Pune Real Estate: Serviced Apartments are in

By: George Gonigal

Who needs to hire a hotel room when a plush serviced apartment is available? Many real estate agents are selling this dream to Pune residents. Property brokers here are trying to popularise the concept of serviced apartments. They are trying to position these swank, fully furnished apartments as an alternative to resorts, guest houses and hotels.

There are just handful of property agents who provide fully furnished apartments in and around Pune, but they claim that their business is thriving.

Enkay Condominiums is one such property agency that provides fully furnished apartments in Pune, Gurgaon and Delhi. A two bedroom serviced apartment from Enkay Condominiums costs Rs 25,000 per week. If a user wants to rent out a study space with the same apartment, then he would have to pay Rs 30,000 per week for it. The rent here includes the electricity charges, daily cleaning charges and daily laundry charges.

These apartments are serviced with world class lifestyle features. The users are served light breakfast. These apartments have broadband facility as well. The only feature that they lack is the telephone connection. The service providers do not provide telephone facility.

Manisha apartments is another big player in this category. Their apartments are located in Kondhwa, just 6 kms away from the airport. A studio apartment here costs for Rs 2,400 per day and an extra person/ bed would cost Rs 750. Beverly Hills Suites and Service Apartment is another agency that provides fully-furnished apartments in Pune.

Their complex is located in Lulla Nagar. Their apartments are well equipped with all the facilities such as air conditioning, telephone, parking facilities etc.

Clearly these apartments and their facilities are for the upwardly-mobile segment of the society. Property brokers mostly focus on Non-Resident Indians (NRIs), High Net-worth Individuals (HNIs) and global corporate houses for such services. The good news is that this concept has been introduced in the Indian real estate segment and it will take time to become affordable and hence popular among the masses.

For more details on , log on to magicbricks.com

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