The hotel is part of a major new development in the Lower Parel district of the city and is expected to open in 2017.
When complete the property will consist of 470 rooms, suites and serviced apartments, a range of restaurants and bars, extensive conference, wedding, banqueting and meeting facilities and a Talise spa.
This agreement represents the first phase of Jumeirah Group’s expansion into India. The company is currently in advanced negotiations on potential projects for hotels and resorts in other key destinations in India.
President and Group CEO of Jumeirah Group, Gerald Lawless, said: “The demand for five-star hotels in the Indian market has been robust.”