Nano Prompts Serviced Apartment Demand in Ahmedabad

Tata Motors will soon be setting up a Nano plant 25 km from Ahmedabad and the project is predicted to change the face of the serviced apartment industry in India.

Although serviced apartments are a relatively new concept in India, senior level executives of Tata Motors are expressing a preference for serviced apartment living as an alternative to purchasing corporate housing. Sarkhej-Gandhinagar and Ahmedabad-Sanand highway have been chosen as prime locations for the serviced apartment development. Each unit will be completely furnished and will include WiFi and broadband services. The serviced apartments will range from one to three bedroom units beginning at Rs 20,000 to 36,000 per month.

The city currently has seventy to one hundred serviced apartments in which occupancy is usually between fifteen days to three months. It is predicted that the demand for serviced apartment accommodations will increase during the next two to five years due to the fact that there will be corporate clients moving into the city who need temporary housing. The demand will also increase due to the number of residential societies.

According to serviced apartment operators such as Royalty Private Limited and Shanti Serviced Apartments, exploration for additional sites designed exclusively for serviced apartments has been underway to provide accommodations in which corporate clients can take up residence immediately and simply move in with just a bag. The serviced apartments will offer much more flexibility and freedom.

The Nano project is expected to revolutionize the serviced apartment industry in India and begin a new wave of corporate development in Ahmedabad and the surrounding area. Originally the serviced apartments were utilized for people visiting the country on leisure travel or coming home for a brief stay.

For additional information on serviced apartment accommodations, contact Move and Stay at www.moveandstay.com .

Serviced Office Market Increasing in India

According to market statistics, business start-ups, professionals, and large companies who are looking to establish a presence or expand their business to India, are increasingly opting to choose serviced office space as opposed to conventional leased office space. Businesses prefer to take advantage of the flexibility of serviced office space that does not require furnishing and an extensive lease but provides a professional business presence with immediacy and location at a reasonable cost.

With serviced office space, a company can opt to stay for a few months, a few years, or even a few hours regardless of whether it needs a full office or virtual presence with a virtual office. Companies can simply enter, sign a simple agreement and immediately start conducting business. This simplicity allows business to concentrate on business development, productivity and profitability instead of detailed logistics of establishing a presence. The company pays for serviced office space on a pay as you go basis with the flexibility of allocating additional space at short notice.

In India, the cost per serviced office space could amount to anything between Rs 20,000 and Rs 80,000 and the market is rapidly beginning to double because it is beginning from a low base of current serviced office availability. According to Avanta, a leading serviced office space provider in the United Kingdom, the trend of serviced offices has significantly increased in India and the company recently launched its first facility at Connaught Place. The demand for serviced offices has increased due largely because of high rental of conventional leased office space.

Avanta predicts that the trend of leasing serviced offices will continue to be on the upswing in India during the next few years and the company plans to expand its portfolio of serviced office properties to accommodate the trend.

To learn more about available serviced office accommodations and the upward trend of increase space availability, contact Move and Stay at www.moveandstay.com .

Avanta Launches Serviced Offices in India

Avanta, a leading provider of serviced office space throughout the United Kingdom, recently launched its first serviced office facility in Statesman House, Connaught Place, New Delhi. The new serviced office property occupies 21,000 square feet of office space and offers meeting and training rooms, a secure reception area, and wi-fi enabled communal areas.

The serviced office building is located in the heart of New Delhi’s primary business district and within close proximity to domestic and international airports, the railway station, the main shopping area of Connaught, and a variety of restaurants and bars.

The serviced office spaces range from two person furnished accommodations to complete floors that are tailored to meet the individual needs of each client. The prime serviced office space is competitively priced featuring cutting edge communications technology that includes VoIP telephone systems, Internet access, and dedicated client server rooms.

The serviced office facility offers businesses a complete package of office support and is capable of delivering an entire range of business center facilities to home workers, business start-ups, mobile professionals, and larger companies seeking a presence in India. There is also a meeting and training room facility equipped with audio and videoconferencing, that is available to companies desiring to rent space short term for meeting and training sessions.

The serviced office center in Statesman House, New Delhi, has already attracted many inquiries noting that the Avanta model is known for quality and value in many professional markets. Avanta plans to expand their serviced office facilities to other regions in India in the near future.

During the grand opening of the new center, Avanta provided a reception for business partners, clients, and international and Indian commercial property consultants. The reception was followed by a guided tour of the serviced office facility and a party that included a performance by Ash Chandler who is one of India’s popular stand-up comedians.

Avanta's primary mission is to provide organizations of all sizes and types with well-equipped, non-branded and high quality serviced office accommodations in prime locations, flexible services and contracts, fixed and reliable pricing and exceptional value for the money.

Additional information on serviced offices can be obtained from Move and Stay at http://www.moveandstay.com/ .