ORIZZONTE SERVICED APARTMENTS

Featured / Reduced
IDNXT-serviced-1
TypeApartment
Sold No
StatusAvailable
MaterialBlock, Brick, Glass, Mixed, Steel, Stone, Wood

Description

VITAL FACTS

Plot Area : 15 Acres
Total No.Of Floor : G + 14
Total No. of Room : 200
Construction Status : Structure Ready

 

EXECUTIVE SUMMARY

  •  Total Number of Rooms – 200
  •  24 hrs Coffee Shop with 100 Covers
  •  Restaurant with 150 Covers & 80 Covers PoolSide Bar
  •  170000 sq.ft26 Covered & Landscaped Banquet Area
  •  Spa, Hanging Swimming Pool
  •  Car Parking- 200 Numbers
  •  Easily accessible by Road from Delhi , Noida through Noida Express Way & Agra, Mathura, Vrindavan from Yamuna Express Way
  •  Economic indicators for the subject market project a positive outlook for the economic growth in the region.
  •  Due to close proximity to Delhi , Noida and being part of the National Capital Region and with connectivity by Metro the area will show growth in population levels over the next 10 years
  •  The market is growing and has a potential for a good hotel as this has been declared the first smart city by GOI. The approach to Agra, Mathura & Vrindavan due to the express highway is excellent and lot of domestic/foreign clients are expected.
  •  The starting point of DMIC i.e Dadri is very near which is likely to be developed as a Japanese Industrial Township. Besides Greater Noida itself is an industrial area with tourism potential because of Night Safari and Formula One Race .

 

Strengths

  •  An excellent branded Full Service Hotel located in Greater Noida.
  •  Close proximity to Industrial areas of Noida, Dadri and Greater Noida
  •  Location on Tourist Route to Agra via Yamuna Express Way
  •  Rapidly growing area with increase in population of 46 % in last 10 years and third most populous district of UP.

Weakness

  •  Two new star rated Hotels in adjoining areas
  •  Markets available are price sensitive

SUPPLY

The Supply of Hotel Rooms in the area are primarily from Hotel Crown Plaza and Radisson Blu which are in close proximity having higher rates in the same category. This brings a wide scope for a branded 4 star hotel to encash upon Tourists, Visiting Faculty, Expo Participants & Exhibitors, Doctors, Business Travelers & Parents.

Analysis For Existing Hotels in Nearby Locality

S.No Hotel Location No.of Rooms Room Tarriff
1 Hotel Crown Plaza Gr. Noida 240 9750
2 Radisson Blu Gr. Noida 180 8000

 

DEMAND

The Demand for Hotel Shall Originate From :-

  •  Universities/ Institutes
  •  Corporates from Industrial Belt
  •  Hospitals
  •  Foreign Travelers visting Agra, Mathura & Vrindavan
  •  Local Businesses from Elite Class Living in the Area.
  •  Exhibitors participating in Expo Centre.
  •  Upcoming Airport Transitors
  •  Internationally approved Cricket Stadium
  •  Events at Formula One
  •  Upcoming Night Safari

Amenities

  • Health Club
  • Lift Available
  • Park
  • Power Backup
  • Rain Water Harvesting
  • Relax in Club
  • Reserve Car Parking
  • Security Available
  • Staff Quarter
  • Swimming Pool
  • Vaastu

Floor Plans

Position

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