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By Hariharan U
Published on June 7, 2026
Migsun Group has announced plans to invest approximately ₹250 crore in the development of what is envisioned as New Delhi’s first luxury serviced apartment project, marking a significant step into the growing hospitality-led residential segment.
Located in Rohini, the upcoming development is expected to redefine premium urban living by combining the comforts of luxury residential spaces with the convenience, flexibility, and services typically associated with the hospitality sector. The project reflects changing consumer preferences as modern travellers, professionals, and long-stay residents increasingly seek managed living environments that offer both comfort and convenience.
The development is planned to feature nearly 500 premium serviced apartments designed to cater to a diverse customer base including corporate professionals, business travellers, expatriates, non-resident Indians (NRIs), medical tourists, and affluent urban residents looking for fully managed lifestyle experiences in the national capital.
One of the project's key advantages lies in its strategic location. Situated in Rohini, the development is expected to provide easy connectivity to major business districts, commercial hubs, healthcare facilities, and social infrastructure across Delhi-NCR. Its proximity to Indira Gandhi International Airport, approximately 20 minutes away, is expected to further enhance its appeal among domestic and international travellers.
The announcement comes at a time when professionally managed serviced residences are witnessing increasing demand globally. Shifts in work culture, greater mobility among professionals, the rise of extended business travel, and the growing popularity of flexible long-term stays have positioned serviced apartments among the fastest-growing segments in the real estate and hospitality sectors.
Commenting on the project, Yash Miglani, Managing Director of Migsun Group, highlighted the evolving preferences of modern consumers.
“The way people live, travel, and work is evolving rapidly. There is a growing preference for premium managed residences that offer the comforts of home along with world-class hospitality and professional services. Through this development, we aim to introduce a globally benchmarked luxury serviced apartment concept in New Delhi and create a landmark destination that caters to modern lifestyle aspirations,” he said.
The project is expected to offer a comprehensive range of hospitality-inspired amenities, including wellness facilities, concierge services, business support infrastructure, lifestyle experiences, and premium resident services. These features are being designed to meet the expectations of today's discerning consumers who increasingly prioritise convenience, flexibility, and personalised experiences.
The proposed development also aligns with Migsun Group's broader growth strategy of diversifying into emerging and high-potential real estate segments. With more than 2 crore square feet delivered and under development, the company continues to expand its presence across residential, commercial, and retail real estate markets in North India.
Industry observers note that while serviced apartments have witnessed strong growth in global gateway cities, the segment remains relatively underdeveloped in the Delhi market. The Rohini project therefore has the potential to introduce a new asset category that bridges the gap between traditional residential ownership and hospitality-led living.
Further details regarding apartment configurations, design specifications, pricing, and launch timelines are expected to be announced in the coming months.
With this investment, Migsun Group aims to create a landmark development that not only strengthens its real estate portfolio but also establishes a new benchmark for luxury serviced living in the national capital.
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By Manu Vardhan Kannan
IHG Hotels & Resorts has announced the signing of a management agreement with Zon Hotels (Mumbai) Private Limited for the development of InterContinental Mumbai Goregaon. Scheduled to open in Q1 2030, the new hotel will further strengthen IHG’s luxury portfolio in India and expand its presence in Mumbai, one of the country’s most important business and travel destinations.
Located in Goregaon, a rapidly growing commercial hub in Mumbai’s western suburbs, the hotel will feature 350 guest rooms, including 70 suites. Positioned between Andheri and Malad, the property will offer convenient access to key business districts, entertainment centres and transportation networks, making it suitable for both business and leisure travellers.
The signing marks another milestone for InterContinental Hotels & Resorts, the luxury brand known for delivering globally inspired experiences while connecting guests with local culture and destinations. The brand currently operates more than 237 hotels worldwide and has over 100 properties in its development pipeline.
Commenting on the development, Sudeep Jain, Managing Director, South West Asia, IHG Hotels & Resorts, said:
"We are delighted to partner with Zon Hotels (Mumbai) Private Limited to bring InterContinental Mumbai Goregaon to the city. Mumbai continues to demonstrate strong demand across both business and leisure travel, and Goregaon's emergence as a growing commercial corridor makes it an ideal location to expand our luxury portfolio."
He added:
"InterContinental Hotels & Resorts is synonymous with culturally rich and globally inspired hospitality. With InterContinental Mumbai Goregaon joining our portfolio, we look forward to creating a destination that offers world-class amenities, intuitive service, and a strong sense of place, catering to the evolving needs of modern travellers."
Sandip Gupta, Director, Zon Hotels (Mumbai) Private Limited, said:
"We are pleased to partner with IHG Hotels & Resorts to bring the world-renowned InterContinental brand to Goregaon. This collaboration builds on our existing relationship with IHG and reflects our shared vision of developing landmark hospitality destinations. We are confident the hotel will set a new benchmark for luxury hospitality in Mumbai. Leveraging IHG's global expertise, enterprise systems, and powerful loyalty platform, we are well positioned to deliver exceptional value to both guests and stakeholders alike."
The hotel will feature five dining venues, including an all-day dining restaurant, specialty restaurants, a bar and a lobby lounge. Guests will also have access to a range of wellness and leisure facilities, including a fitness centre, spa and swimming pool.
