Ratan Tata’s dream comes true: The Tata Group-run Indian Hotels Company, which owns and operates the Taj hotels, has announced an investment of Rs 2,500 crore to develop a new hotel 'Taj Bandstand' at Mumbai's Bandra. The hotel, which will be developed on a two-acre land, is opposite to landmark luxury hotel Taj Lands End.
Ratan Tata’s dream project
Maharashtra Chief Minister Devendra Fadnavis, who attended the 'bhumi pujan' ceremony of Taj Bandstand hotel, said that the project was very dear to the late Ratan Tata.
"This hotel was very dear to Honorable Ratan Tataji. I still remember he himself mentioned to me once that there are certain issues which we need to resolve. And we want to put up a hotel which will not just be a hotel, but it will be pride of Mumbai.