TTT NEWS NETWORK
MUMBAI, 21 JULY 2024:
Indian Hotel Company (IHCL), India’s largest hospitality company, today announced the signing of its fifth Ginger branded hotel in the Mumbai Metropolitan Region of Thane, Maharashtra. This greenfield project embodies Ginger’s lean luxe design philosophy, offering guests the perfect blend of work and leisure in vibrant, contemporary spaces.
Speaking on the occasion, Ms. Suma Venkatesh, Executive Vice President – Real Estate & Development, IHCL, said, “The signing of our fifth Ginger hotel in the Mumbai Metropolitan Region (MMR) in Thane aligns with IHCL’s strategic vision of expanding its presence in key urban centres in India. Thane with its rapid development has emerged as a residential and commercial hub in Maharashtra. We are delighted to collaborate with Jagdale Infrastructure Private Limited for this new hotel.”
The 200-key Ginger Thane is located in the heart of the business district in close proximity to retail centres. 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 centre along with over 2000 sq. ft banquet hall and well-equipped meeting rooms.
Mr. Rahul Jagdale – Director & Mr. Rohit Jagdale – Director of Jagdale Infrastructure Private Limited, expressed, “We are delighted to join forces with IHCL for this new project. We look forward to bringing the vibrant brand of Ginger to a new address in Thane.”
Thane in MMR is home to numerous IT parks, businesses, and shopping centres, making it a significant destination for both business and leisure travellers.
With the addition of this hotel, IHCL will have 35 hotels including 12 under development in Maharashtra.
About The Owner:
Jagdale Group, headed by Mr. Rahul Jagdale and Mr. 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 MMR.
About The Indian Hotels Company Limited:
The Indian Hotels Company Limited (IHCL) and its subsidiaries bring together a group of brands and businesses that offer a fusion of warm Indian hospitality and world-class service. These include Taj – the iconic brand for the most discerning travellers and ranked as World’s Strongest Hotel Brand 2024 and India’s Strongest Brand 2024 as per Brand Finance; SeleQtions, a named collection of hotels; Vivanta, sophisticated upscale hotels; and Ginger, which is revolutionising the lean luxe segment.
Incorporated by the founder of the Tata Group, Jamsetji Tata, the Company opened its first hotel – The Taj Mahal Palace, in Bombay in 1903. IHCL has a portfolio of 326 hotels including 102 under development globally across 4 continents, 13 countries and in over 130 locations. The Indian Hotels Company Limited (IHCL) is India’s largest hospitality company by market capitalization. It is listed on the BSE and NSE.
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