The group has always had a strong presence in
the hospitality business because of Seth Motilal Sanghi's forays
into the cinema business and the auto distribution business, both
of which required customer focus coupled with prime real estate.
From 1985 onwards, the group began to commercially build its hospitality
investments by developing a prime residential apartment complex
in the extremely high-priced South Mumbai area. This project consisted
of 45,000 square feet of luxurious extended-stay suites and apartments
in Malabar Hill, Mumbai’s most exclusive residential locality.
Customers in this property have included, among others, Citibank,
ING Group, IDFC, Deutsche Bank, STAR Television, Reuters, and Credit
Lyonnaise.
In 2002, The group developed another ApartmentHotel complex in Prabhadevi,
the most central location of Mumbai. Located on a quiet leafy and
secluded road, this property consists of 12 super-deluxe apartments,
each admeasuring 3000 square feet. Customers here have included,
Coca-Cola, Aditya Birla Group, Bank of America, VSNL, Group M, Fitch
Ratings, Netherlands Consulate, Swiss Air Lines, Alitalia and Merril
Lynch.
The MK Sanghi Group is not a real estate developer. We provide customers
with extended-stay options ranging from six months to one year.
Our portfolio is well-managed and customers get excellent housekeeping,
engineering services, security, cable-telecom-internet connectivity,
gym and health facilities, parking access, easy documentation and
moving services. All our developments are solely for the purpose
of earning long term rentals through service value addition. Each
of our properties is exclusive, well-maintained and well-managed.
For more details about our real estate business, please go to
www.sanghihospitality.com