Oberoi Realty Signs Agreement with Marriott International to Develop Hotels in Thane and Borivali

Oberoi Realty Signs Agreement with Marriott International to Develop Hotels in Thane and Borivali

Oberoi Realty Signs Agreement with Marriott International to Develop Hotels in Thane and Borivali

Oberoi Realty Elevates Luxury Living with JW Marriott Hotel Thane Garden City and Marriott International Mumbai Marriott Hotel Sky City in BorivaliMumbai, 16th February 2024: Oberoi Realty today entered into an agreement with Marriott International, aimed at enriching luxury living experiences in the Mumbai Metropolitan
Region.

The agreement marks the development of two Marriott properties: JW Marriott Hotel Thane Garden City and Mumbai Marriott Hotel Sky City in Borivali, both set for completion in 2027-2028. These developments are positioned to redefine the landscape of urban living and hospitality in Mumbai, promising unparalleled experiences for both residents and visitors alike.

Speaking on the announcement, Mr. Vikas Oberoi, Chairman & Managing Director, Oberoi Realty Limited, said, “We are delighted to develop and bring the JW Marriott Hotel Thane Garden City to Thane and the Mumbai Marriott Hotel Sky City to Borivali.

The JW Marriott Hotel Thane Garden City will be set in Oberoi Garden City, Thane, our integrated development spread across 75 acres which will also consist of luxury residences and world class amenities.

The Mumbai Marriott Hotel Sky City will be part of Sky City, our integrated living development, spread across 25 acres in Borivali East which also consists of 8 luxury residential towers and the premium Sky City Mall that spans over 1.5 million square feet.

Combined with world-class interiors, design and architecture, this association builds upon our vision of foreseeing the absolute potential of spaces, our commitment to shape the future of Mumbai's real-estate landscape and to elevate and transform lifestyles not only for our customers but also the residents in both locations.

We look forward to continuing our long- standing association with Marriott International considering our ongoing management agreement with our hotels The Westin Mumbai Garden City and The Ritz-Carlton, Mumbai.”

JW Marriott Hotel Thane Garden City will be developed within Oberoi Garden City, Thane – an integrated development by Oberoi Realty. With the existing robust infrastructure and planned connectivity, Thane has created its own identity as an aspirational destination.

Building on the success of Oberoi Garden City, Goregaon, we are committed to enhancing Thane's lifestyle with luxury apartments, landscaped gardens, and world-class education. The JW Marriott Hotel Thane Garden City will add exemplary hospitality to the growing affluency of Thane.

Situated in Sky City by Oberoi Realty, Mumbai Marriott Hotel Sky City will further enhance the integrated lifestyle. We have delivered nearly 1500 apartments which are in the process of being handed over to their customers. Slated to launch in FY 2024-25, Sky City Mall is set to offer a gamut of experiences for the whole family with leading domestic and international
brands across apparel, electronics, lifestyle, entertainment options and culinary experiences.

With impeccable architecture, world-class amenities, seamless connectivity to the Metro and Western Express Highway, and the luxuries of Mumbai Marriott Hotel Sky City and the Sky City Mall, Sky City epitomizes the pinnacle of urban living.

These developments highlight Oberoi Realty's unwavering dedication to cultivate urban luxury communities. Embracing the core tenets of New Urbanism, Oberoi Realty strives to create dynamic and sustainable neighbourhoods that prioritize community well-being and connectivity, without compromising on luxury. Through innovative design principles and meticulous attention to detail, Oberoi Realty continues to lead the way in shaping the future of urban living in India. Residents can anticipate a seamless integration of luxury, convenience, and sustainability in every aspect of these developments.


Source - https://www.oberoirealty.com/media





About the author
Sandeep Sadh

About Sandeep Sadh

Sandeep Sadh has been in the real estate business since 1993 in Mumbai. He has expertise in Buying, Selling, Leasing properties in Mumbai and a deep understanding of legal and tax related matters due to his experience.

Summary

Over the years, he has experienced the City's growth. He has been a columnist in the Times of India with numerous articles, which bring about a clear picture of the real estate market in Mumbai. He is a regular on NDTV, CNBC, ET Now Real Estate and Zee News, giving his experienced quotes as and when required.

Sandeep Sadh has used information and technology since the year 1998 and now what people call it Prop Tech to cater to the needs of Home Buyer, Seller, Investor and Corporates, HNI and NRI looking to Buy/Sell or Lease their properties in the Mumbai Property Market.

Sandeep has a holistic experience of real estate be it Leasing an Apartment for your CEO in the most upmarket buildings, to enter into a long lease for your office in Mumbai in prime buildings or an Investment in good projects with a detailed analysis keeping in mind the Demand and Supply and other micro factors of the project/property.

Sandeep Sadh has developed a few websites like www.mumbaipropertyexchange.com, www.realestatemumbai.com, www.propi.in which augment the real estate consulting business.

Right from Investments in Primary Markets to Selling, leasing and specializing for NRI’s all over the world. He is an expert in NRI Home Buying and Selling and has a good understanding of the Income Tax laws pertaining to Selling a Property and Repatriating funds overseas or reinvesting based on Capital Gains etc.

Experience

  • Residential Leasing
  • Commercial Leasing
  • Residential Home Buying
  • Commercial Property Buying
  • Investment Properties with complete Property Management as your Real Estate Family office

While transacting in the above segments, he has complete experience and deep understanding of the paper work, his areas of expertise are :

  1. Drafting of the Leave and License Agreements
  2. MOU for Buying/Selling Properties
  3. Drafting Agreement for Sale
  4. Gift Deeds
  5. Computing of Capital Gains with current ready reckoner values
  6. Drafting of Supporting Power of Attorney.

As an add on Service, Sandeep Sadh has tied up with various Professionals like Lawyers and Chartered Accountants who add value in transacting and specially services for Non Resident Indians.

Application to Income Tax for Lower Tax Deduction Certificate – Through a qualified CA and keeping a grip on the traction so that the remittance back to Non Resident Indians after Selling the property is seamlessly transferred.

You can connect with Sandeep Sadh on ssadh@mumbaipropertyexchange.com

LinkedIn - https://www.linkedin.com/in/sandeepsadhmpe/