India’s serviced apartment market is booming. Whether you are a corporate traveler relocating to a new city, a medical tourist seeking a comfortable base near a hospital, or a family planning an extended vacation, understanding the service apartment price in India is the first step toward making a smart booking decision.
Prices vary wildly — from ₹2,100 per night for a compact studio in a tier-2 city to ₹15,000+ per night for a premium 3 BHK in Mumbai’s business district. The gap between overpaying and saving often comes down to knowing which city you are booking in, what is included in the tariff, and how GST affects the final bill.
This guide breaks down city-wise pricing, explains what you actually pay for, and shares practical tips to lock in the best rates in 2026.
TL;DR / Quick Answer
Service apartment prices in India typically range from ₹2,100 to ₹15,000+ per night depending on city, apartment size, and amenities. Metro cities like Mumbai and Delhi command the highest rates, while tier-2 cities such as Jaipur and Kolkata offer significantly lower pricing. Monthly long-stay rates can reduce the per-night cost by 30–50% compared to daily bookings.
Table of Contents
- Service Apartment Prices in India: 2026 Overview
- City-wise Service Apartment Price Breakdown
- What is Included in the Price?
- Daily vs Weekly vs Monthly Pricing
- GST on Service Apartments in India
- Top Operators and Their Price Ranges
- How to Get the Best Service Apartment Price
- Service Apartment vs Hotel vs Rental: Cost Comparison
- Hidden Costs to Watch Out For
- Frequently Asked Questions
Service Apartment Prices in India: 2026 Overview
The India serviced apartment market was valued at USD 2.15 billion in 2025 and is projected to reach USD 4.48 billion by 2034, growing at an 8.44% CAGR, according to Deep Market Insights. Corporate travel, GCC relocations, and medical tourism are fuelling this growth. With demand climbing, rates across metro cities are trending upward year-on-year.
In 2026, a typical studio or 1 BHK serviced apartment in India starts around ₹2,100–₹5,000 per night, while mid-range 2 BHK units fall in the ₹5,000–₹10,000 band. Premium 3 BHK and 4 BHK configurations in prime metro locations can push past ₹12,000–₹15,000 nightly. Providers like Namastey Homes service apartments in South Delhi offer a range of configurations from studios to 4 BHK apartments, with nightly rates for individual rooms starting from ₹2,100 and larger layouts around ₹7,000+. Understanding these price bands helps you budget accurately before you book.
City-wise Service Apartment Price Breakdown
Prices swing dramatically by city. Here is a practical snapshot of 2026 monthly and nightly ranges for serviced apartments across India:
| City | Studio/1 BHK (₹/night) | 2 BHK (₹/night) | 3 BHK (₹/night) |
|---|---|---|---|
| Mumbai | ₹6,000–₹12,000 | ₹10,000–₹18,000 | ₹15,000–₹25,000 |
| Delhi-NCR | ₹3,500–₹8,000 | ₹6,000–₹12,000 | ₹8,000–₹18,000 |
| Bangalore | ₹4,000–₹9,000 | ₹7,000–₹14,000 | ₹10,000–₹20,000 |
| Hyderabad | ₹3,000–₹7,000 | ₹5,500–₹11,000 | ₹8,000–₹15,000 |
| Chennai | ₹3,000–₹6,500 | ₹5,000–₹10,000 | ₹7,000–₹14,000 |
| Pune | ₹2,500–₹6,000 | ₹4,500–₹9,000 | ₹6,500–₹13,000 |
| Kolkata | ₹2,000–₹5,000 | ₹3,500–₹8,000 | ₹5,000–₹11,000 |
| Jaipur | ₹1,800–₹4,500 | ₹3,000–₹7,000 | ₹4,500–₹10,000 |
| Goa | ₹2,500–₹7,000 | ₹4,000–₹12,000 | ₹6,000–₹15,000 |
Mumbai remains the priciest market — its branded-hotel and serviced-apartment occupancy hit ~77.7% in FY 2024–25 with ADR around ₹11,500, per GHAR.tv Intelligence. For Delhi-based stays, medical stay apartments near Max Hospital Saket offer competitive pricing with proximity to South Delhi’s healthcare hubs, making them a practical choice for medical tourists who want comfort without Mumbai-level costs.
What is Included in the Price?
