Serviced Apartments Gain Popularity
In many cases, renting and furnishing a conventional flat would be too complicated, taking a hotel room would be too expensive. Nowadays, serviced apartments are available in many major cities and in several most economically strong regions.Many companies are tying up with the owners to accommodate their employees. The serviced apartment is not only close to all kinds of entertainment, but also offers convenient access to major business centers in the city.
They come equipped with iPod docking station, 42 inch plasma TV and complimentary Internet access, besides kitchens featuring top notch brands such as Poggenpohl and Gaggenau. For professional groups such as trainers, sales representatives or exhibition staff that are often hired on a short-term or project basis, serviced apartments are an interesting option.
This is a new concept in India but the western countries have already welcomed it. While in the U.S. and many other countries, the term “corporate housing“ would be equivalently used for serviced apartments. Depending on the concept, the vast majority of operators offer such amenities as laundry, breakfast or cleaning service.
The term “serviced apartment” is used when referring to an alternative for hotel accommodation for short and long stay leisure and business travelers.This type of apartment offers generally a 24-hour reception, is located in city centers, and attempts to give the guest a home feeling. They range from budget to deluxe and room types range from studio apartments to two or three bedroom apartments. Some are equipped even have luxury features such as European-style gourmet kitchens, generous closet space, full-sized washer and dryer, ceramic tiled bathrooms, oversized tubs, and high-tech wiring/networking capabilities.
Investing in serviced apartments, along the IT corridors has been the best bet. Serviced apartments are either villas or apartments. In a normal residential unit, the owner or the occupant stays for a long period. The serviced apartments have occupants who come for just a day’s stay or for a short period. These apartments are permitted in areas classified as commercial and industrial zones. Those operating serviced apartments should register as commercial and these are covered under luxury tax.
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