SAMHI receives MIDC confirmation for an extension to develop Landmark Dual-Branded Hotels

Proposed to be operated under the Westin and Fairfield by Marriott brands

  SAMHI Hotels Limited,  announced that it has received formal confirmation from the Maharashtra Industrial Development Cor     poration (MIDC) granting an extension to the development timeline for its marquee hotel project in Navi Mumbai. This approval clears the path for SAMHI to commence development of a landmark, dual-branded hotel comprising ~700 rooms near the Navi Mumbai International Airport and DY Patil Stadium, with Phase 1 development planned at ~400 rooms.

Proposed to be operated under the Westin and Fairfield by Marriott brands (subject to the execution of definitive agreements), the proposed project will be SAMHI’s largest hotel asset by number of rooms, reinforcing the company’s strategy of scaling with high-quality, demand-accretive assets in gateway markets. 

Commenting on the development, Ashish Jakhanwala, Chairman & Managing Director, SAMHI Hotels Ltd. said, “We are delighted to receive MIDC’s confirmation, which unlocks a transformational opportunity for SAMHI in Mumbai Metropolitan Region. This development will be a large, marquee addition to our portfolio, with a complementary dual branded hotel under the Westin and Fairfield by Marriott brands. This positions us to capture the diverse demand segments around the Navi Mumbai International Airport and DY Patil Stadium corridor.  By prioritising Phase 1 at ~400 rooms, we can bring high-quality capacity to market sooner, align with infrastructure timelines, and scale efficiently to the full ~700 rooms thereafter.  As our single largest hotel by rooms, it meaningfully advances our scale and strengthens our presence in a critical gateway market. With this SAMHI has covered all key office markets across India.”