Ascott – Somerset Bellandur Bangalore Service Residences – Karnataka - Project Profile

Ascott – Somerset Bellandur Bangalore Service Residences – Karnataka - Project Profile

  • January 2018 •
  • 6 pages •
  • Report ID: 4529043
Synopsis
"Ascott – Somerset Bellandur Bangalore Service Residences – Karnataka- Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.

The "Ascott – Somerset Bellandur Bangalore Service Residences – Karnataka- Project Profile" is part of Timetric’s database of 82,000+ construction projects. Our database includes a 10+ year archive of completed projects, full coverage of all global projects with a value greater than $25 million and key contact details for project managers, owners, consultants, contractors and bidders.

Summary
CapitaLand, through its wholly-owned subsidiary, The Ascott Group Limited (Ascott), plans to undertake the construction of Somerset Bellandur Serviced Residence in Karnataka, India.

The project involves the construction of 150-unit service residences complex. It includes the construction of a banquet hall, a gymnasium, a swimming pool, all-day restaurant, a lounge bar and parking space and the installation of elevators, safety and security systems.

On October 6, 2016, Ascott has signed a management contract with Sandhya Hotels, a unit of KSP Hotels Pvt Ltd.

Project is in early stage of development and the construction work is scheduled to be completed by 2021.

Scope
The project involves the construction of 150-unit service residences complex in Benguluru, Karnataka, India.

The US$40 million project includes the following:
1. Construction of a banquet hall
2. Construction of a gymnasium
3. Construction of a swimming pool
4. Construction of restaurants
5. Construction of a spa
6. Construction of parking space
7. Installation of elevators
8. Installation of safety and security systems

Reasons To Buy
• Gain insight into the project.
• Monitor the latest project developments.
• Identify key project contacts.
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Country=India Industry=Tourism ParentIndustry=Services Date=201801 Publisher=Timetric Price=1000