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Royal Phuket Marina attracts Indian investors

Business

Royal Phuket Marina, which is having residential waterfront development, recently introduced new residential units—La Reserve Residences. The project is looking to attract Indian investors who want to own a second home at an international destination.

Gulu Lalvani, Chairman, Royal Phuket Marina, said, “Royal Phuket Marina is an outcome of my vision to create the best yachting paradise possible. With our newly launched La Reserve Residences, combined with our Royal Villas, and Aquaminium, the world’s first waterfront condominium with private moorings for boats, I am sure Phuket will not only be restricted to be a tourist attraction but also become the favourite holiday destination for the discerning luxury seekers.”

Lalvani who is also the founder and chairman of Binatone, one of the largest manufacturers of digital cordless phones, has invested more than $100 million in this project.

Royal Phuket Marina, the resort-style community on the island’s eastern seaboard in Phang Nga Bay is becoming popular amongst both the yachting community and discerning investors, the company said. The Marina have good amenities like tennis courts, health and fitness club, healthcare centre and waterfront restaurants. Other premiere residential projects at Royal Phuket Marina includes The Royal Villas.

The combination of shopping, dining and residential luxury, Royal Phuket Marina will continue to grow as a popular destination for residents, visitors, and executives with a soon-to-be-announced upscale boutique hotel.

Phuket is considered as the maritime jewel of Asia with both beauty and incredible verve. The beautiful surrounds, breathtaking land and seascapes, year-round tropical weather and convenience to reach Phuket from anywhere in the world, make it the perfect yachting destination and voted the best Asian maritime capital 2 years in a row in the Asian Boating Awards, the company said.

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June 2020
10 Jun 2020