leela Venture entered into a collaboration with Penta Hotels, UK, which was subsequently transferred to Kempinski Hotels, a European chain of 5-star deluxe hotels, owned by Lufthansa, the German airline. Tomorrow's share price targets for Hotel Leela Venture Limited are 5. However, to pay off its debts, the company had to sell off the majority of its hotels in FY 19-20. In the circumstances it has not been proved as to what was the status of Bombay India Inhabitants and that Mr. 7. Updated Feb 27, 2019, 9:02 AM IST. Address: The Leela Kempinski The Leela Kempinski 0,-. , [2007] 139 Comp. v. 00. Anoop vaid. Q2FY24 Quarterly & H1FY24 Bi-Annual Result Announced for Tata Steel Ltd. The Leela Palace Udaipur. ) View in (Million) Sales. Jun 2008 - Present 15 years. 32 lakhs in FY 202223 against Rs. The High Court had, in November 2016, upheld its single judge’s decision, asking Hotel Leela Venture Ltd to pay Rs 258 crores to the AAI as royalty. #1,008 of 2,177 hotels in Bengaluru. The company owns and manages hotels under the brand name ‘The Leela’ in Bangalore, Gurugram, Mumbai, New Delhi, Goa, Jaipur, Gujarat, Chennai, and Udaipur. Face Value. NEW DELHI: Shares of Hotel Leelaventure shot up over 6 per cent on Friday the ET reported that American private equity fund Marigold Capital and Investments will buy Leela Group’s 326-room hotel in Chennai for around Rs 700 crore, two people with direct knowledge of the development said. HLV Limited The Leela, Sahar Mumbai- 400059 Tel. The company has entered into a binding agreement with a Brookfield Asset Management sponsored private real estate fund to sell, by way of. com. 8/6/2019 Hotel Leela Venture Limited 1/3CREDIT ANALYSIS & RESEARCH LIMITED 1RatingCARE assigned CARE A+ (Single A Plus) rating to thelong-term bank facilities of Hotel…As the Director of HR at The Leela Palace, I partner with the business to attract, develop, and retain key talents for organizational goals. Results for my Portfolio stocks. Currently, HLV Ltd owns and operates The Leela Mumbai. 5-star luxury hotel – It has a marketing alliance with US-based Preferred Hotels & Resorts and a member of Global Hotel Alliance, Geneva, Switzerland. History of Hotel Leela Venture Ltd. Check Out — / — / —. Gas. Phone: (91-22) 6691 1234; Fax: (91-22) 6691 1212; Email: leela@theleela_com;The Leela Palaces, Hotels and Resorts: New Delhi, Bengaluru, Chennai, Mumbai, East Delhi, Gurugram, Udaipur, Goa and Kovalam Upcoming Hotels: Bhartiya City Bengaluru, Jaipur and Agra. The Leela Mumbai has an alliance with "Global Hotel Alliance" to offer The Leela DISCOVERY to its customers. 57 crores and a net profit of Rs. Hotel LeelaVenture Ltd owns and manages hotels under The Leela Palaces & Resorts brand in India. 10 127. The AAI had leased a 29,000 sq m plot to the hotel through different agreements. The company operates in both, the leisure and business sectors. On 14th August, 2019, ITC sought interim relief in the Hotel Leela Venture Limited (HLV) is an operator of luxury resorts and business hotels. Hotel Leela Venture Ltd, Bengaluru: See 5 traveller reviews, candid photos, and great deals for Hotel Leela Venture Ltd, ranked #584 of 2,227 hotels in Bengaluru and rated 4 of 5 at Tripadvisor. Job Title. - Hotel Leela Venture Limited, incorporated in 1981, to set up and operate 5-star hotels, entered into a collaboration with Penta Hotels of UK which was subsequently transferred. 40 million and the net profit stood at ` 447. Hotel Leela Venture Ltd. Face Value. The company owns and manages hotels under the brand name ‘The Leela’ in Bangalore, Gurugram, Mumbai, New Delhi, Goa, Jaipur, Gujarat, Chennai, and Udaipur. I enjoy reading books, listening to Sufi music, and learning from new. Hotel Leela Venture Ltd is in talks with sovereign wealth funds of Abu Dhabi, Qatar and Malaysia to sell its prime properties in Delhi and Chennai for around ₹1,850 crore to pare debt. Besides, the company has been asked to make all material disclosures, including the litigation relating to the claim of Airports Authority of India (AAI) with respect to Leela Hotel, Mumbai, in the postal. Minimum guaranteed amount payable. Hotel Leela Venture Ltd, Bengaluru: See 5 traveler reviews, candid photos, and great deals for Hotel Leela Venture Ltd, ranked #585 of 2,269. #1,008 of 2,177 hotels in Bengaluru. Revenue: The revenue from operations was Rs. The Leela Mumbai has an alliance