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Eko EstatesBY EKOSTAY

ABOUT US  ·  OUR STORY

Eight years of running villas taught us which ones earn.

We operate 175+ villas across 18+ destinations. Eko Estates is the part of that business that sells rather than rents: homes in Igatpuri and Karjat, offered outright, with a rental we can contract because we already run houses on the same roads.

OPERATING SINCE
2018
HOUSES FOR SALE
Six
WHERE
Igatpuri and Karjat
TITLE
Freehold, NA converted

We did not start with a spreadsheet. We started with 175 houses.

This is why we can contract a fixed rental rather than project one. The number does not come from a model. It comes from a business already running in these valleys.

HOW THE NUMBER USUALLY ARRIVES

  • The elevation is judged on a hoarding and a Sunday site visit. Nobody drawing it has watched a guest arrive at ten at night in the rain.

  • The expertise ends where the construction does, and a plan that photographs well is not the same as a plan that books well.

  • Occupancy and nightly rate go in as assumptions, because without a calendar of your own there is nothing else to put in their place.

  • It goes into the brochure, and it does the selling. Nothing has tested it yet.

  • And with them, the distance between the model and the month.

Nearly everyone selling a villa with a figure attached is a developer. They build something, calculate what it ought to earn, and hand you the promise along with the keys. If the number turns out to be wrong, it is your problem.

HOW OURS DOES

  • 175+ villas across 18+ destinations, run by us rather than listed by us.

  • Which weekends fill and which do not, which months empty out, and what a guest will pay in August rather than what we hoped they would.

  • Which layouts get booked and which get one stay, which amenities a group asks for by name, how many can sit down to dinner without moving furniture. The elevation is a rental decision before it is an aesthetic one.

  • Monsoon, festival weekends and the competing house on the same road all move the rate. A calendar left alone loses money quietly.

  • Only after eight years of the four steps above is a figure worth contracting, with a term and a date attached to it.

We came at it from the opposite end. Eight years of filling villas, staffing them and repricing them through monsoon and season is an expensive education, paid one property at a time, and it is the only thing that lets anyone put a rental figure in writing. Eko Estates is what happens when those lessons are worth building against rather than working around.

How we got here.

The company was founded in 2018 by four partners and has been run by the same four since. Today that is 175+ handpicked villas across 18+ destinations in five states, curated rather than listed, where owners hand us the house and we handle design, marketing, operations, upkeep, staffing and pricing.

The Assured Agreement is that same custodian relationship, put in writing with a number and a date attached, on a house you own outright rather than one you already had.

2018FOUNDED

Four partners, one operating company. The same four have run it since.

175+VILLAS TODAY

Handpicked and curated rather than listed, across five states.

18+DESTINATIONS

Owners hand us the house. We handle design, marketing, operations, upkeep, staffing and pricing.

2026EKO ESTATES

The same custodian relationship, in writing, on a house you own outright.

Four partners, still the same four.

  • Husain Khatumdi

    Husain Khatumdi

    MANAGING DIRECTOR & CO-FOUNDER

    Moves between design, numbers and strategy. Decides what a house is expected to do before anyone signs for it.

  • Varun Arora

    Varun Arora

    CHIEF EXECUTIVE OFFICER & CO-FOUNDER

    Eight years turning residential property into houses guests book. Runs the operating company and the owner relationships inside it.

  • Sohail Mirchandani

    Sohail Mirchandani

    CHIEF OPERATING OFFICER & CO-FOUNDER

    Accounting and finance by training. Runs operations, budgeting and the back end that decides whether a house performs.

  • Zeeshan Khan

    Zeeshan Khan

    CHIEF ACQUISITION OFFICER & CO-FOUNDER

    Finds the land and the buildings. Scouts valleys before they are obvious and judges what a plot can be made into.

Where the operating company works

Maharashtra

  • Igatpuri
  • Karjat
  • Alibaug
  • Lonavala
  • Panchgani
  • Mahabaleshwar
  • Panvel

Goa

  • North Goa
  • South Goa
  • Anjuna
  • Assagao
  • Candolim
  • Vagator

Karnataka

  • Chikmagalur
  • Coorg
  • Sakleshpur

Uttarakhand

  • Nainital
  • Bhimtal
  • Mussoorie

Tamil Nadu

  • Ooty and Coonoor
  • Kodaikanal

Three lessons we paid for.

8
YEARS OPERATING
175+
VILLAS UNDER MANAGEMENT
18+
DESTINATIONS
800K+
CUSTOMERS HOSTED

  1. Performance is set at the drawing stage, not the marketing stage

    A badly planned villa cannot be rescued by photography or discounting. We have tried, on other people’s assets.

  2. The gap between a 40% and a 65% villa is service, not location

    Two comparable houses on the same road diverge by twenty points of occupancy inside a year, entirely on how they are run.

  3. A new villa should open to an audience, not an empty calendar

    Eight years of operating means a house opens to guests already booking with us. Demand on day one is what makes the rental contractable.