Decade, they have filled a need for long-stay but flexible housing that wasnt? previously being met. In the recent property slump, kolkata furnished flats rates fell less than both office and residential rents. But since they offer great potential returns for developers, they are only likely to become more prominent on the local real estate scene.
Nowadays, a serviced apartments is either technically a hotel that has long-stay suites, or an ordinary residential development that offers housekeeping. But to meet those requirements, the serviced-apartment like kolkata furnished flats complex typically has to organize hotel-style access, taxi bays and safety standards etc. By contrast, in a residential development, the owner can sell some of the units and operate others as serviced apartments if he prefers that kind of business model.