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By Hariharan U
Published on October 17, 2026
ITC Hotels Limited has signed a management agreement for Mementos by ITC Hotels Karjat, a planned 227-key luxury resort in Maharashtra, strengthening its presence in leisure destinations around Mumbai and Pune.
Located against the backdrop of the Sahyadri foothills, the proposed resort will cater to travellers seeking nature-led holidays, wellness experiences, destination weddings and corporate retreats. Karjat's scenic setting and connectivity to Mumbai and Pune have contributed to its emergence as a leisure and events destination in western India.
The signing forms part of ITC Hotels' strategy to expand its portfolio in destinations with potential for leisure travel, celebrations and experience-led hospitality.
Mementos by ITC Hotels Karjat will comprise 227 rooms and suites designed to reflect the character and tranquillity of the destination. The property is planned as a luxury retreat combining accommodation, dining, wellness and recreational experiences.
Its food and beverage offering will include an all-day dining restaurant, specialty restaurants, a bar and a tea lounge. The resort is also expected to feature destination-inspired culinary experiences showcasing regional and international cuisines.
Wellness and recreation facilities will include a signature spa, fitness centre, swimming pools and a range of recreational activities, positioning the property to serve both short leisure stays and longer wellness-focused visits.
A major component of the development will be its event infrastructure. The resort is planned to offer over 60,000 sq. ft. of indoor event space, including a grand ballroom and versatile meeting venues, along with more than 30,000 sq. ft. of outdoor lawns for social gatherings.
These facilities are expected to support destination weddings, conferences, corporate retreats and other large-scale celebrations, adding to Karjat's appeal as an events destination within reach of Mumbai and Pune.
Commenting on the signing, Anil Chadha, Managing Director, ITC Hotels Limited, said, “As India's leisure travel landscape continues to evolve, travellers are increasingly seeking meaningful escapes that blend nature, wellness and bespoke experiences. Karjat, with its picturesque setting, excellent connectivity and growing prominence as a hub for celebrations and retreats, is well-positioned to cater to this demand. The signing of Mementos Karjat reflects our commitment to expanding our portfolio in high-potential leisure destinations.”
Ashok Chhajer, Chairman and Managing Director, Arihant Super Structures Limited, added, “Karjat has long been admired for its natural beauty and serene surroundings, offering a refreshing contrast to the pace of urban life. Our group's vision is to create an iconic destination in Maharashtra that not only showcases the charm of the region but also becomes a preferred setting for memorable holidays, celebrations and transformative retreats. Working with ITC Hotels Limited for the Mementos brand brings together a shared commitment to excellence.”
Mementos by ITC Hotels is a collection of resorts across varied destinations, encompassing contemporary properties, secluded retreats and historic settings. The brand focuses on destination-led experiences, local culture, regional flavours and personalised hospitality.
The planned Karjat resort will add another leisure destination to the collection, combining its natural surroundings with facilities designed for relaxation, celebrations and business gatherings.
With the signing, ITC Hotels continues to expand its presence in India's leisure hospitality segment, targeting destinations that bring together accessibility, natural landscapes and demand for premium experiences.
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