Bangalore based real estate major, Expat Group, has announced a partnership with Wyndham Hotel Group, the world's largest hotel company with over 7,540 hotels and a part of Wyndham Worldwide Corporation (NYSE: WYN), for their brand Ramada®, to develop a set of three, top of the line resorts, at their weekend home projects located at Pali (Mumbai), Lonere (Pune) and Dharmapuri (Bangalore).
Nestled conveniently a short distance away from the city center, the 3 projects are collectively spread over 400 acres and will offer approximately 350 rooms.
The resorts are the first step towards creating an integrated community of weekend getaways and provide happy memories for busy, upwardly mobile families with a full range of services like golf courses, adventure sports, sports clinics, wellness centers, assisted living and residential schools. Pricing for these residential gems is set between 18 to 25 lakh. Home owners, corporate houses and real estate investors can benefit from a steady revenue stream from their investments.
According to Mr. Henry D'Souza, CEO Expat Leisure and Resorts, Expat Group, "We expect our weekend homes, leisure and resorts projects to be a key driver of growth as the market and audience maturity in India makes them a viable option for the burgeoning middle class. For us at Expat, weekend homes, resorts, clubs and sports means enhancing the family experience for our customers, while at the same time boosting their real estate portfolio. We are confident that this prestigious partnership will transform these weekend destinations into recognized landmarks in the coming years."
The resorts are the first step towards creating an integrated community of weekend getaways and provide happy memories for busy, upwardly mobile families with a full range of services like golf courses, adventure sports, sports clinics, wellness centers, assisted living and residential schools. Pricing for these residential gems is set between 18 to 25 lakh. Home owners, corporate houses and real estate investors can benefit from a steady revenue stream from their investments.
According to Mr. Henry D'Souza, CEO Expat Leisure and Resorts, Expat Group, "We expect our weekend homes, leisure and resorts projects to be a key driver of growth as the market and audience maturity in India makes them a viable option for the burgeoning middle class. For us at Expat, weekend homes, resorts, clubs and sports means enhancing the family experience for our customers, while at the same time boosting their real estate portfolio. We are confident that this prestigious partnership will transform these weekend destinations into recognized landmarks in the coming years."