SAMHI Gets MIDC Nod to Extend Dual-Branded Hotel Project in Mumbai Region
SAMHI Receives MIDC Confirmation for an Extension to Develop Landmark Dual-Branded Hotel in Mumbai Metropolitan Region
New Delhi,28th October, 2025: SAMHI Hotels Limited, a prominent branded hotel ownership and asset management platform in India, today announced that it has received formal confirmation from the Maharashtra Industrial Development Corporation (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.
Project Highlights
- Location: Located along the Mumbai–Pune Expressway, within proximity to the Navi Mumbai International Airport, the DY Patil Stadium and the Atal Setu Trans-Harbour Link
- Scale: ~700 rooms, dual-branded
- Brands: Westin (Upper Upscale) and Fairfield by Marriott (Upper Mid-scale)
- Status: MIDC confirmation received for an extension to the development timeline
- Strategic Impact: Marks SAMHI’s entry into Mumbai Metropolitan Region and is expected to be the largest asset in its portfolio by number of rooms
Strategic Rationale
The MIDC extension provides development certainty and aligns the project schedule with the ongoing commercial growth in Navi Mumbai. The dual-branded configuration will allow SAMHI to serve a wide spectrum of demand drivers—including aviation, corporate, MICE, sports, entertainment, and leisureoptimizing both occupancy and ARR potential in the next growth engine of the Mumbai Metropolitan Region.
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 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.”