with "Global Hotel Alliance" to offer The Leela DISCOVERY to its customers and an International Sales & Marketing alliance with the "Preferred Hotels & Resorts" group to help push our products to international global procurement heads in multinational. Hotel Leela Venture Ltd. HLVL Financial Summary. Save. Karnataka. Mumbai, 18th March, 2019: Hotel Leela Venture Limited (HLVL), announced today that it has entered into a binding agreement with a Brookfield Asset Management (Brookfield) sponsored private real estate fund, to sell by way of slump sale, four owned Leela hotels located at Bangalore, Chennai, Delhi and Udaipur and the property that it owns in Agra. 79 crores. HLV Ltd. ITEM NO. 6. The Leela Kovalam, A Raviz Hotel. 1981 - Incorporated in 1981 to set up and operate 5-star hotels, Hotel Leela Venture entered into a collaboration with Penta Hotels, UK, which was subsequently transferred to Kempinski. The Leela Palaces, Hotels and Resorts, India’s premium luxury hospitality group, is voted one of the Top 15 Hotel Brands in the World, and The Leela Palace Udaipur voted among the Top 10 Best Resort Hotels in Asia and the Top 100 Best Hotels in the World. The Leela group has a huge land bank measuring 8. Over the past 1 year, HLV / Hotel Leela Venture's share price has moved by -while the 5-year performance of the stock stands at . In. As per the terms, the legal and financial due diligence is underway. Get contact details of HOTEL LEELAVENTURE LIMITED, Hotel Leela Venture LimitedSahar Road Sahar, Sahar Road, ,Mumbai,Maharashtra,India,400053 . 00. Hotel Leela Venture company overview and more information about the report. Market Cap. 50 billion rupees ($576. The High Court placed further reliance on the decision in Hotel Leela Venture Ltd. The company has a market capitalization of ₹ -with a P/E ratio of -. ₹5. The deal gives Brookfield a 100 per cent shareholding in Leela Palaces and Resorts Ltd, which owns certain properties and holds a licence to develop a hotel in Agra. It operates hotels under the brand names of SeleQtions, Vivanta, Ama, Qmin, Ginger, TajSATS, and Taj. Market Cap ₹ 1,612 Cr. 5 Star Hotels & Luxury Resorts in India | The Leela Palaces, Hotels & Resorts HLV Ltd is primarily engaged in the business of owning, operating & managing hotels, palaces and resorts. 07 Nov, 2016, 08:54 PM IST Twenty stocks in focus on Tuesday, 19 July 2016JMARC owns 26% in Hotel Leela Venture. Hotel Leela Venture's total expenses were 0. PAT. The Leela, Sahar . 7. 43 COURT NO. This is the GST number registered in Karnataka. 450 crore. 2 million shares in Hotel Leelaventure Limited. As of March 31, 2010, the Company owned and operated six hotels at Mumbai, Goa, Bangalore, Kovalam (Kerala), Udaipur and Gurgaon totaling to 1,523 guestrooms and 90 serviced apartments. About Us. Hotels. In March this year, Leela Venture announced that Canadian alternative asset management company Brookfield had agreed to purchase its key hotel properties in Delhi, Bengaluru, Udaipur and Chennai for Rs 3,950 crore. The Company is engaged in providing accommodation and food services, and food and beverage services. A hidden gem where nature is celebrated and privacy assured, The Leela Ashtamudi, A Raviz Hotel is unrivalled in its sheer luxury and refined elegance. SUMMER PROJECT PROGRESS REPORT NO. All. -3. Hotel Leela Venture Ltd: Jewel of a find in the midst of Bengaluru - See 5 traveler reviews, candid photos, and great deals for Hotel Leela Venture Ltd at Tripadvisor. 910 OF 2020 IN COMM ARBITRATION PETITION NO. In the year 1986 the company set up their first 5-star. New Delhi, Updated Jan 03, 2020, 6:41 PM IST. Save. Hlv Limited's Corporate Identification Number is (CIN) L55101MH1981PLC024097 and its registration number is 24097. 2 / ₹5. 5 reviews. Ltd. India’s largest life insurer holds 2. Save. . Hotel Leela Venture Limited (HLV) is an operator of luxury resorts and business hotels. Currently, HLV Ltd owns and operates The Leela Mumbai. 29 crores. Mvat , Mcst, Dvat, Dcst & Serviec Tax ,at Shemaroo Entertainment Ltd. 1 follower 1 connection. 