One of the biggest advantages of a serviced apartment over a bare residential rental is that the nightly or monthly rate bundles several living essentials. Most operators include high-speed Wi-Fi, air conditioning, daily housekeeping, power backup, and a fully functional kitchen equipped with a refrigerator, microwave, and geyser. Washing machines and parking spaces are standard at mid-range and premium properties. These inclusions mean you do not separately budget for electricity, internet, or cleaning — a significant saving over traditional rentals.
However, the depth of inclusions varies by tier. Budget operators may skip daily housekeeping or charge extra for laundry, while premium providers offer concierge-level services. For example, amenities included in service apartment pricing at Namastey Homes span everything from modular kitchens to dedicated caretakers. If you are booking a leisure trip, their vacation rental homes in Delhi also bundle cultural immersion experiences alongside the standard amenity package — a differentiator that plain vanilla serviced apartments rarely offer.
Daily vs Weekly vs Monthly Pricing
The per-night rate you see online is almost always the daily rack rate — the most expensive tier. Booking for a week or a month unlocks substantial discounts. Here is how the math typically works:
| Duration | Typical Discount vs Daily Rate | Example: 1 BHK Delhi (₹/night effective) |
|---|---|---|
| Daily (1–6 nights) | 0% (rack rate) | ₹5,000 |
| Weekly (7–27 nights) | 15–25% off | ₹3,750–₹4,250 |
| Monthly (28+ nights) | 30–50% off | ₹2,500–₹3,500 |
A 1 BHK apartment that costs ₹5,000/night on a daily basis could drop to an effective ₹2,800/night on a 30-day booking — nearly half. This is why corporate travelers and relocating professionals consistently choose monthly packages. Providers such as short stay apartments with flexible pricing also bridge the gap for guests who need 7–14 day stays without committing to a full month, offering mid-tier pricing that sits between rack rate and long-stay discounts.
GST on Service Apartments in India
Tax treatment matters more than most people realize. As of April 2025, CBIC Notification No. 05/2025 redefined the GST structure for serviced accommodations. The key rule: rooms priced at or below ₹7,500 per night attract 5% GST (without input tax credit), while rooms above ₹7,500 per night attract 18% GST (with ITC). This replaced the earlier uniform 12% slab.
What does this mean practically? A budget serviced apartment at ₹3,000/night now adds only ₹150 in GST instead of the earlier ₹360 — making it slightly cheaper. But a premium 3 BHK at ₹12,000/night now adds ₹2,160 in GST instead of ₹1,440 — a ₹720 increase per night. For a 30-day stay, that is ₹21,600 in extra tax alone. Medical tourists booking longer stays near hospitals should factor this in carefully, especially when comparing options like hospital proximity accommodation pricing where rates may sit near or above the ₹7,500 threshold depending on apartment size.
Top Operators and Their Price Ranges
The Indian serviced apartment landscape includes a mix of aggregator platforms, branded chains, and boutique operators. Aggregators like OYO and FabHotels list budget-to-mid-range inventory, while Nestaway and Zolo focus more on co-living with some serviced-apartment overlap. Branded chains such as Oakwood, Ascott, and Citadines target the premium and corporate segment with nightly rates starting at ₹8,000–₹12,000.
Boutique operators occupy a distinctive middle ground — offering personalized service, prime locations, and flexible configurations without the premium chain markup. Namastey Homes, for instance, operates as a boutique provider in Saket, South Delhi, with properties ranging from studios to 4 BHK luxury apartments and villas. Voted Best Modern B&B for five consecutive years, they focus on the “home away from home” experience. You can learn more on their about Namastey Homes page or explore the Namastey Homes company profile for operational details. The key is to match your budget and stay duration to the right operator tier rather than defaulting to the cheapest listing.
How to Get the Best Service Apartment Price
Locking in a competitive rate requires more than just searching online. First, book directly with the operator rather than through OTAs — most serviced apartment providers offer 10–20% lower rates on direct bookings because they avoid platform commissions. Second, commit to longer durations — even a 7-day booking instead of 5 days can push you into a weekly rate tier that slashes the per-night cost significantly.
