SAMHI Hotels Limited, one of India’s leading branded hotel ownership and asset management platforms, has received formal confirmation from the Maharashtra Industrial Development Corporation (MIDC) granting an extension to the development timeline for its flagship hotel project in Navi Mumbai.
Strategically located along the Mumbai–Pune Expressway and close to the Navi Mumbai International Airport, DY Patil Stadium, and Atal Setu Trans-Harbour Link, the hotel will consequently enable SAMHI to tap into diverse demand segments.
The upcoming property—proposed to operate under the Westin and Fairfield by Marriott brands (subject to the execution of definitive agreements)—will become SAMHI’s largest hotel by room inventory and will further strengthen its strategy to expand through high-quality, demand-driven assets in strategic gateway markets.
Strategically located along the Mumbai–Pune Expressway and close to the Navi Mumbai International Airport, DY Patil Stadium, and Atal Setu Trans-Harbour Link, the hotel will consequently enable SAMHI to tap into diverse demand segments.
The MIDC extension ensures development certainty and aligns the project timeline with the rapidly evolving commercial ecosystem of Navi Mumbai. By adopting a dual-branded model, SAMHI Hotels will be able to serve multiple customer profiles across aviation, corporate, MICE, sports, entertainment, and leisure segments, thereby maximizing occupancy and revenue potential in one of India’s fastest-growing hospitality markets.
Commenting on the development, Mr. 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 the 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 prioritizing 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.”