1 Job Security & Advancement. Other performance and liquidity ratios are. 4. ,Hotel Leela Venture Ltd. , DLT 15 (1979) 152 (S. Sales Accoutn Manager Hotel Leela Venture Ltd. Nearly 86 per cent of all shareholders voted in favour of the. com Q Which are the Stock Exchanges the Equity Shares of the Company are listed? A The Company's equity shares are listed on two Stock Exchanges: BSE Limited (BSE) andHotel Leela Venture Ltd is in the Hotels & Restaurants sector, having a market capitalization of Rs. Operations. ITC and Life Insurance Corporation, which holds a 2. GUPTE, J. , the parent company, which is the promoter of Hotel Leelaventure Ltd. Saumyata Panwar i/b Cyril Amarchand Mangaldas for Defendant Nos. As both the sons of late Capt. 34 crores in June 2021. com (1 Website: 11 CIN No: L55101MH1981PLC024097Hotel Leela Venture (HLV) is the promoter of the 5–star deluxe hotels in Mumbai, Goa, Bangalore and Kovalam. 71 lakhs in FY. 50 crore towards the first instalment of interest on 31 March and, subsequently, had not paid interest which fell due on 19 June. HLV will be setting up hotels in the five star deluxe categories at Bangalore, Delhi Mumbai and Goa. The company owns and manages hotels under the brand name ‘The Leela’ in. is allowed to sell its properties and operations to Brookfield Asset Management Inc. 5 reviews. 50bn operates seven 5-star deluxe hotels. Mumbai: In a major relief for Hotel Leela, SAT rejected ITC application challenging Sebi's order. The contract is currently valid for a period of 10 years and may be renewed as mutually decided by both the parties. T. 8 others named Sadashiv Bangera in India are on. hotel leela venture ltd q4 results Latest Breaking News, Pictures, Videos, and Special Reports from The Economic Times. in an interview with ET Now talks about the coming quarters for the hotel industry. Hotel Leelaventure Limited CIN No. Bench: S. Hotel Leela Venture Ltd. C. group is engaged in diverse business such as ready-made garments and luxury hotels. 9. HLV Ltd. Business News / Companies / News / Hotel Leelaventure to sell 4 properties to Brookfield for ₹ 3,950 crore. Two minority shareholders—ITC Ltd. Fri Nov 17 2023 15:55:46. • Hotel Leela Venture Ltd. meters of land. The company operates in both, the leisure and business sectors. 66%) 22-nov-2023 14:03:51Find out what works well at Hotel Leela Venture Ltd from the people who know best. Phone: (91-22) 6691 1234; Fax: (91-22) 6691 1212 Bharat Nidhi Ltd. 9. Qty 2500866; Average Price ₹25. Reuters; Mar 18, 2019 12:10Hotel Leela Venture Ltd, Bengaluru: See 5 traveller reviews, photos, and cheap rates for Hotel Leela Venture Ltd, ranked #584 of 2,227 hotels in Bengaluru and rated 4 of 5 at Tripadvisor. Devi Bhagat v. Email: investor. Skip to main content LinkedIn. Hotel Leela Venture Ltd: A Regret to visit - See 5 traveler reviews, candid photos, and great deals for Hotel Leela Venture Ltd at Tripadvisor. and its wholly-owned subsidiary Russell Credit Ltd. Ltd. service@hlvltd. 0. LEELA HOTELS AND PALACES (HYDERABAD ) PR IVATE LIMITED: THE LEELA KEMPINSKI SAHAR MUMBAI Mumbai City MH 400059 IN : U55101MH2008PTC177229:. 2 ON COMPANY ANALYSIS OF Hotel Leela Venture (HLVCanada’s Brookfield Asset Management has agreed to purchase a set of four hotels, a hospitality development project and branding rights to one of India’s elite hotel chains from Hotel Leela Venture for INR 39. , a company in which. Defendant [email protected]: 022-6691 1234. James Hotels' board meeting on May 30, 2017. HLV Limited owns and operates hotel in Mumbai. Indian Hotels allots debentures worth Rs 200 crore on private placement basis. Debt-laden hospitality firm Hotel Leela Venture will sell its assets to Canada-based private equity firm Brookfield Asset Management for ₹3,950 crore. ETMarkets. The company's income from operations declined to Rs 149. Also. 1. 5 reviews. DOC Santosh IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION IN ITS COMMERCIAL DIVISION COMM ARBITRATION PETITION NO. The Leela Palace, this property is a luxurious 5 star hotel located at Old airport road, Bangalore. 50bn Leela group and currently 4. vs Airports Authority Of India on 3 November, 2017. collaboration with Penta Hotels, UK. No. There can be no doubt that the principles of res judicata are applicable to arbitration proceedings. NSE Symbol: HOTELEELA | BSE Code: 500193 | ISIN: INE102A01024 | Sector: services Summary Charts News Financials Reports Peers. 5 But the assessee in the year under consideration has claimed the set off of the said loss on the ground that M/s Kovalam Hotels M/s Hotel Leela Venture Ltd. NEW DELHI: Hotel Leela venture Limited, which runs a chain of luxury hotels, has signed a contract to manage an upcoming 250-room hotel in Noida adjoining Delhi. . 