Reliaable Developers partners with Oakwood Hotels for their latest plotted development project in Bangalore

Bangalore’s leading plotted layout developers Reliaable Developers announced the signing of a management agreement with Oakwood Hotels, a part of The Ascott Limited for the new property in the entire HSR-Sarjapur Road-Electronic City triangular belt.

The new property is planned to offer hybrid units, comprising lake-facing rooms, hotel rooms and serviced residences. These accommodations feature a range of amenities including food and beverage offerings, versatile meetings and banqueting spaces, a gym, and a swimming pool. This brings in a readymade clientele of 500+ families for the hotels.

Already on the path to expanding its footprint across Southern India, this collaboration comes in as the right step at the right time towards enhancing living standards and making luxury amenities accessible to customers. “Going forward, all our new projects will come in this format. There will be a hospitality section in all of our properties and the blend of luxury and affordability is going to take the experience a notch higher,” says Dr. Mahendra Reddy, Managing Director at Reliaable Developers.

Dr. Reddy signed a MoU with Serena Lim, Chief Growth Officer, Ascott International Management India Pvt Ltd, which owns Oakwood. Commenting on the new property, Lim expressed “As Ascott's Chief Growth Officer, I am thrilled to announce the signing of our fourth property in South East Tech Corridor of Bengaluru. This strategic move is in response to the burgeoning demand from the bustling IT parks and industrial corridors in the area. Our newest property is perfectly situated to cater to the needs of modern professionals and business travellers alike. We are delighted to partner with Reliaable Developers, one of Bengaluru's largest plotted layout developers, in this venture. Together, we are poised to offer unparalleled hospitality experiences in one of India's most dynamic and vibrant cities.”