INDIAN REAL ESTATE DEVELOPER ABIL GROUP ANNOUNCES ITS PARTNERSHIP WITH LUXURY BRAND VERSACE
Mumbai, 27th October 2015: ABIL Group – Avinash Bhosale Group is proud to announce a new partnership with Versace to develop a new exclusive residential project on Hughes Road, South Mumbai. The residences with interior design by Versace Home will be the first of its kind in India, offering a selection of unique apartments combining ultra-modern facilities with the pure Versace’s style. The bespoke interiors, created under the artistic direction of Donatella Versace, will match the craftsmanship and traditions with the innovative design of Versace today.
South Mumbai comprises the city’s main business areas and is considered the richest urban district in India. The real estate prices in South Mumbai are among the top ten worldwide. In Mumbai, demand and supply of luxury housing is improving and this residential property at Hughes Road will add another luxury high rise to South Mumbai’s skyline. In India, as demand for prime property continues to rise and as the market is maturing, the expectations are rising for qualitative, detail focused and refined finished products.
Commenting on the partnership Mr. Amit Bhosale, Managing Director of ABIL Group says, “Versace Home resonates and personifies luxury with a Global perspective. This association further solidifies ABIL’s positioning as a foremost real estate luxury developer. The strong reason to partner with Versace is their in-genuine craftsmanship and bespoke interiors.“
“Versace is a worldwide synonymous of fashion and luxury and through the interior design projects we convey the ultimate expression of our lifestyle”, says GianGiacomo Ferraris, CEO of Versace Group. He also added, “Our design projects are one-of-a kind, unique and exclusive thanks to our flexibility to adapt each projects according to our clients’ needs; it was then natural for us to partner with ABIL Group that share our vision for the highest standards“.
ABIL Group is among the leading real estate builders and developers offering the finest residential properties. Mr. Avinash Bhosale established the Group in 1979.
The group has successfully set up St. Regis Hotel in Mumbai; The Westin Hotel in Pune; Le Meridien in Nagpur, W Retreat and Spa in Goa (under construction) and Sun-n-Sand hotel in Pune. Their strong branding and exceptional quality standards have helped them in expanding their hospitality business. ABIL Group has developed over 7.8 million square feet of residential and commercial property across strategic locations in Maharashtra and is in the process of developing approximately 14 million square feet of property across the state.
Versace is one of the leading global fashion design houses, encompassing a complete world that goes from fashion to lifestyle products and to home collections. The residences with the interior design by Versace Home offer the ultimate Versace lifestyle, as with the already completed Milano Residences in Manila, Philippines and the Damac Tower in Beirut. Currently under construction are the Al Jawharah Damac Residences Tower in Jeddah, Saudi Arabia, Versace Residences in Chengdu, China and the Aykon Nine Elms project in London, UK.
This partnership between ABIL Group and Versace will create a landmark in the real estate segment and lead in a new standard of branded luxury living in India.