
SAMHI Hotels, one of India’s leading hotel ownership and asset management platforms, has received formal confirmation from the Maharashtra Industrial Development Corporation (MIDC) for an extension to the development timeline of its flagship Navi Mumbai hotel project.
This approval clears the path for SAMHI to develop a landmark dual-branded hotel with approximately 700 rooms, located near the Navi Mumbai International Airport and DY Patil Stadium. The project, to be operated under the Westin (Upper Upscale) and Fairfield by Marriott (Upper Mid-scale) brands (subject to definitive agreements), will be SAMHI’s largest hotel asset by room count.
Key Highlights
The first phase will include around 400 rooms, forming a core component of the company’s scalable asset strategy focused on gateway markets with strong demand potential.
Strategically located along the Mumbai–Pune Expressway, and close to the Atal Setu Trans-Harbour Link, the development will benefit from excellent connectivity and rapid commercial expansion in Navi Mumbai. The MIDC extension provides development certainty and aligns project timelines with the region’s growing economic and infrastructure ecosystem.
Ashish Jakhanwala, Chairman & Managing Director, SAMHI Hotels, 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 marquee addition to our portfolio, with a complementary dual-branded hotel under the Westin and Fairfield by Marriott brands. By prioritizing Phase 1 at approximately 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 now covered all key office markets across India.”
Also Read: SAMHI Signs Lease for 260-Room Hotel in Hyderabad
The dual-branded model allows SAMHI to target diverse demand segments—aviation, corporate, MICE, sports, entertainment, and leisure—maximizing both occupancy and average room rates (ARR), while reinforcing its commitment to high-quality hospitality assets in India’s key urban hubs.
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