Oberoi Realty and Aman Group to Revolutionize Mumbai Luxury with New Hotel and Residences
Oberoi Realty's joint venture I-Ven Realty Ltd partners with Switzerland's Aman Group for a prestigious hotel and branded residences project in Mumbai. The project, located in Worli, involves a luxury hotel with 80 rooms and expansive residences. Aman will manage the hotel brand, promising a 25-year term starting in 2032.
- Country:
- India
Oberoi Realty has announced a strategic partnership with the Switzerland-based Aman Group for a monumental hotel and residences development in Mumbai. This project marks a significant milestone in the luxury real estate landscape of India.
The joint venture company, I-Ven Realty Ltd, in which Oberoi Realty holds a 39.13% stake, will undertake this development on a 4-acre land parcel in Worli, Mumbai. The project includes an upscale hotel featuring 80 guest rooms, food and beverage services, and other facilities, alongside 150,000-200,000 sq ft of luxurious residential space.
The prestigious Aman brand will manage both the hotel and residences under long-term agreements. This collaboration underscores Oberoi Realty's commitment to delivering world-class luxury in India.
(With inputs from agencies.)
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