Service apartments to be launched by Assotech Realty
The Assotech Realty a Delhi-based real estate player is planning to launch service apartments in and around major cities in India.
The Assotech Realty managing director say that they already own land in Ahmedabad, Katra in Jammu and Hyderabad in which service apartments will be launched.
At present the realty company will be launching a mixed use project “Assotech Business Cresterra” inclusive of four-star level serviced residence, Sandal Street (high street retail) and high-rise offices.
Also, the company will be funding Rs 250 crores in its upcoming project on the Noida Expressway. The demand for service apartments is increasing with the raise in number of well designed properties in India.
More related story:
Serviced apartments demand increases in Bangalore
Source: The Hindu
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Really a good project by Assotech Realty
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