Indian Hotels Company Expands Footprint in Maharashtra with New Ginger Hotel in Thane
IHCL signs pact for 200-key Ginger hotel in Thane, strengthening its presence in the Mumbai Metropolitan Region
Indian Hotels CompanyGinger HotelsHotels In ThaneReal EstateMaharashtraReal Estate MaharashtraJul 16, 2024
Thane, with its rapid development, has emerged as a residential and commercial hub in Maharashtra. The city's proximity to Mumbai and its growing infrastructure make it an attractive destination for business and leisure travelers alike. The new Ginger hotel, scheduled to open soon, will cater to the increasing demand for quality accommodations in the region.
According to Suma Venkatesh, Executive Vice President - Real Estate and Development, IHCL,
Frequently Asked Questions
Where is the new Ginger hotel located?
The new Ginger hotel is located in Thane, Maharashtra.
How many rooms will the new hotel have?
The new hotel will have 200 keys.
What is the significance of this new hotel for IHCL?
This new hotel marks IHCL's fifth Ginger hotel in the Mumbai Metropolitan Region and strengthens its presence in key urban centers in India.
Who is IHCL's partner for this new hotel?
IHCL has partnered with Jagdale Infrastructure Private Limited for this new hotel.
How many hotels will IHCL have in Maharashtra after the opening of this new hotel?
IHCL will have a total of 35 hotels in Maharashtra, including 12 under development, after the opening of this new hotel.
Related News Articles
Raymond's Bold Move: Demerger of Realty Business Brings Shares Soaring
Raymond Ltd's shares skyrocketed 18% after the company announced the demerger of its real estate business into a wholly-owned subsidiary, Raymond Realty Limited.
Bengaluru's Luxury Housing Market Sees Significant Growth in H1 2024
Bengaluru's housing sales register 4% growth in H1 2024, with luxury homes priced at ₹1 crore and above witnessing 76% annual growth.
China's Economic Recovery Faces Hurdles from Property Slump and Weak Consumption
China's economic recovery is being dragged down by a continued property crisis and weak consumption, with investment in real estate dropping 10.2% year-on-year in the first seven months of the year.
Navigating the 2025 Tax Reforms for Real Estate in India
As India's real estate sector is expected to contribute 13% to the GDP by 2030, the upcoming tax reforms for 2025 are set to bring significant changes. Here’s a comprehensive guide to help you understand the impact of these reforms on your investments and
Hilton Mumbai Airport Enhances Marketing Team with Strategic Appointment
Hilton Mumbai Airport has bolstered its marketing team with a new appointment, further solidifying its commitment to excellence and guest satisfaction. This move underscores the hotel's strategic focus on enhancing its market presence and delivering excep
Bollywood Star Shakti Kapoor Sells Prestigious Juhu Property for Rs 6.11 Crore
Juhu, one of Mumbai's most luxurious and sought-after residential areas, continues to attract significant attention from Bollywood stars. Recently, veteran actor Shakti Kapoor has sold his prime property in Juhu for a hefty Rs 6.11 crore, highlighting the