Effotel by Sayaji, Ranjangaon set to become the town’s first branded hospitality address
SeaHorse Hospitality Consulting has announced a strategic partnership with the Sayaji Group to develop Effotel by Sayaji, Ranjangaon, marking the first branded hotel in the industrial town of Ranjangaon, Maharashtra. The property is expected to become fully operational by March 2028, positioning itself as a benchmark hospitality asset for the region’s growing corporate and industrial demand.
Addressing an underserved industrial corridor
Ranjangaon has emerged as a critical industrial hub, anchored by the five-star Ranjangaon MIDC that hosts several large corporate and manufacturing entities. Despite its economic significance, the region has long lacked a professionally branded hotel offering. Effotel by Sayaji, Ranjangaon is designed to fill this gap, catering to business travellers, corporate off-sites, and senior executives seeking reliable, premium accommodation.
Commenting on the development, Sandeep Roy, Founder & CEO, SeaHorse Hospitality Consulting, said,
“Ranjangaon is a critical, underserved industrial corridor. Securing the town’s first branded hotel with Sayaji ensures this asset is perfectly positioned to capture premium corporate demand and achieve market leadership from day one.”
Strategic location with strong connectivity
The hotel site enjoys a strategic advantage, located close to the Ranjangaon MIDC and approximately 50 kilometres from Pune Airport. This proximity ensures easy access for domestic and international business travellers while reinforcing the hotel’s relevance for long-stay corporate guests, visiting consultants, and project-based professionals operating in and around the industrial belt.
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Partnership formalised with key stakeholders
The official signing ceremony was held on 29 November 2025 and brought together key stakeholders from all partner organisations. The signatories included Gahininath Narawade, Sachin Malgunde, and Tushar Kale, Partners at Ranjangaon Hotel LLP, Pawandeep Singh, Director – Development at Sayaji Hotels LLP, and Sandeep Roy, CEO of SeaHorse Hospitality Consulting.
The partnership highlights SeaHorse Hospitality Consulting’s role as a hotel brand advisory firm focused on identifying high-potential, underserved markets. Its strategic involvement spans asset planning, brand alignment, and revenue optimisation, ensuring the project is structured for long-term commercial success while leveraging Sayaji’s established operational capabilities.
Property highlights designed for business-led demand
Effotel by Sayaji, Ranjangaon will be developed on a 36,000 sq ft land parcel and has been thoughtfully planned to meet the expectations of modern business travellers. The hotel will feature 50 well-appointed rooms, including four suite rooms, designed to balance comfort, efficiency, and functionality.
Food and beverage offerings will include an all-day dining restaurant with seating for 80 guests, along with a rooftop lounge bar accommodating 130 guests and offering scenic views. For meetings and events, the hotel will house a 3,000 sq ft banquet hall and a 500 sq ft dedicated conference hall, catering to corporate meetings, training sessions, and social gatherings.
Additional guest amenities will include a fully equipped gym and spa, supporting wellness and recreation needs during extended business stays.
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Positioned for market leadership
With its combination of strategic location, branded operations, and business-focused amenities, Effotel by Sayaji, Ranjangaon is positioned to become the preferred hospitality choice within the industrial corridor. The project reinforces SeaHorse Hospitality Consulting’s expertise in developing commercially resilient hotel assets while strengthening Sayaji Group’s presence in emerging, high-growth markets.
