Lemon Tree Hotels Limited announced
that its material subsidiary, Fleur Hotels Limited, has acquired a strategically
located land parcel in Bandra (East) adjoining Bandra Kurla Complex, Mumbai to
develop a hotel under the “Lemon Tree Premier” brand.
Location:
Bandra (East), adjoining Bandra Kurla Complex (BKC) — one of Mumbai’s most prominent business and lifestyle hubs.
Property:
Planned Lemon Tree Premier hotel with ~172 upscale rooms and suites.
Amenities:
Contemporary accommodation, all-day dining, fitness centre, swimming pool.
Market Impact
- This will be Lemon Tree’s 7th property in Mumbai, strengthening its cluster-level presence across key micro-markets.
- Positioned to serve business travellers, MICE (Meetings, Incentives, Conferences, Exhibitions), leisure, and social segments.
- Bridges crucial corridors between BKC’s corporate hub and Bandra’s vibrant social scene.
Leadership Insight
Neelendra Singh, MD, highlighted:
> “Mumbai is a collection of high-yield, distinct micro-markets. Expanding to seven properties in the city, with our first development in Bandra, aligns directly with our strategy of building cluster-level market density.”
This acquisition reflects Lemon Tree’s deliberate focus on premium urban sites and expanding its footprint in top-tier hospitality markets.
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