Supreme Holdings & Hospitality Limited, originally established in 1982, transitioned from a non-banking financial entity to a hospitality-focused company under the Jatia Group's acquisition in 1987. Public since 1994, it expanded its portfolio by amalgamating Jatia Hotels and Royalways Trading in 2011. The company has since shifted focus to the hospitality industry, developing luxury hotels and residential projects, particularly in Maharashtra.
Supreme Holdings has concentrated on Pune and Panvel, acquiring land and initiating significant projects. In Pune, the company is developing a five-star hotel in collaboration with Intercontinental Hotel Group, which includes a 308-room hotel and commercial space. In Panvel, the company plans a resort, leveraging the area's growing infrastructure and connectivity. Additionally, Supreme Holdings launched Belmac Residences, a luxury residential project in Pune, with its clubhouse launched in 2023, showcasing its commitment to upscale developments in emerging urban locales.