Ascott has secured a contract to manage its
first Somerset-branded serviced residence in Gurgaon, India.
Slated to open by 2019, the 174-unit Somerset
Diplomatic Greens Gurgaon is Ascott’s second serviced residence in
the city, after Ascott Ireo City Gurgaon which is scheduled to
open in 2017.
The management contract for Somerset Diplomatic
Greens Gurgaon was awarded by Puri Constructions Private Limited,
a company focusing on real estate development in northern India.
Mr Arjun Puri, Director of Puri Constructions, said,
“Puri Constructions is delighted to have The Ascott Limited manage
our first serviced residence at Diplomatic Greens. Ascott’s
service excellence is world renowned. Hence, it is undoubtedly the
perfect match for Puri Constructions, which has built its
reputation on providing uncompromising quality. Located within a
30-minute drive from the international airport at New Delhi,
Somerset Diplomatic Greens Gurgaon shall be the closest serviced
residence from the airport.”
Located next to Dwarka Expressway,
Somerset Diplomatic Greens Gurgaon is nestled in the middle of
about seven acres of expansive green landscaping, right in the
heart of Gurgaon.
The serviced residence will be next to
the retail zone and entertainment hub within the Diplomatic Greens
development, a 20-acre residential area
within an 82-acre integrated development that includes retail and
Designed to provide business executives and
their families with the comfort of a home, Somerset Diplomatic
Greens Gurgaon will offer a range of stylish studios, one and
Each apartment will feature a fully-equipped
kitchen and separate living and dining areas.
extensive facilities include a private gymnasium, yoga centre,
swimming pool, all-day dining restaurant and bar.
Mr Tony Soh, Ascott’s Chief Corporate Officer who oversees the
company’s business in India, said, “We see strong growth potential
for Ascott in India. By bringing our Somerset brand to Gurgaon
through our partnership with Puri Constructions, Ascott’s
footprint in India will increase to over 1,400 apartment units in
eight serviced residences across five cities. Our strategy for
India is to expand in high-growth cities where there is
significant demand for international-class serviced residences
from expatriates, project teams and business travellers. Gurgaon
is a fast-developing city where a large number of manufacturing,
IT and construction companies are based. We are confident that our
Somerset brand will do well in Gurgaon.”
Ascott currently operates Somerset Greenways Chennai and Citadines
Richmond Bangalore. Besides Somerset Diplomatic Greens Gurgaon,
five more serviced residences are scheduled to open progressively
in Ahmedabad, Bangalore, Chennai, Hyderabad and Gurgaon by 2017.
“We are also seeking
opportunities in key business cities including Mumbai, New Delhi
and Pune,” Mr Soh added.
See other recent news regarding: