CapitaLand unit soft opens Somerset Greenways Chennai
It is Ascott’s first Somerset serviced residence in India.
Somerset Greenways Chennai has soft opened with 48 apartments and its remaining 139 units will be ready by the end of the year. The serviced residence is located in MRC Nagar, a 10-minute drive from the central business district of Chennai.
Ascott has five other serviced residences under development in India. The five properties are scheduled to open progressively in Ahmedabad, Bangalore, Chennai, and Hyderabad by 2015.
In total, Ascott’s properties in India will have over 1,400 apartment units and will cost more than US$250 million when fully developed.