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Service Apartments, Bangalore.
Serviced Apartments in Bangalore are fully furnished apartments, given for short term rent, with room service. They offer a variety of amenities and services like, fully furnished bed-rooms, en-suite bathrooms, Hot/Cold running water, Kitchen, Crockery & Cutlery , Refrigerator,
Washing machine, Cable TV, Broad Band internet Connection, Daily changing of linen,
Rroom cleaning, Assistance by room boy etc.
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Service Apartments Investment News. New Serviced Apartments in India.
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anywhere in Bangalore Not limited to those listed below. To hear Tariff, amenities and any other details
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Service Apartments Investment News.
New Serviced Apartments. Future Investment Plans of Major Players.
(First Published in the month of Nov. 2008)
Oakwood launches service apartment in Bangalore.
US-based Oakwood, has opened its Bangalore service apartment ‘Oakwood Premier Prestige Bangalore’ in alliance with Bangalore-based Prestige Group.
Oakwood serviced apartment is located at UB City on Vittal Mallya road and has 177 serviced residences.
The property in Bangalore is Oakwood’s second after Pune, which opened in July 2007. The company expect to operate 10 properties by 2010 in cities Mumbai, Pune, Chennai,Hyderabad and New Delhi................... [More]
Tata Nano project to fuel demand for Ahmedabad service apartments.
Times of India reports suggests that Nano small car project by Tata could fuel demand for service apartments in Ahmedabad.
Till the date, Service Apartments were sought mainly by NRIs visiting back home, medical trourists and some corporates.
As Tata Motors have not planned any township, it is expected that many of their executives may prefer to stay in Service Apartments than buying houses.
Sarkhej-Gandhinagar and Ahmedabad-Sanand highway have become hotspots for builders who are planning to set up service apartments.................. [More]
Oakwood Started Serviced Apartments operaton in Pune.
Oakwood Asia Pacific, a division of Oakwood Worldwide, which is headquartered in Singapur, plans Service Apartments in many cities in India. They have already
started operation in Pune. Tariff starts from Rs. 7888/- per night. Other Indian cities they are expected to commence operation are: Bangalore (by year 2008), Chennai
(by year 2010), Gurgaon (by year 2010), Hyderabad (by year 2010), Mumbai (by year 2008) and New Delhi (by year 2010)..................[More]
Real Estate Apartments Builders to Set up Serviced apartments
Serviced apartment segment appears to be carving out a niche for itself within the hospitality sector. Sensing the opportunity, realty majors such as Ansal API and
Parsvnath Developers, besides a host of new aspirants, are in the fray to meet the growing demand.
New players such as Mennen Aviation & Hospitality Ltd, plans to set up 15 service apartments by 2010. Parsvnath Developers Ltd is building fully-furnished service
apartments at Bhiwadi in Rajasthan, and Chandigarh. It is estimated that the size of the serviced apartment industry to be about 20 per cent of the total hotel industry
business. Ansal is building five types of service apartments in Greater Noida and Sushant Nagar City townships..................[More}
Royal Orchid to foray into service apartments
Royal Orchid Hotels Limited (ROH) is planning an entry into service apartments across the country.
The Rs 85-crore Bangalore-based company has tied up with Ramada Inn hospitality group of US as their management partners in the country.
ROH chairman and MD Chander Baljee said the company would open a 72-unit property in Pune in a month’s time and was also planning to open service apartment properties in the emerging industry and business centres in the country. The company is building a property in Bangalore, and will partner with the real estate players elsewhere. It signed a management contract with Pune-based Vascon Engineers for the latter’s service apartments property, Vascon Golden Suites, for a period of 20 years. It also considers another service apartment in Hinjawadi...................[More}
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