Ascott Ireo Managed Serviced Apartments, Sector 59, Gurgaon

Ireo Managed Serviced Apartments

Possession Linked Plan (PLP) Scheme available for Ascott ‘The Residence’ – Ireo City, Gurgaon


Ireo has announced Possession Linked Plan (PLP) Scheme for ‘Managed Serviced Apartments’. MSD is located at the heart of Gurgaon’s most elite, state of the art and futuristic township, Ireo City. ‘Managed Serviced Apartment’ is for both the corporate and leisure traveler, on extended stay in the millennium city.

Product USP

  1.          i.            The luxury of hotel like immaculate services with the personalized feel of home, Ireo will tie up with a premium operator to ensure high end quality standards.
  2.        ii.            There is plenty of room for you to make yourself feel at home and let your lifestyle unfold.
  3.       iii.            For guests on extended stay or for those who value a spacious place, the serviced apartment option is really value for money.
  4.      iv.            A product in a niche that is grossly under supplied in Gurgaon, the fastest growing hub for commercial activity in India.
  5.        v.            A part of 4 Acre ( approximately ) mixed used-Hospitality, Retail and Entertainment; located in the heart of Ireo City, a mega new age township spread across the prime sectors of 58, 59, 60, 61, 63A.

Product Brief

  1.          i.            High Street retail and dining option.
  2.        ii.            Creature comforts conforming to global standards, such as; Reception Area with Concierge and Visitors Lounge, Library Lounge, Convenience Store, Multi-Cuisine Restaurant, Fitness Centre, Heated Swimming Pool, Business Centre, Futuristic and Ultra-Modern Communication System, Retail & Dining Options, Housekeeping and Maintenance, Laundry Service, Basement Parking and Building Services ( FCU / VRV air conditioning, 24 hour hot and cold water supply, 100 % power back-up and security/access control systems )
  3.       iii.            Third Floor upwards – Upscale Branded Serviced Apartments
  4.      iv.            A combination of fully furnished & serviced Studio, 1BHK & 2BHK apartments
  5.        v.            Furniture, furnishings and fixtures provided in the apartment shall conform to the standards of the premium upscale hotels.

Investment Rationale

  1. Investment intensive rationale with a strong mechanism for continued and growing generation of returns out of guest occupation, being facilitated by the wide and strong sales and marketing network of  the premium  operator.
  2. Immense potential for robust capital appreciation due to both macro and micro economic factors.
  3. Located at the heart of Ireo City which is in turn located near the meeting point of 3 major roads considered as the economic lifelines of present day Gurgaon, namely the Golf Course Road, Golf Course Extension Road and the Gurgaon-Faridabad Road.
  4. The latest approach from South Delhi (Andheria more) to Gurgaon-Fardibad road (near TERI Farms) shall be very close to Ireo City, this road can be very well presumed to be the major free flowing connectivity in between South Delhi and Gurgaon in the forthcoming years.
  5. The concept of serviced apartments is the fastest growing vertical within the extremely high growth Indian hospitality sector.

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