Wednesday, 8 April 2015

Key Players of Serviced Apartment Market in Mumbai



The Service Apartment Market in Mumbai is at a nascent stage giving a run for money to all Service Apartments in the city. There are lot of small players entering into this market having properties as small as 05 apartments. The average occupancy levels are improving with the passage of time as there are a lot of people who now know service apartment as a concept because of the awareness created via mode of advertisement.

Below are few major players of Serviced Apartment Industry in Mumbai

Lalco Residency - Located at Jogeshwari Vikhroli Link Road Andheri (E) this property has 70 fully furnished rooms. It is an affordable alternative to the expensive Service Apartment s of Mumbai, offering the comfort, space and luxury of a private residence with 5-Star amenities.
Room Tariff range – 6500-10000 per night

Oritel Service Apartments – Located at Andheri East this property has 63 Fully furnished Apartments.  Basic Amenities include parking, swimming pool, restaurant, fully equipped gymnasium
Room Tariff range – On request INR 5000 is the starting range per night

Landmark Suites – Located at Marol, Andheri (E) the property has 26 One and Two Bedroom Apartment Suites. The property can host small meetings, conferences & banquets. The rooftop area is available for larger functions
Room Tariff Range - 4500 – 9000 per night

Seven Serviced Apartments – Located at prime location Worli Seven has 19 Rooms which are fully furnished with all top notch facilities.
Room Tariff Range – 5000 -10000 per night

Lake Bloom Residency – Located at Powai, Andheri (East) the property has 32 Fully furnished Apartment and 20 Service Apartment type Apartments.
Room Tariff Range - 5000 – 6000 per night for 5 pax

Out of the above i personally have visited 3 of them, considering many factors which affected my choice of the best service apartment operator. i found Apartment at Lake Bloom Residency get 3.5/5 in almost all the criteria s. Their recently renovated Apartments are designed beautifully meeting all guests requirement. There is still renovation going on.









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