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IHCL to invest ₹2,500 crore to develop Taj Bandstand hotel

The New Indian Express Bhubaneswar

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February 11, 2025

INDIAN Hotels Company (IHCL), which owns and operates the Taj brand of luxury hotels and a few other souped-down labels, on Monday announced a ₹2,500 crore investment to develop a new 330-key hotel, the Taj Bandstand, in the megapolis, making it the fifth Taj branded hotel in the city, including the iconic Taj Mahal Palace at the Gateway.

- BENN KOCHUVEEDAN @ Mumbai

The new hotel will come up on a two-acre plot that once housed the Sea Rock Hotel, near the Bandra fort, which the Tatas had bought for ₹680 crore in 2009 and then demolished it and now being rebuilt as the Taj Bandstand with 330 keys, 85 apartments with multiple dining options and a convention center and a commercial complex.

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