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Showing posts from November 19, 2013

Assotech to set up serviced apartments in major Indian pilgrim destinations

Assotech Realty, a real estate development company, has announced their foray into the hospitality industry with the initiation of its first serviced apartment in Shirdi recently. To be built with an investment of about Rs 100 cr, the 142-room serviced apartment with five-star facilities will be the first in the series of similar projects the real estate developer intends to take up in pilgrim and business destinations across the country.  These serviced apartments will be managed and operated by Sandal Suites, a subsidiary company of Assotech Realty.