IHCL Expands Its Footprint in Maharashtra with Fifth Ginger Hotel in Thane
Indian Hotels Company (IHCL) has signed its fifth Ginger branded hotel in the Mumbai Metropolitan Region of Thane, Maharashtra, offering guests a perfect blend of work and leisure in vibrant, contemporary spaces.
Hotel IndustryGinger HotelIhclThaneMaharashtraReal Estate MaharashtraJul 17, 2024
Speaking on the occasion, Suma Venkatesh, Executive Vice President - Real Estate & Development, IHCL, said, 'The signing of our fifth Ginger hotel in the Mumbai Metropolitan Region in Thane aligns with IHCL's strategic vision of expanding its presence in key urban centers in India. Thane, with its rapid development, has emerged as a residential and commercial hub in Maharashtra.'
The hotel features Qmin, the signature all-day diner presenting a delightful array of global and local favorites, along with a bar. Additionally, it will offer modern amenities such as a state-of-the-art fitness center, over 2000 sq. ft. banquet hall, and well-equipped meeting rooms.
Rahul Jagdale and Rohit Jagdale, Directors of Jagdale Infrastructure Private Limited, expressed their delight in joining forces with IHCL for this new project, saying, 'We look forward to bringing the vibrant brand of Ginger to a new address in Thane.'
Thane, a significant destination for both business and leisure travelers, is home to numerous IT parks, businesses, and shopping centers. With the addition of this hotel, IHCL will have 35 hotels, including 12 under development, in Maharashtra.
Jagdale Group, headed by Rahul Jagdale and Rohit Jagdale, has been in the real estate business since 1985 and has developed more than 1.5 million sq. ft. of residential and commercial spaces in the Mumbai Metropolitan Region.
Information
Indian Hotels Company (IHCL) is a leading hospitality company with a portfolio of brands that include Taj, SeleQtions, Vivanta, and Ginger. Jagdale Infrastructure Private Limited is a real estate company that has been in the business since 1985.
Indian Hotels Company (IHCL) is a leading hospitality company with a portfolio of brands that include Taj, SeleQtions, Vivanta, and Ginger. Jagdale Infrastructure Private Limited is a real estate company that has been in the business since 1985.
Frequently Asked Questions
Where is the new Ginger hotel located?
The new Ginger hotel is located in the heart of the business district in Thane, Maharashtra.
What is the capacity of the new Ginger hotel?
The new Ginger hotel has 200 keys.
What is the significance of Thane in Maharashtra?
Thane is a significant destination for both business and leisure travelers, with numerous IT parks, businesses, and shopping centers.
How many hotels will IHCL have in Maharashtra with the addition of this new hotel?
IHCL will have 35 hotels, including 12 under development, in Maharashtra with the addition of this new hotel.
What is the background of Jagdale Infrastructure Private Limited?
Jagdale Infrastructure Private Limited is a real estate company that has been in the business since 1985 and has developed more than 1.5 million sq. ft. of residential and commercial spaces in the Mumbai Metropolitan Region.
Related News Articles
Residential Real Estate Sales Slow Down in Q2 2024, Industry Hopes for a Rebound
Residential real estate sales in India's top 7 cities declined marginally in Q2 2024 due to rising property prices and a high base record in Q1 2024.
Sebi Chief Madhabi Buch's Stake in Consulting Firm Under Scrutiny
Madhabi Puri Buch, the chief of India's capital markets regulator, owns 99% of a Mumbai-based consulting firm that's now caught in the crossfire of the Hindenburg Research-Adani Group controversy.
Arkade Developers IPO: What You Need to Know About GMP and Subscription Status
The Arkade Developers IPO is generating significant interest among investors. The company, a prominent player in the Mumbai real estate market, has opened its IPO for subscription from September 16 to September 19, aiming to raise ₹410 crores through this
India's Real Estate Sector Poised to Become a Major Employment Hub
Mumbai, Maharashtra [India], October 7: The Indian real estate sector is the second largest employer after the agriculture sector and is set to become a major employment generation hub in the coming years.
1:1 Bonus Shares: Record Date Announced, Distribution by February 8; Should You Invest?
Shraddha Prime Projects, a small-cap company in the real estate sector, has announced the record date for its 1:1 bonus share distribution. The shares are expected to be dispatched by February 8. Is now the right time to buy into this potentially lucrativ
2025 Could Set New Records in Luxury Real Estate Market
Anuj Puri, chairman of real estate company ANAROCK, stated that the average property prices in the top seven cities witnessed a 32% rise over the first nine months of 2024. This trend is expected to continue into 2025, setting new records in the luxury re