Indian real estate company Nirmal Lifestyles are collaborating with French hotel firm, Accor SA. The two companies would establish five hotels in a single campus at a Mumbai city suburb.

Nirmal itself would be investing around 10 billion rupees in the project to build a total of 1,080 rooms and a convention centre.

They are hoping to complete these projects in the next five years. Gilles Pelisson, chief executive officer, Accor spoke on this collaborative affair: “Quality international hotel brands will be important for the project as it will help attract a wide range of businesses to the area.”

They are going to invest $106-million in a 300-room premium hotel.