The 151-room Ginger hotel will be a greenfield project, marking IHCL's seventh Ginger hotel in the region.
IhclGinger HotelBhiwandiMaharashtraGreenfield ProjectReal Estate MaharashtraOct 25, 2024
The new Ginger hotel in Bhiwandi will have 151 rooms.
Bhiwandi, known as the 'Manchester of the East,' is a major industrial hub in Maharashtra. Its growing industrial sector and economic activities make it an ideal location for IHCL’s budget hotel chain, Ginger.
The hotel will feature modern amenities such as high-speed Wi-Fi, 24/7 room service, a fitness center, and a multi-cuisine restaurant.
With the signing of the new Ginger hotel in Bhiwandi, IHCL now has seven Ginger hotels in the region.
IHCL's broader growth strategy with the Ginger brand includes expanding its footprint across India and catering to the diverse needs of travelers by providing affordable, high-quality lodging options.
The Real Estate sector is in the spotlight as Yuvraj Singh takes legal action
Vizag and Tirupati emerge as top destinations for real estate development, with infrastructure growth driving the market
Mumbai's real estate sector has reported a significant 12% year-on-year increase in property registrations for June 2024, driven by strong demand and economic stability.
Gateway cities such as Delhi-NCR, Mumbai, and Bengaluru remained the preferred markets with a cumulative share of over 63% in investment inflows in 2024, according to a recent CBRE-CII report.
While Bangalore remains a symbol of India's startup boom, Pune is quietly becoming the smarter choice for founders looking to build big.
The real estate sector is known for its volatility and the aggressive movements of its stocks. However, two premium realty stocks are currently showing strong signals of a bullish reversal on the charts.