Migsun Group has announced plans to invest Rs 2.5 billion (bn) in a luxury serviced apartment development in Rohini, Delhi. The group said the development will cater to business travellers, corporate professionals, expatriates, non-resident Indians and medical tourists as well as long-stay residents. The investment aims to strengthen the serviced residential segment in the national capital and broaden professionally managed accommodation options. The move forms part of the developer's strategy to address demand for premium serviced living spaces in urban centres.

The project is planned to comprise nearly 500 premium serviced apartments and will include hospitality-inspired amenities and wellness facilities. The developer also intends to offer concierge services, business support infrastructure and lifestyle offerings tailored to long-stay and corporate guests. The site is described as offering connectivity to major commercial hubs and business districts across the city. The location is approximately 20 minutes from Indira Gandhi International Airport.

Once completed, the Rohini development will expand the capital's inventory of professionally managed residential accommodation and provide alternative lodging for corporate assignments and extended stays. The project will support growth in the hospitality-linked real estate segment as employers and travellers seek flexible housing solutions. Biltrax Construction Data tracks more than 38,000 projects and is monitoring movements in the serviced residential category. The development will attract corporate leasing and high-end short-term stays, offering operators a managed inventory for institutional and corporate clients.

Biltrax provided the information for the report and positioned the development within its construction data platform for industry subscribers. The developer's announcement follows a wider trend of new professionally managed residential stock to meet shifting occupancy patterns. The investment marks a notable commitment to premium serviced living in Rohini. Detailed construction timelines and delivery schedules have not been disclosed, and the developer has indicated further updates will follow as approvals progress.