HOME > MARKETS > COMPANY NEWS
  COMPANY NEWS
COMPANY
Arihant Superstructures’ arm enters agreement with ITC Hotels
Sep-25-2026

Arihant Superstructures’ wholly owned subsidiary -- Dwellcons has entered into a hotel operating agreement with ITC Hotels on September 24, 2026 in connection with the development of a luxury Hotel under the ‘Mementos by ITC Hotels’ brand at the Company’s World Villas project at Chowk, Mumbai 3.0.

This strategic partnership is expected to drive substantial long-term value for Arihant Superstructures. Beyond elevating the overall asset valuation of the World Villas project, the Hospitality Venture establishes a reliable model for long-term Annuity Income. Once operational, the property is projected to reach functional maturity within its first two years. At that functional level, the hotel is expected to generate an estimated annual revenue of Rs 150 to Rs 200 plus crore, with an operating margin of 45%. This financial trajectory underscores the massive untapped potential of the Chowk, Mumbai 3.0 corridor as a premium destination.

Arihant Superstructures (ASL) is a leading real estate company. It also focuses on making quality lifestyles affordable for its discerning patrons, which epitomizes the core value of the group.  


  RELATED NEWS >>