Overview
- Indian Hotels Company Ltd announced a signed agreement for a Tree of Life resort in Panheli, Raigad, described as a brownfield conversion.
- The property is planned with 28 rooms and suites plus an all-day dining restaurant, a bar, and over 5,000 square feet of banqueting space.
- Tree of Life AeroVillage Panheli is marketed with a private airstrip enabling roughly 30-minute charter flights from Mumbai or Pune.
- Recreational features promoted by IHCL include nature treks, a 9-hole golf course, a 20-seat private theatre, and a multi-sport stadium.
- With this signing, IHCL reports 54 hotels in Maharashtra, including 27 under development, and no opening date or financial terms were disclosed.