FOR OWNERS & INVESTORS

You own it.
We run it.

Raht turns land and quiet buildings into small luxury retreats. You keep the asset. We take on the design, the brand, the staff, the guests and the risk.

20 +
Years running hotels
500+
Projects delivered
5
MONTHS TO OPEN MANMATHA
4
WAYS TO PARTNER
In plain terms
We don't buy your property. We make it work.

Raht is asset-light. That means we don’t ask you to sell, and we don’t ask you to become a hotelier. You keep ownership. We take on the operating business.

We design the retreat around what your land already offers, build the guest experience, hire and train the team, create the brand and market it, and run it day to day. Depending on the model you choose, we may also fund the build.

Two retreats are open — a private fort near Udaipur and a fifty-acre vineyard in Himachal. Four more are in development in Mandawa, Lamgara, Goa and Mussoorie. We are looking for a small number of the right properties, not for volume.

THE OPPORTUNITY
Good land is not the problem.

India has no shortage of extraordinary land and beautiful buildings capable of becoming high-value hospitality assets. Plenty sit unused, or run at a fraction of what they could earn, because the owner has the asset but not the operating knowledge.

What has been missing is a brand that can unlock that potential repeatedly, across completely different landscapes, with the same depth of experience each time. Big hotel groups won’t take on properties this small. Independent operators rarely scale beyond one.

That gap is where Raht sits. Small enough to care about a four-suite fort, experienced enough to have delivered 500+ projects before starting our own brand.

CHOOSE YOUR MODEL
Four ways to work together.

Which one suits you depends on how much you want to invest and how much return you want tied to performance. We’ll tell you honestly which we think fits your property.

01
Lease

Raht funds and operates the property outright. You hand over the keys and receive a fixed rent, whatever the season does.

YOU FUND

Nothing

YOU RECEIVE

Steady, fixed returns

BEST FOR

Owners who want certainty and no involvement

02

Joint Venture

We split the cost of getting the property ready. Raht runs it, and you take a share of the profit rather than a fixed sum.

YOU FUND

Half the build

YOU RECEIVE

A share of profit

BEST FOR

Owners who want upside and can share the cost

03

Revenue Share

OUR PREFERRED MODEL

You finance the build, Raht runs it, and you earn a percentage of every rupee the retreat takes — not of what’s left after costs.

YOU FUND

The build

YOU RECEIVE

A percentage of gross revenue

BEST FOR

Owners who believe in the asset and want the fullest return 

04

Management

Your property, your investment, our operating team. We run the day-to-day and you keep the revenue, less a management fee.

YOU FUND

Everything

YOU RECEIVE

Revenue uplift, without the overhead 

BEST FOR

Owners already operating who want it run properly

WHAT THIS LOOKS LIKE IN PRACTICE

Manmatha, five months later.

A fortress in the Aravalli hills with four suites and Rajasthan’s heritage written into every wall. What it didn’t have was a story anyone could find, an experience worth travelling for, or a business model that worked.

WHEN WE TOOK OVER
December 2025

A beautiful building with no clear identity

No experience guests would travel for

No working commercial model

Roughly 13,000 followers, little reach

AND NOW
Within five months

Fully operational and consistently booked out

Featured in FOUR Magazine and Vogue

Table for Two created — now one of Udaipur’s most requested dining experiences

One of Udaipur’s most sought-after wedding and proposal locations

₹40–60K

PER ROOM, PER NIGHT

~45%

OPERATING MARGIN

20–25%

UPLIFT IN PER-GUEST SPEND

Figures are typical for small luxury retreats in this segment and depend on location, asset and season. We’ll model your property specifically rather than quote you an average.

WHO DOES WHAT

The division of labour.

Worth being precise about this early, because it’s usually the first question and the one where assumptions cause trouble later.

Raht takes on

— Positioning, naming and the brand

— Designing the guest experience around the land

— Food and beverage, including Taraak and Spill

— Hiring, training and managing the team

— Marketing, content, social and distribution

— Reservations and guest relations

— Day-to-day operations and reporting

You keep

— Ownership of the land and building

— The asset’s appreciation over time

— Agreed returns under your chosen model

— Approval over major capital decisions

— Transparent reporting on performance

— The right to use the property personally, by arrangement

WHAT WE LOOK FOR

We're not looking for any land.

We’re looking for the right land, with the right partner. Here’s roughly what that means — though if you’re unsure whether your property fits, ask anyway.

A setting with character

Hills, forest, orchard, desert, backwater or coast. Something the land already gives us to build around.

Reachable, not remote

Within a comfortable drive of a city or airport. Guests will travel for the right place, but not indefinitely.

The right scale

Room for roughly four to fifteen keys. Small enough to be given to one group, large enough to work commercially.

Land or building

Bare land, an unused haveli, a farmhouse or an operating property that isn’t performing. All four work.

Clean title

Clear ownership and the permissions to operate commercially, or a realistic path to them.

A partner, not a landlord

Someone who wants the place to become something, and is content to let us run it properly.

HOW IT STARTS

From first email to opening.

01
You write in

Send the location, roughly how much land or how many rooms, and a few photographs. Navneet Nagpal reads it himself.

REPLY WITHIN 24 HOURS
02
An honest first view

We tell you whether we think it works, which model we’d suggest, and what we’d expect it to earn. If it isn’t right for Raht, we’ll say so plainly.

WITHIN A WEEK
03
We visit

Nothing replaces standing on the land. We walk the site, look at access, water, views and light, and sketch what the retreat could be.

2–4 WEEKS
04
Terms and agreement

We agree the model, the split, the timeline and what each side funds, and put it in writing.

4–8 WEEKS
05
Design, build and open

We shape the identity, build the experience, hire and train the team, and open. Manmatha went from handover to fully operational in five months.

TYPICALLY 6 MONTHS
QUESTIONS

Before you write to us.

Do I have to sell my property?

No. Raht is asset-light — we don’t buy properties. You keep ownership and the asset’s appreciation. We take on the operating business and, under some models, the cost of the build.

Usually revenue share, because your return is a percentage of everything the retreat takes rather than a fixed sum — but it also means you fund the build and carry more exposure to how the property performs. Lease earns less and risks less. We’ll walk you through both against your actual numbers.

That’s fine, and it’s often the cleanest starting point because nothing has to be undone. Juneo Orchards was fifty acres of unmonetised vineyard and orchard before it became a retreat.

Manmatha went from joining Raht to fully operational and booked out in five months. Bare land or heavy structural work takes longer. We’ll give you a realistic timeline after the site visit, not before.

As much or as little as you like. Most owners want approval over major capital decisions and clear reporting, and are happy to leave operations to us. Some want to use the property personally; that can be built into the agreement.

We’ll tell you, and we’ll tell you why. We’re building a small collection carefully rather than signing everything we see, and a property that doesn’t fit Raht may still be a good business in another format — we’re happy to say what we’d do with it.

LET'S TALK

Tell us where it is, and send a few photographs.

That’s genuinely all we need to give you a first view. Navneet Nagpal owns the brand and answers owner enquiries himself, within 24 hours.

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