Introducing Ritz Carlton for the first time in Worli Mumbai - Oberoi Realty

Oberoi Realty one of the benchmark realty firm in Mumbai, is ready to enhance its hospitality plan in this country. The company announced the launch of an American brand hotel, Ritz-Carlton. Strategically placed in one of the richest locales of Mumbai - Worli, the stylish INR 750 hotel is anticipated to be completed with a capital of ₹ 750 cr by 2016. This will not be a lone Ritz-Carlton in India. Now, Ritz-Carlton will appear in two great cities of India i.e. Bangalore and Mumbai. A joint venture of Vikas Oberoi and Sahana Group, Oasis Realty will develop this monumental structure.

A residential tower with 140 units covering areas of 6500 to 20000 square is likely to arise right next to the hotel on the corresponding property. The largest apartment in the building costs a minimum of ₹100 cr will be the bulkiest size apartment in this city of Mumbai. Whilst selling the residential residences, the capital will be used to construct this 238 key hotel project. Ritz Carlton will manage these residences marking it one of the fabulous places to reside in this metropolitan city.

Ritz Carlton tactics in Mumbai appeared to be showcased during a period where the hospitality sector is afflicted with an unleveled scrap, at which requirement is something that is outpaced by resources. In spite of this, the two i.e. the builder as well as the hotel entrepreneur are optimistic concerning the enduring enlargement opportunities. Operating 85 grand luxury hotel in this universe, the company stated that this development is going to be one of the great precious gem.

Project Update: 8 floors of the hotel completed and 45 floors for the residential tower.
Located just a seconds drive from the Sea Link at Worli, the hotel is also quickly from the International and Domestic airports in Mumbai. Already 19 luxury residences are sold and Oberoi realty is looking for more deals to take place.