ASIA Travel Tips.com

Ascott Signs Citadines Serviced Residence in Bangalore, India

Search ASIA Travel Tips .com Send to Friend ASIA Travel Tips.com Latest Travel News Thursday, 21 July 2011

Ascott has secured a 96-unit serviced residence in Bangalore through a lease agreement.

Ascott will rebrand the property as the Citadines Richmond Bangalore and operate it from 1 August 2011. The property will be Ascott's first to open in India.

Citadines Richmond Bangalore is located along the well-known Richmond Road in the Central Business District. The property is also close to prominent high street retail destinations such as Mahatma Gandhi (MG) Road and Brigade Road. Many Grade-A office developments and other commercial establishments are also in the vicinity.

Citadines Richmond Bangalore will offer a mix of studio, one and two-bedroom apartments. Each apartment will come with a fully-equipped kitchen, en-suite bathrooms, separate work and living areas as well as modern amenities.

Residents will be able to relax at the swimming pool and the pool-side café or work out in the gymnasium.

Besides Citadines Richmond Bangalore, Ascott has six other properties with more than 1,300 apartment units under development in India. The six properties are located in Ahmadabad, Bangalore (two properties), Chennai (two properties) and Hyderabad. Of the six properties, Somerset Greenways Chennai, is scheduled to open later this year while the remaining five properties are scheduled to open progressively in the next three years. In Bangalore, with the addition of Citadines Richmond Bangalore, Ascott will have three properties with over 500 apartment units.

Mr Ronald Tay, Ascott's Chief Investment Officer who oversees the company's business in India, said, “Given the strength of the IT sector in India, it is timely for us to deepen our presence in Bangalore, which has been touted as the Silicon Valley of India. Due to the lack of international quality serviced residences in Bangalore, Citadines Richmond Bangalore is well-positioned to cater to the rising demand. Citadines Richmond Bangalore, Ascott‟s first property in India, will offer independent travelers the comfort of home in a world- class serviced residence and the flexibility to choose the services they require to create their own stay experience.”

See other recent news regarding: Airlines, Airports, Awards, Flights, Codeshare, FFP, Inflight, Lounges, First Class, Business Class, MICE, GDS, Rewards, Miles, Hotels, Apartments, Promotions, Spas, Yoga, Retreat, New Hotels, Traffic, Visitor Arrivals, Cruises, Free Deals, Interviews, Videos, Ascott, Citadines, Bengaluru, Bangalore


Subscribe to our Latest Travel News Daily Email Free of Charge by simply entering your email address above, or return to the Latest Travel News Asia main page to see all the latest headlines. You can also s
tay updated with our RSS Feed Free Travel News RSS Feed and even add the travel news to your website. Have questions? Please read our travel news FAQ.
Latest Travel News
Advertising
Advertising
Contact Details | Privacy | About Us | ASIA Travel Tips.com © Copyright 1997 - 2014 - ASIA Travel Tips.com - All rights reserved