The Ascott has secured a contract in Gurgaon to manage its first
Somerset-branded serviced residence in the region.
The Somerset Diplomatic Greens Gurgaon will have 174 units, scheduled
to open by 2019. It will be Ascott’s second serviced residence in the city, following
Ascott Ireo City Gurgaon due to open in 2017.
Somerset Diplomatic Greens Gurgaon’s management contract was granted
by Puri Constructions who focuses on Northern India real estate development.
The Ascott chief corporate officer who is overseeing the
company’s business in India, Tony Soh claimed of viewing strong growth potential
for Ascott in India. This is as delivering the Somerset brand to Gurgaon
through partnership with Puri Constructions will increase Ascott’s footprint in
India to over 1,400 apartment units in eight serviced residences across five
cities.
