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

Indian Hotels Company Expands Footprint in Maharashtra with New Ginger Hotel in Thane
Real Estate Maharashtra:Indian Hotels Company Limited (IHCL), a leading hospitality company in India, has announced the signing of an agreement for a 200-key Ginger hotel in Thane, Maharashtra. This new hotel marks the company's fifth Ginger hotel in the Mumbai Metropolitan Region (MMR) and underscores its commitment to 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 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

Rise of Tier 2 Cities: The New Frontier of Real Estate Investment in India
Real Estate Pune

Rise of Tier 2 Cities: The New Frontier of Real Estate Investment in India

Tier 2 cities are emerging as major contributors to India's real estate growth

May 27, 2024
Read Article
The Khan Siblings' Rising Empire: Aryan and Suhana's Properties and Future Projects
Real Estate Mumbai

The Khan Siblings' Rising Empire: Aryan and Suhana's Properties and Future Projects

Shah Rukh Khan's children, Aryan and Suhana, are making a name for themselves in Bollywood and real estate, following in their father's footsteps.

July 29, 2024
Read Article
House of Hiranandani to Invest Rs 3,200 Crore in Redeveloping 5 Housing Societies in Mumbai
real estate news

House of Hiranandani to Invest Rs 3,200 Crore in Redeveloping 5 Housing Societies in Mumbai

House of Hiranandani, a leading real estate company, plans to invest Rs 3,200 crore in redeveloping five housing societies in Mumbai, with a total area of 17 lakh square feet and a GDV of Rs 5,000 crore.

September 12, 2024
Read Article
Prime Mumbai Land Parcel Up for Grabs: RLDA Invites Bids for 10000 sqm Property in Mahalaxmi
Real Estate Mumbai

Prime Mumbai Land Parcel Up for Grabs: RLDA Invites Bids for 10000 sqm Property in Mahalaxmi

The reserve price for the property is set at ₹805 crore, reflecting its high potential for premium projects in this sought-after location.

September 26, 2024
Read Article
SBI Funds Management Ltd's Big Bet on Mumbai's Bandra Kurla Complex
Real Estate

SBI Funds Management Ltd's Big Bet on Mumbai's Bandra Kurla Complex

Mumbai real estate: SBI Funds Management Ltd buys two commercial units in Bandra Kurla Complex for ₹103 crore

September 27, 2024
Read Article
Aditya Birla Real Estate Stock Rises 3.9% After Four-Day Decline, Still Underperforms Sector
Real Estate

Aditya Birla Real Estate Stock Rises 3.9% After Four-Day Decline, Still Underperforms Sector

Aditya Birla Real Estate's stock saw a 3.9% increase on January 14, 2025, after four consecutive days of decline, reaching an intraday high of Rs 1977.9. Despite this boost, the stock still lags behind the sector.

January 15, 2025
Read Article