Designed to cater to large-scale events and corporate gatherings, the property will offer extensive meeting and event spaces, including one of the largest ballrooms in Mumbai. Additional facilities will include retail spaces and ample parking, enhancing the overall guest experience.
Commenting on the project, Ishwar Shukla, Director, DGS Group, said:
"The hotel will be a landmark destination in North Mumbai and a flagship asset for all stakeholders involved. Designed to the highest international standards, the property will feature exceptional architecture and contemporary design, setting a new benchmark for hospitality in the region. Catering to a diverse range of customer segments, the hotel will offer world-class experiences, combining luxury, comfort, and outstanding service."
As IHG continues to expand its luxury and lifestyle portfolio across India, InterContinental Mumbai Goregaon is expected to play a key role in strengthening the company’s presence in major gateway cities. The property aims to combine international hospitality standards with meaningful local experiences, creating a distinctive luxury destination in Mumbai.
IHG currently operates 52 hotels across seven brands in India, including InterContinental Hotels & Resorts, Six Senses, Crowne Plaza, voco Hotels, Holiday Inn Resort and Holiday Inn Express. The company also has a strong pipeline of 98 hotels planned to open across the country over the next three to five years.
IndiGo has temporarily suspended operations on six international routes between July and September 2026 as part of its network optimisation efforts. The airline said the move is aimed at aligning capacity with current market conditions amid softer seasonal demand and a challenging operating environment.
Services to Langkawi, Krabi, Ho Chi Minh City, Hong Kong and Shanghai will be suspended from 1 July 2026, while flights to Siem Reap will be paused from 3 July 2026. The temporary suspension is expected to remain in effect until 30 September 2026.
The airline has confirmed that bookings for all affected routes will reopen from 1 October 2026. However, it noted that services could return earlier if market conditions improve and operational factors become more favourable.
According to IndiGo, the upcoming quarter typically experiences lower demand in certain international markets. This, combined with rising operating costs and ongoing airspace restrictions, prompted the airline to review and adjust its network deployment strategy.
Despite the temporary route suspensions, IndiGo will continue to operate more than 1,800 weekly international flights across its network. The airline emphasised that the changes impact only a small portion of its international operations and are intended to support operational reliability while matching capacity with demand.
The carrier said the decision forms part of its broader approach to managing capacity efficiently, maintaining network integrity and remaining flexible in response to changing market dynamics. It will continue to monitor travel demand, operating costs and airspace developments while assessing future network plans.
IndiGo also stated that affected passengers will be informed proactively and advised travellers to check the latest flight schedules and updates before planning their journeys.
The temporary suspensions come at a time when airlines across the industry are dealing with increased fuel costs, airspace constraints and broader geopolitical developments that continue to influence global aviation operations. IndiGo said the network adjustment has been planned to minimise inconvenience to customers while ensuring the airline remains ready to respond when market conditions strengthen.
Published on June 5, 2026
Indian Hotels Company (IHCL), India's largest hospitality company, has announced a strategic partnership between its loyalty programme, Taj InnerCircle-NeuPass, and oneworld, the world's leading airline alliance. The collaboration aims to provide members with enhanced travel benefits and a more connected experience across hospitality and aviation services.
The partnership reflects the growing demand for integrated travel experiences, allowing loyalty members to enjoy rewards and privileges beyond traditional hotel stays and airline journeys.
Commenting on the development, Puneet Chhatwal, Managing Director & CEO, IHCL, said, “This partnership with oneworld reflects the growing consumer preference for more integrated travel experiences. As we expand Taj’s international footprint, such alliances strengthen our ability to engage a wider global audience, bringing together scale and warm Indian hospitality to create a seamless proposition across markets.”
Through the collaboration, Taj InnerCircle-NeuPass members will gain access to benefits on participating oneworld airlines. Members can currently enjoy limited-time savings with Cathay Pacific until September 30, 2026, with additional opportunities expected to be introduced in the future.
Similarly, oneworld loyalty members will receive exclusive savings on stays, dining, and spa experiences across IHCL's portfolio of hospitality brands. These include Taj, Claridges Collection, Brij, SeleQtions, Clarks, Gateway, Vivanta, Ginger, Tree of Life Hotels, and amã Stays & Trails.
Speaking about the partnership, Ole Orvér, CEO, oneworld, said, “We are pleased to bring together the world’s premium airline alliance with IHCL’s Taj InnerCircle Neupass. Members can now enjoy IHCL’s celebrated brands including the iconic Taj, bringing its century-old heritage of luxury in a first-of-its-kind partnership to extend the value of oneworld loyalty beyond air travel. Our shared commitment to quality and service will enhance how oneworld customers are recognised and rewarded throughout their journey.”
As part of the next phase of the collaboration, reciprocal loyalty recognition will be introduced. Taj InnerCircle Gold and Platinum members will be matched to the oneworld Sapphire tier, while Taj InnerCircle Copper and Silver members will receive oneworld Ruby status.
Likewise, oneworld Emerald members will be matched to Taj InnerCircle Gold status, while oneworld Ruby and Sapphire members will receive Taj InnerCircle Silver status.
Later this year, both organisations will also explore introducing opportunities for travellers to earn airline miles on hotel stays through select oneworld partner airline programmes, further enhancing the value proposition for frequent travellers.
The partnership marks a significant step in bringing together hospitality and aviation loyalty ecosystems, offering members greater flexibility, recognition, and rewards throughout their travel journey.
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