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Business Daily from THE HINDU group of publications Thursday, February 19, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
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Update at 1815 hrs (IST)
Marketing Lahari group unveils investment-cum-vacation home opportunity HYDERABAD: Lahari Holiday Homes Ltd, part of the Lahari Group, has unveiled an investment-cum-vacation home opportunity - Lahari Suite Homes - in Hyderabad. Lahari Suite Homes will be located adjacent to Lahari Resorts, the relaxation and entertainment d estination of the twin cities at Bhanoor Village, Pattancheru, about 28 km from here. Modelled on “owning” a service apartment, Lahari Suite Homes ensures that customers not only benefit by getting assured returns on their investments in terms of fixed monthly rentals, but also get free a three-day stay every year and free lifetime member ship to the Lahari Resorts, Lahari Group Chairman Mr Hari Babu said here on Thursday. “Lahari Suite Homes is an ideal investment opportunity ... With the prevailing uncertain and risky market conditions, customers now have an investment option that is not only easy on the pocket but offers multiple assured avenues of returns,” he said.
All the 737 suite homes will be built on six acres, having eight floors, at an estimated cost of Rs 40 crore. These apartments be completed for occupation by March 2011. Each apartment costs Rs 12 lakh and will consist of a bedroom, kitchen and dining-r oom, he said. - PTI
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