by Vijaylakshmi
Bharat Agri Fert & Realty Limited (BAFREL) has announced that it will develop a 7-star resort on the outskirts of Mumbai. The company plans to launch additional 170 rooms, along with a state-of-the-art banquet hall and enhanced amenities by 2025-2026 thus offering the perfect venue for destination weddings on the picturesque banks of a river within the 120-acre freehold land.
Additionally, the company has announced that it will be intensifying focus on the hospitality sector in the next two-three years.
The new resort project will operate under the Anchaviyo brand, which is India’s first premier unique theme-based resorts. This expansion will take place on the surplus freehold land at their existing Anchaviyo resort at an estimated cost of INR 50-55 crore. Currently, the company operates 80 luxurious theme-based resorts at the same location.
Elaborating on the company’s plan, BAFREL director, Vijal Yogendra Patel, said, “We are intensifying our focus on the hospitality sector. Situated in Maharashtra’s Palghar district, Anchaviyo will offer tranquillity, natural beauty, and proximity to the Jawaharlal Nehru Port Trust’s new Vadhavan port.”
“This world-class infrastructure is expected to attract business travellers and high-end yachting enthusiasts. The Vadhavan port presents a tremendous opportunity,” he added. “We believe Anchaviyo’s 7-star experience, coupled with the port’s convenience, will create a unique and synergistic destination.”
