Reasons to Consider Investing in a India Serviced Apartment

With India having opened its doors to globalization, the corporate travel market has grown rapidly and is expected to increase in future. Executives frequently travel from India and abroad to business destinations and spend months working from different locations. Staying at hotels for such long tenures becomes expensive. As the duration of stay of these migrants is assignment based it makes sense to stay in a serviced apartment as compared to staying in a hotel.

Serviced apartments which were once considered as an alternative accommodation are today recognized as a mainstream accommodation form in India. They are high quality furnished individual units, with one or more bedrooms and come with basic amenities for use everyday which include fully-equipped kitchens and well-appointed lounge areas. They are equipped with modern communication facilities such as telephone, fax and an Internet connection and also offer conference rooms, besides housekeeping staff and a concierge service. With more flexibility than traditional hotel rooms, they are family-friendly and tend to offer larger, better value accommodation than a hotel for both business and leisure travelers. Additionally, investing in these apartments also generates a steady and high rental income when professionally managed by property management services provided by the company.

The concept of serviced apartments has picked momentum in India and is gaining popularity not just in the metro cities but also in the larger tier-II cities. The right time to therefore invest in a serviced apartment in India is now and these are some of the reasons that will make the investment worthwhile:

• Serviced apartments tend to offer larger, better value accommodation than a hotel with a range of amenities, innovative facilities and personalized services.
• Their proximity to business centers and good connectivity leads to a higher rental income and capital appreciation.
• They are ideal for business and leisure travelers for short- term or long -term stays and stands out as a cost effective or budget friendly accommodation with no compromise on services and facilities.
• Globalization leading to increased tourists and business travelers is expanding the demand for serviced apartments in India with a further growth potential immensely in the coming years.
• The excellent onsite facilities and management services provided at a lower price in comparison to hotels are making them the default choice with unrestricted access to facilities and amenities provided.

Spectrum Metro serviced apartments fulfill all the above parameters and are the best bet to buy serviced apartments in Noida. The property management portfolio provided by them ensures high, guaranteed and steady rentals and brilliant capital appreciation. These serviced apartments in sector 75 Noida are professionally managed by the best in the hospitality industry – “The Country Inn Group”, that is on par with international standards. Strategically located in the business hub, right opposite the upcoming sector 50 metro station, these serviced apartments in Noida offer a home-away-from-home comfort with all contemporary facilities and professional services.