π Tender Overview
Scope : To Develop Seven-Star Resort on the outskirts of Mumbai, Maharashtra
Bharat Agri Fert & Realty (BAFREL) will develop Indiaβs first seven-star resort on the outskirts of Mumbai, Maharashtra. The company plans to launch additional 170 rooms with a banquet hall and enhanced amenities in 2025-2026 to serve as venue for destination weddings on the banks of a river within the 120-acre freehold land.
The project is planned in line with PM Narendar Modiβs vision, 'Wed in India' initiative. Additionally, the company will intensify its focus on the hospitality sector in the next two-three years. The new resort project will operate under the Anchaviyo brand, which is Indiaβs first premier resorts. It will elevate the Anchaviyo Resort's position and strenghten India's reputation as a leading destination for luxury hospitality.
This expansion will take place on the surplus freehold land at its existing Anchaviyo resort at an estimated cost of Rs 50-55 crore.