Assotech Realty has launched premier serviced residences at Shirdi to cater to the needs of pilgrims.
The apartments -- ‘Sandal Suites’ will be built at an estimated cost of Rs 100 crore, the company said in a statement. Assotech Realty has developed its flagship project ‘Cabana Serviced Residences’ in Delhi/NCR.
With over 10 lakh visitors thronging the city every month, Sandal Suites at Shirdi will offer ultramodern design, infrastructure and amenities to the customers. Spread over 2.5 acres of land, Sandal Suites – Shirdi will have 125 designed suites set amidst large spance of landscaping and water bodies. Just walking distance from Shirdi Shrine, the project will have a small Sai Temple and Satsang Hall along with Pooja area and meditation centres, the company said.
Neeraj Gulati, Managing Director – Assotech Realty, “We have done an in-depth research on identifying the location and approaching it with a different aspect to make it subtle yet fruitful proposition for pilgrims. This is an opportunity to not only own a home in the spiritual town but also make it earn valuable income from the asset so created. The investment is meant to bring recurring returns to around 18–20% annually with expected daily rental between Rs 5000-6000.”
