Atmosphere Living India Invests INR 500 Crore in Luxury Real Estate and Hospitality
Each project will offer a seamless combination of real estate and hospitality, providing an unparalleled living experience.
Luxury Real EstateHospitalityAtmosphere LivingSouth AsiaIndiaReal EstateAug 20, 2024
Each of these projects will offer a seamless combination of real estate and hospitality, providing an unparalleled living experience. Simultaneously, Atmosphere Core, the hospitality arm of the group, will be opening new hotels in Kolkata, Coorg, and Bhopal over the next three months.
Sandeep Ahuja, CEO of Atmosphere Living, said that luxury villas will be constructed and sold alongside these hotels by Atmosphere Living, further enhancing the synergy between real estate and hospitality in South Asia. With their upcoming projects, Atmosphere Living aims to set new benchmarks in ultra-luxury living, beginning with the flagship Ozen-branded residences in Mussoorie.
The flagship project in Mussoorie, spread over 11.5 acres of land jointly owned by Atmosphere Living and the landowner, will feature a 100-key hotel, 70 villas available for sale and leaseback, 90 luxury apartments for sale, and 12 ultra-luxury residences that will be sold without the leaseback option. The design of the Mussoorie property will reflect the rich heritage of the region, with palace-like structures that capture the essence of the locale. This project will be branded under THE OZEN COLLECTION, making it the first Ozen-branded residence in India.
Atmosphere Living provides a unique investment opportunity for elite homeowners, allowing them to lease their residences back to the company. These properties can then be rented out, offering a lucrative income stream for homeowners. This innovative model not only enhances the value of the homes but also provides an effortless ownership experience backed by world-class hospitality services.
By blending real estate and hospitality, the company aims to redefine luxury living in South Asia, catering to the discerning tastes of elite homeowners. With their upcoming projects, Atmosphere Living is set to become a leading player in the region's luxury real estate market.
About Atmosphere Living : Atmosphere Living is a luxury real estate and hospitality company with a presence in Dubai and India. The company aims to provide unparalleled living experiences by combining luxury real estate with world-class hospitality services.
Atmosphere Living India is a subsidiary of Atmosphere Living Dubai, which has a strong presence in the Middle East luxury real estate market. The company's expansion plans in South Asia are part of its strategy to tap into the growing demand for luxury real estate and hospitality in the region.
Atmosphere Living is a luxury real estate and hospitality company that aims to provide unparalleled living experiences by combining luxury real estate with world-class hospitality services. With a presence in Dubai and India, the company is set to become a leading player in the region's luxury real estate market.
Frequently Asked Questions
What is Atmosphere Living's investment plan in India?
Atmosphere Living plans to invest around INR 500 crore in the luxury real estate markets across India as part of their expansion plans in South Asia.
What kind of projects will Atmosphere Living develop in India?
Atmosphere Living will develop luxury villas, apartments, and hotels in locations like Goa, Lonavala, Himachal Pradesh, Jaipur, and Mysore.
What is the unique investment opportunity offered by Atmosphere Living?
Atmosphere Living provides a unique investment opportunity for elite homeowners, allowing them to lease their residences back to the company and earn a lucrative income stream.
What is the flagship project of Atmosphere Living in India?
The flagship project of Atmosphere Living in India is the Ozen-branded residences in Mussoorie, which will feature a 100-key hotel, 70 villas, 90 luxury apartments, and 12 ultra-luxury residences.
What is the goal of Atmosphere Living's expansion plans in South Asia?
Atmosphere Living aims to redefine luxury living in South Asia by combining luxury real estate with world-class hospitality services and catering to the discerning tastes of elite homeowners.
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