In a pivotal moment of transformative synergy, Reliaable Developers in Bangalore, have officially signed a game-changing management agreement with Oakwood Hotels, a distinguished branch of The Ascott Ltd. This visionary partnership is set to unfold a new chapter in luxury living, strategically situated in the highly sought-after HSR-Sarjapur Road-Electronic City triangular belt.
This collaboration marks a profound commitment by Reliaable Developers to reimagine their projects, seamlessly blending opulence with an unmatched experience for both business and leisure travelers. The upcoming property is meticulously planned to feature a myriad of hybrid units, ranging from scenic lake-facing rooms to sophisticated hotel accommodations and luxurious serviced residences. These spaces will boast an array of top-tier amenities, including gourmet dining options, versatile meeting and banquet spaces, a fully equipped gym, and a serene swimming pool.
Already on an ambitious path to expand their footprint across Southern India, this partnership couldn’t have come at a more opportune time for Reliaable Developers. Dr Mahendra Reddy, Managing Director, affirms, “All our future projects will adopt this transformative model. A dedicated hospitality section will be seamlessly integrated into every property, creating an exquisite blend of luxury and affordability, elevating the overall living experience.”
The venture’s uniqueness lies in introducing hospitality amenities within plotted developments, a rarity in the Indian real estate landscape. Dr Reddy emphasises, “We are ushering in a new era for Reliaable, committed to elevating standards across our upcoming projects. Our primary focus remains on delivering premium BDA approved plots in prime locations, complemented by exclusive access to premium hospitality services within the layout.”
The Memorandum of Understanding (MoU) was recently signed by Dr Mahendra Reddy and Serena Lim, Chief Growth Officer, Ascott International Management India Pvt Ltd, the owner of Oakwood. Lim expresses her excitement, stating, “As Ascott’s Chief Growth Officer, I am delighted to announce the signing of our fourth property in the South East Tech Corridor of Bengaluru. Our newest property is strategically positioned to cater to the needs of modern professionals and business travelers alike.”
With a track record of delivering over 15,000 BDA approved plots in the last two decades, primarily around HSR Layout, Reliaable Developers have emerged as the largest plotted layout developer in Bangalore. Their projects are strategically located, enveloping esteemed educational institutions, medical facilities, entertainment hubs, and shopping complexes.
The strategic collaboration between Reliaable Developers and Oakwood Hotels signifies a paradigm shift in Bangalore’s real estate landscape. This visionary venture promises to redefine living standards, offering an unparalleled fusion of sophistication and high-end living for their discerning clientele.