IHCL ANNOUNCES TAJ BANDSTAND, MUMBAI; A NEW CHAPTER IN THE ICONIC TAJ’S LEGACY

MUMBAI, FEBRUARY 10, 2025: Indian Hotels Company (IHCL), India’s leading hospitality company today unveils Taj Bandstand project, a new landmark set to redefine Mumbai’s skyline. The Bhoomi Pujan took place in the presence of Hon’ble Chief Minister of Maharashtra, Mr. Devendra Fadnavis, and Mr. N. Chandrasekaran, Chairman, Tata Sons.

Mr. Puneet Chhatwal, Managing Director & Chief Executive Officer at IHCL, said, “IHCL opened its first hotel - The Taj Mahal Palace, in Bombay in 1903 and has for over a century woven itself into the cultural fabric of the city. Taj Bandstand, a testament to this legacy will be the torchbearer of the iconic brand Taj for the next century. Envisioned to be a defining edifice of Mumbai’s skyline, this landmark development is a tribute to Mumbai’s spirit, its people, and its growing global prominence.”

He added, “We have received key pre-construction approvals including IOD and provisional Fire NOC. Upon receiving all approvals, IHCL expects to commence construction in 2025 and complete the project over the next four years.”

Taj Bandstand, spread over 2 acres will house 330 rooms and 85 apartments with multiple dining options, convention spaces and world-class facilities. The project will also include development and maintenance of surrounding area with landscaped gardens, sporting and recreation activities as well as entertainment options paying tribute to the city’s diverse and rich cultural heritage.

With the addition of this hotel, IHCL will have 17 hotels in Mumbai including 5 under development.

About The Indian Hotels Company Limited

The Indian Hotels Company Limited (IHCL)  and its subsidiaries bring together a group of brands and businesses that offer a fusion of warm Indian hospitality and world-class service. These include Taj – the iconic brand for the most discerning travellers and ranked as World's Strongest Hotel Brand 2024 and India’s Strongest Brand 2024 as per Brand Finance; SeleQtions, a named collection of hotels; Tree of Life, private escapes in tranquil settings; Vivanta, sophisticated upscale hotels; Gateway, full-service hotels designed to be your gateway to exceptional destinations and Ginger, which is revolutionising the lean luxe segment.

Incorporated by the founder of the Tata Group, Jamsetji Tata, the Company opened its first hotel - The Taj Mahal Palace, in Bombay in 1903. IHCL has a portfolio of 362 hotels including 125 under development globally across 4 continents, 13 countries and in over 150+ locations. The Indian Hotels Company Limited (IHCL) is India’s largest hospitality company by market capitalization. It is listed on the BSE and NSE.

Please visit: IHCL; Taj; SeleQtions; Tree of Life; Vivanta; Gateway; Ginger

For media queries, please contact: kirti.dhingra@ihcltata.com