21.1.09

Taj to restore Sea Rock


The restoration plan for Hotel Sea Rock at the fag end of Bandra Bandstand will now see the Taj Group chipping in with its expertise. The Indian Hotels Company Limited (IHCL) owns the Taj Land’s End located bang opposite Sea Rock.A deal with IHCL was sealed after plans for restoring Sea Rock with help from leading luxury hotel brand Mandarin Oriental fell apart.The five-star Sea Rock, which had 440 rooms, was known for its rooftop restaurant, the only revolving restaurant in Mumbai other than the Ambassador in Churchgate. It shut shop after it became one of the targets of the 1993 blasts that caused huge damage to the structure and a loss of Rs 9 crore for its earlier owners.
This was followed by a longdrawn property dispute until the Delhi-based Claridges Group bought it. It was to be reopened in 2009 as a five-star deluxe in collaboration with Mandarin Oriental. The company had announced plans to have 300-plus rooms, commercial and retail space and service apartments in the redeveloped property.
An IHCL spokesperson said, “Indian Hotels Company Limited has entered into a strategic arrangement with Delhi-based Claridges Group that owns Sea Rock to provide technical and management expertise for restoration, and operation of the hotel when the redevelopment of the property is completed.” The group, however, did not comment on the stake each party would have in the deal and other logistics involved in the restoration of the hotel, which will now be reopened in 2011 as The Claridges.
Real estate sources state that the Sea Rock was among hotels that had pushed for the recent increase in Floor Space Index for hotels in Mumbai. With the FSI now being raised to 3.5 from 2 in the suburbs, the redeveloped hotel would have many more rooms provided it gets the necessary Coastal Zone Management clearances.

1 comment:

Fortune Park Hotels Ltd said...

Bangalore, often termed to be the Silicon Valley, holds a major chunk of the responsibility of transforming India into an economy to reckon with that it is now and a prospective superpower in the near future. The excellent weather, the warmth of the people, and the beauty of nature have always put Bangalore on the high ranks in a travelers’ book. In the past decade or so Bangalore has become the IT capital of India and immediately the city saw a phenomenal spurt in its tourism sector. Bangalore was no longer a leisure traveler’s delight, but the city became a major financial hub. Soon delegates from all over the world had to visit the city. In keeping with the taste and travel inclination of the international delegates and business travelers a number of world class luxury and business hotels in Bangalore were opened. Big names in the hospitality industry like the ITC Welcom Group, the Taj Hotels etc have multiple hotels in Bangalore. Only recently Taj opened its 5th property in this beautiful south Indian city. A few months back ITC Welcom Group also opened its 2nd property in Bangalore. The hospitality industry is also opening budget hotels in Bangalore that have a fine mix of business and luxury in a flexible budget.