New Delhi, Aug. 16 -- Real estate developer House of Abhinandan Lodha (HoABL) plans to build about 40 boutique resorts under its hospitality business Miros over the next five years as it looks to add smaller, experience-led properties to its existing developments as well as grow the business into independent properties in the coming years.

The company, which announced its Miros brands two years ago, currently operates two such resorts in Goa and is expected to have six properties by the end of the financial year, Ranvir Bhandari, president, Hospitality, Abhinandan Ventures, said, speaking to Mint. Most of the planned properties will have 18-20 rooms and fall into the luxury category, although the company is also evaluating larger hotels ...