Atmosphere Living to introduce Ultra-Luxury Serviced Homes in Iconic Locations
August 9, 2024: As a part of their expansion plans across South Asia, Atmosphere Living India, a subsidiary of Atmosphere Living Dubai, is all set to invest around 500 crore in luxury real estate markets across India. These projects funded by the parent company shall have key projects in places like Goa, Lonavala, Himachal Pradesh, Jaipur, and Mysore.
Each of them will offer a seamless combination of real estate with hospitality, offering an unparalleled living experience. In tandem with these developments, Atmosphere Core, the hospitality arm of the group, will also be opening new hotels in Kolkata, Coorg, and Bhopal over the course of next three months
“Luxury villas will be constructed and sold alongside these hotels by Atmosphere Living, further enhancing the synergy between real estate and hospitality. This will be a unique blend of real estate and hospitality to South Asia. With our upcoming projects, we aim to set new benchmarks in ultra-luxury living, beginning with our flagship Ozen-branded residences in Mussoorie.” Sandeep Ahuja, CEO of Atmosphere Living
The flagship project in Mussoorie is spread over 11.5 acres of land jointly owned by Atmosphere Living and the landowner, will feature a 100 key hotel, 70 villas available for sale and leaseback, 90 luxury apartments for sale, and 12 ultra-luxury residences that will be sold without the leaseback option. The design of the Mussoorie property will reflect the rich heritage of the region, with palace-like structures that capture the essence of the locale. The Mussoorie project will be branded under THE OZEN COLLECTION, making it the first Ozen-branded residence in India
Atmosphere Living provides a unique investment opportunity for elite homeowners, allowing them to lease their residences back to the company. These properties can then be rented out, offering a lucrative income stream for homeowners. This innovative model not only enhances the value of the homes but also provides an effortless ownership experience backed by world-class hospitality services.
About Atmosphere Core
Atmosphere Core is a dynamic hospitality company with three distinctive lifestyle brands, THE OZEN COLLECTION, Atmosphere Hotels & Resorts, and COLOURS OF OBLU. The company operates eight resorts in the Maldives and has a strong pipeline of one resort in the Maldives, one resort in Sri Lanka, and eight hotels and resorts across India – all set to open within the next three years. Distinctive design, an authentic sense of place, inspiring service styles, and the freshest and finest cuisine lend a unique flavour to every property within the Atmosphere Core brand portfolio.
About Atmosphere Living
Atmosphere Living, a part of the growing Atmosphere Core portfolio, intends to provide affluent clientele with fractional ownership opportunities in branded ultra-luxury serviced homes across South Asia. Designed to blend with nature, the lavish villas, apartments, and residences will craft a high-end, eco conscious living elevated through world-class amenities and bespoke services.
