Announcement Summary

DreamFolks Services Limited announced the launch of a new members-only private club, DreamFolks Club Nagavalli Wilderness Estate.

Facility Details and Location

The new estate is located in the Eastern Ghats on the border between Odisha and Andhra Pradesh. It is named after the Nagavalli River, which flows through the property and marks the state boundary. The total area of the estate is approximately 30 acres, which includes a 25-acre golf course. The unique geographical location allows golfers to tee off from the Odisha bank and have their ball land in Andhra Pradesh.

Amenities and Experiences

The estate is positioned as a luxury destination combining golf, natural landscapes, adventure, and regional cultural experiences. Key features include:

  • 37 cottages (20 luxury cottages and 17 eco cottages)
  • A spa
  • An outdoor swimming pool
  • A multicuisine restaurant offering regional recipes and a global menu
  • An events hall with a seating capacity of 50-75 guests

Member activities are centered around:

  • Golf on the 25-acre course
  • Exploration of the Eastern Ghats through nature and outdoor adventure
  • Engagement with tribal traditions, performances, and local art and craft forms
  • Enjoyment of regional cuisine

Strategic Context and Management Commentary

Liberatha Kallat, Founder, Chairperson and Managing Director, stated that the launch represents a strategic shift in the company's approach to luxury, which it defines as being centered on rare, authentic, and meaningful experiences rather than ownership. The company believes this shift in consumer preference towards experiential luxury will accelerate in the coming years. The Nagavalli Wilderness Estate is presented as the company's first owned property ("a place of our own") designed to capitalize on this trend.

About the Company

The document reiterates that DreamFolks is India's leading travel and lifestyle experiences company. Its services include access to Global Airport & Railway Lounges, Golf Lessons and Games, Meet & Assist, Airport Transfers, Spa & Wellness, F&B, Travel SIM, Beauty and Grooming, and Highway Dining. It delivers these services through a proprietary technology platform to clients such as Banks, Card Networks, Airlines, OTAs, and Enterprises. The company was listed in September 2022 and has a global footprint of 6,000+ touchpoints in 100+ countries.