It is expected to be developed by Graceworks Realty Leisure, a company promoted by Phoenix Hospitality and HBS Realtors. The hotel will come up at Phoenix Market City, Kurla complex, which is under construction.
The Kurla Complex is expected to be developed on 25 acre and will have about 1.35 million sq ft of retail and 1.20 million sq ft of office space, in addition to the Marriott.