Schloss Bangalore, the parent company of The Leela Hotels, has secured a prime commercial plot in Bandra Kurla Complex (BKC) to develop a 250-key luxury hotel. The Mumbai Metropolitan Region Development Authority (MMRDA) allotted the 8,411.88 SqM plot to Schloss Bangalore under an 80-year lease.
The total lease premium for the project stands at an estimated 1,302 INR-Crore. Meanwhile, the permissible built-up area is 33,647.52 SqM, ensuring ample space for a high-end hospitality experience. Schloss Bangalore plans to develop a mixed-use project, integrating luxury accommodations and commercial spaces.
Also Read: Prestige City Oakwood: A Landmark in Luxury Living at Indirapuram, Ghaziabad
The upcoming Leela Hotel BKC reinforces Schloss Bangalore’s commitment to world-class hospitality. The development will set new benchmarks in luxury and convenience for visitors in Mumbai. The project aligns with Schloss Bangalore’s vision of expanding premium hospitality offerings across India.
Biltrax Construction Data is tracking 35,000+ projects on their technology platform for their clients.
Get exclusive access to upcoming projects in India with actionable insights. Furthermore, gain a competitive advantage for your products in the Indian Construction Market.
Visit www.biltrax.com or email us at contact@biltrax.com to become a subscriber and generate leads.
Disclaimer: The information herein is based upon information obtained in good faith from sources believed to be reliable. All such information and opinions can be subject to change. Furthermore, the image featured in this article is for representation purposes only. It does not in any way represent the project. If you wish to remove or edit the article, please email editor@biltrax.com.
0Discover more from Biltrax Media, A Biltrax Group venture
Subscribe to get the latest posts sent to your email.
