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Do the service apartments sell? Are there any takers for those apartments?
Q: I have heard of many builders who have joint partnership with hotel chains and build apartment on the hotels or service apartments. Are there buyers for those apartments? Does it work that way?
Yes it very convenient to buy those apartments. Those apartments will be fully furnished and you do not need to worry about the furniture and other things. Everything is happening in those apartments. Less than 10% only would mind buying those apartments. It is very common in Pune. A commercial place down and residential complex on top.