K RAHEJA GROUP UNVEILS LANDMARK HOSPITALITY PROJECT IN POWAI GRACED

Mumbai - In a moment marked by tradition, reverence, and significance, a Pre-Opening Puja Ceremony was hosted by Ms. Vijayta Raheja and Mr. Nikhil K. Raheja of the K Raheja family group, alongside Mr. Sudeep Jain, Managing Director (South West Asia), IHG Hotels & Resorts, to mark the upcoming launch of their landmark hospitality development in Powai, Mumbai.

The ceremony was graciously attended by the Hon’ble Chief Minister of Maharashtra, Shri Devendra Fadnavis Ji, lending the occasion prestige and progressive significance.

This mega development, positioned as a key addition to Mumbai’s evolving hospitality landscape, comprises a dual hotel complex along with a large-format convention centre. The project features approximately 300 keys, 13 meeting rooms, 4 F&B outlets, expansive lawns, and multiple public and event spaces, and is scheduled to open in 2026.

Blending scale with thoughtful design, the project reflects a strategic collaboration between the K Raheja Group and IHG Hotels & Resorts, aimed at delivering an integrated hospitality ecosystem catering to both business and leisure segments.

Speaking on the occasion, Vijayta Raheja congratulated the Hon’ble Chief Minister Shri Devendra Fadnavis Ji and said,

“Maharashtra continues to lead as one of India’s most progressive and investment-friendly states, driven by a strong focus on infrastructure, ease of doing business, and forward-looking governance under the leadership of our dynamic Chief Minister. Developments such as these further strengthen the state’s position as a preferred destination for tourism, business, and global investments.”

Hon’ble Chief Minister Shri Devendra Fadnavis Ji stated the importance of such large-scale integrated developments, noting that they play a vital role in strengthening Mumbai’s position as a global destination for tourism, business, and international MICE (Meetings, Incentives, Conferences, and Exhibitions). He congratulated the K Raheja Group and IHG Hotels & Resorts on this landmark venture.

The ceremony concluded on a note of optimism and forward momentum, marking the beginning of a landmark development set to contribute to Maharashtra’s pro-growth vision while reinforcing Mumbai’s standing as a premier global hub for hospitality, tourism, and large-scale conventions.

About the K Raheja Group:

The K Raheja Group originates from the establishment built by the late Shri Lachmandas Sevaram Raheja & his sons, starting in 1956. Today, our family branch is a business house & family office based in Mumbai, with our companies holding interests in real estate & hospitality. We are led by third generation Nikhil K Raheja (Managing Director of the hotel company – M/s SPHPL) & Vijayta Raheja.

About IHG Hotels & Resorts:

InterContinental Hotels Group (IHG Hotels & Resorts) is one of the world’s leading hospitality companies. Its origins date back to 1777 with Bass Brewery, and the modern IHG was formally established in 2003. Headquartered in the United Kingdom, IHG is listed on both the London Stock Exchange and the New York Stock Exchange, underscoring its strong governance and international compliance standards.