IHG Marks Pre-Opening Milestone For Powai Project

01 Apr 2026 CW Team

IHG Hotels and Resorts (IHG) marked a pre-opening milestone for its Powai hospitality development with a traditional puja ceremony in partnership with the K Raheja Group. The event was attended by Devendra Fadnavis, Chief Minister of Maharashtra, Vijayta Raheja and Nikhil K. Raheja of the K Raheja family group, and Sudeep Jain, Managing Director, South West Asia, IHG. Organisers said the ceremony formalised the commencement of final preparations ahead of the scheduled opening.

The development will comprise a dual hotel complex and a large convention centre and is expected to feature around 300 keys, 13 meeting rooms, four food and beverage outlets, and multiple indoor and outdoor event spaces. The configuration is designed to serve both business and leisure demand and to accommodate a wide range of event formats from small meetings to larger conferences. Project planners indicated that the facilities will cater to conference delegations and social events alike.

The development forms part of IHG's strategy to expand its footprint in key urban markets through integrated hospitality formats. Located in Powai, the project aims to address growing demand for MICE and large-scale events infrastructure in Mumbai. IHG noted that such integrated projects are central to its approach for capturing business from domestic and international travellers while supporting longer-term urban hospitality growth.

Company and government representatives said the project will strengthen Mumbai's position as a hub for tourism and MICE and will encourage further investment in hospitality infrastructure. Vijayta Raheja emphasised the state's progressive governance and investment friendly environment as reinforcing factors for development. The Chief Minister highlighted the contribution of such projects to the local economy and the broader aim of positioning Mumbai as a global events destination. Project teams affirmed that work will continue towards the planned 2026 opening.

Infrastructure Transport

25 Apr 2026

Sector 51-52 Metro skywalk in Noida remains shut despite being ready for over a year

Thousands of commuters travelling between Delhi Metro Rail Corporation’s (DMRC) Sector 52 station and Noida Metro Rail Corporation’s (NMRC) Sector 51 station continue to face daily inconvenience as the 300-metre air-conditioned skywalk connecting the two stations remains closed, despite being completed over a year ago, according to a report.The Noida Metro Rail Corporation built the foot overbridge to enable a seamless interchange between the Delhi Metro and Noida Metro networks. However, pending finishing work and a structural obstruction have delayed its opening.Krishna Karunesh, Chief E..

Maharashtra clears Metro Line 5A, expansion of Mumbai Metro Line 5

The Maharashtra government has approved the expansion of Mumbai Metro Line 5 along with a new integrated corridor, Metro Line 5A, forming a combined 34.2-km metro network across the Thane-Bhiwandi-Kalyan-Ulhasnagar belt. The integrated project has been cleared at an estimated cost of ₹18,130.55 crore, according to a government resolution (GR).Metro Line 5 was originally approved in October 2017 as a 24.9-km fully elevated corridor with 17 stations connecting Thane, Bhiwandi and Kalyan, with an initial project cost of ₹8,416.51 crore. The corridor is being developed in two phases.The first ..

Bengaluru Metro expansion seen driving office demand

Bengaluru’s expanding metro network is expected to emerge as a major catalyst for real estate growth, with the Yellow and Pink Lines likely to boost both office demand and residential prices across key micro-markets, according to a report by Colliers India.The report estimates that over the next two years, Bengaluru could witness an additional 5–7 million sq ft of Grade A office space demand across the Central Business District (CBD), Secondary Business District (SBD) and Electronic City. Improved metro connectivity and reduced commute times are expected to drive higher occupier interest a..