Oakwood Worldwide and Kapil group to launch new property in Hyderabad

Hyderabad News

Renowned developer Kapil Group and one of the leading providers of serviced and furnished apartments, Oakwood Worldwide has once again forayed together into a partnership to launch a hotel and serviced apartments project named- ‘Oakwood Hotel and Apartments Kapil’ in Hyderabad.

The project will be located near Rajiv Gandhi International Airport. It will be fully developed by 2021 and cost around 175 crores. The property will have 175 units of hotel rooms and serviced apartments with facilities such as banquets, business center, restaurant and others.

Oakwood Worldwide has signed the partnership with Kapil group, a day back. Giving more details about the project, Dean Schreiber, MD, Asia Pacific, Oakwood Worldwide said, “Hyderabad has been developing at a rapid pace with its emerging IT, pharmaceutical and MICE sectors. We are excited to be opening our fifth property in India and the second one in Hyderabad. More specifically, we are proud to be able to provide quality corporate housing solutions to the evolving city in Hyderabad.”

With several decades of experience, Kapil Group today is known for their diversified talents which include some of the best commercial and residential projects. A conglomerate of over 35 companies with over 400+ offices, Kapil group gives the best to their customers with uncompromising principles and values.

On the other hand, Oakwood Worldwide is a globally known company for providing furnished and serviced apartments for business travelers, professionals, and their families.