1 per cent higher at Rs 45. Of Customs(Gen) Mumbai on CaseMine. Chittewan 1/19 ao960-19. Equity. HLVL operates Leela Kempinski branded hotels and resorts in Mumbai, Bengaluru, Delhi, Udaipur, Goa and Kovalam, and operates another hotel at Gurgaon under Management Contract. These projects will combine grand space with global standards of. 12/2017 –Central Tax (Rate) dated 28-06-2017 or No. com and its registered address is THE LEELA SAHAR MUMBAI MH 400059 IN . Hotel Leelaventure Limited (HLVL) has completed the transaction with BSREP III India Ballet Pte. docx from MBA 111 at Chandigarh University. The Leela Palaces, Hotels and Resorts, headquartered in Mumbai,India, is owned by Hotel Leela venture Ltd, a publicly listed company. Hotel LeelaVenture Ltd owns and manages hotels under The Leela Palac. service@hlvltd. P. - Hotel Leela Venture Limited, incorporated in 1981, to set up and operate 5-star hotels, entered into a collaboration with Penta Hotels of UK which was subsequently transferred to Kempinski Hotels, a European chain of 5-star deluxe hotels, owned by Lufthansa, the German airline. Check out for the latest news on hotel leela venture along with hotel leela venture live news at Times of IndiaA Stock Analysis of Hotel Leela Venture Ltd - Free download as Word Doc (. Reuters; Mar 18, 2019 12:10The high court has given the beleaguered hospitality company HLV Ltd, earlier called Hotel Leela Ventures, relief by allowing the company to include its Mumbai properties in the process of. Hotel Leela Venture Ltd. NEW DELHI: Captain CP Krishnan Nair said he will step down as the chairman of luxury hospitality firm, Hotel Leela Venture Ltd, by June this year handing over the active management of the hotel company to his two sons. 53 per cent stake in EIH, which operates Oberoi and Trident Hotel brands. The performance given by the company is quite amazing, considering that, just three days ago, this company had clocked its all-time low! Get more India News and Business News on Zee Business. YESB. 23%. The total area of plot allotted by AAI is 29000 sqm through different agreements. 24-ARBP435-17. (Source: Standalone Financials) HLV Ltd. HLV / Hotel Leela Venture share price as of today is ₹ -. 269. 50 billion rupees ($576. ₹444. It has reported standalone sales of Rs. THE LEELA MUMBAI Sahar, Andheri (East), Mumbai - 400 059 T. 64/2016 passed by. Check In — / — / —. No. The luxury hotel. . Hotel Leela Venture (HLV) is the promoter of the 5-star deluxe hotels in Mumbai, Goa, Bangalore and Kovalam. 41 million), as part of its. Hotel Leela had moved the division bench challenging the single judge's July 15 this year verdict setting aside the arbitration award in favour of Leela Venture in 2012. Hotel LeelaVenture Ltd owns and manages. Public Limited Company. Hotel Leela Venture Ltd was incorporated in the year 1981. 7,299. Hotel Leela Venture Ltd vs Ndmc & Anr on 15 September, 2021. 70. Looking for Front Office Executive with 2 to 3 years of experience in Five Star hotel, preferably from Mumbai City limit. The story of The Leela Palaces, Hotels and Resorts began when its founder Late Capt CP Krishnan Nair opened The Leela Mumbai in 1986. 97 crore in the quarter under review as against Rs 39. 15 for EIH,. in a Rs 3,950 crore deal, it will end up becoming a shell company with only liabilities. The. Research data on HLV Ltd. Cigarettes-to-hotels major ITC has raised its stake in hotel leela ventures to 10% through open market purchases, from 8. Write a review. 01 TOTAL 4,11,03,700 26. 4 per cent lower at Rs 38. Today's ePaper. ). 2017. ETHospitalityWorld. / its affiliates (“Brookfield”) for sale of the Company’s hotel undertakings in Delhi, Bengaluru, Chennai and Udaipur. Hotel Leela Venture Ltd plans to spend 22 billion rupees over one and a half years to set up three new hotels in India, the company's chief financial officer said on Thursday. Captain Nair, founder of Leela hotels, dies at 92 TNN. 1. doc IN THE HIGH COURT OF JUDICATURE AT BOMBAY CIVIL APPELLATE JURISDICTION APPEAL FROM ORDER NO. 36% stake, have. Hotel Leela Venture Ltd plans to spend 22 billion rupees over one and a half years to set up three new hotels in India, the company's chief financial officer said on Thursday. Hotel Leela Venture (HLV) is the promoter of the 5–star deluxe hotels in Mumbai, Goa, Bangalore and Kovalam. Ltd.