Third, if you are booking for a company, negotiate a corporate volume deal. Operators like Namastey Homes offer corporate stay packages with long-stay discounts that are calibrated based on contract duration and the number of units booked. Fourth, avoid peak-season surcharges — rates in tourist-heavy cities like Goa and Jaipur spike 20–40% during December–February and festival periods. Booking in shoulder months (March, September–October) typically yields the best value. Finally, always ask for an itemized quote that breaks out rent, GST, security deposit, and any extras so you can compare apples to apples across operators.
Service Apartment vs Hotel vs Rental: Cost Comparison
| Factor | Serviced Apartment | Hotel | Traditional Rental |
|---|---|---|---|
| Monthly cost (1 BHK, metro) | ₹40,000–₹90,000 | ₹90,000–₹2,40,000 | ₹15,000–₹45,000 |
| Furnishing | Fully furnished | Fully furnished | Usually unfurnished |
| Kitchen access | Yes | Rarely | Yes |
| Housekeeping | Daily (included) | Daily (included) | Self-managed |
| Minimum commitment | 1 night to months | 1 night | 11 months typical |
| Utilities/Wi-Fi | Included | Included | Extra |
| Best for | 7-day to 6-month stays | 1–7 night stays | 6+ month stays |
Serviced apartments sit in the sweet spot for stays between one week and six months. They cost less than half of a comparable hotel while offering similar furnishing and services, and they avoid the 11-month lock-in and furnishing hassle of a traditional rental. For corporate teams needing corporate accommodation in Delhi, serviced apartments deliver the best cost-to-convenience ratio — especially when you factor in included utilities, housekeeping, and the flexibility to scale units up or down based on project needs.
Hidden Costs to Watch Out For
The headline nightly rate is rarely the final bill. Watch for these common add-ons: security deposits (typically 1–2 months’ rent or ₹10,000–₹50,000 for shorter stays), utility surcharges if the operator caps electricity or water usage, and extra guest charges that kick in beyond the base occupancy. Some operators also levy cleaning fees for stays under a minimum duration or charge separately for laundry services beyond basic housekeeping.
Another often-overlooked cost is the early checkout penalty — if you leave before your committed duration, some operators forfeit the deposit or charge a week’s rent as a cancellation fee. GST, as covered earlier, can also shift the total significantly depending on whether your per-night rate crosses ₹7,500. Before booking, request a fully itemized quote and clarify the cancellation policy. Reviewing Delhi travel and stay guides can also help you anticipate city-specific costs like local transport and dining expenses that factor into your overall stay budget.
Frequently Asked Questions on Service Apartment Prices
What is the service apartment price in India?
The service apartment price in India ranges from ₹2,100 to ₹15,000+ per night depending on the city, apartment size, and amenity tier. Monthly long-stay rates are typically 30–50% lower per night.
Are serviced apartments cheaper than hotels in India?
Yes, for stays beyond 3–4 nights, serviced apartments are usually 40–60% cheaper than comparable hotels while offering more space, kitchen access, and included utilities.
Do service apartment prices include GST?
Most operators quote prices plus GST. Rooms at or below ₹7,500/night attract 5% GST, while those above attract 18% GST as per the April 2025 CBIC notification.
Can I negotiate service apartment rates for a long stay?
Absolutely. Monthly and corporate bookings almost always qualify for negotiated discounts. You can request a custom price quote directly from operators like Namastey Homes for stays of 7 days or longer.
Which Indian city has the cheapest serviced apartments?
Tier-2 cities like Jaipur, Kolkata, and Lucknow offer the most affordable rates, with studios starting from ₹1,800–₹2,500 per night. Pune and Hyderabad also offer competitive pricing compared to Mumbai and Bangalore.
What is the difference between a serviced apartment and a co-living space?
Serviced apartments offer private, fully furnished units with hotel-like services (housekeeping, Wi-Fi). Co-living spaces involve shared common areas and are usually targeted at younger professionals seeking community living at lower price points.
Final Thoughts
Understanding the service apartment price in India for 2026 means looking beyond the nightly sticker rate. Factor in city-specific variations, GST implications, daily-vs-monthly pricing tiers, and the inclusions bundled with your tariff. Whether you are a corporate booker managing team relocations or a medical tourist planning a three-week stay, serviced apartments deliver a compelling middle ground between hotels and traditional rentals.
For travelers looking at Delhi-NCR, Namastey Homes offers a range of fully furnished serviced apartments in South Delhi — from compact studios to spacious 4 BHK villas — with flexible pricing for short, medium, and long stays. Reach out via their contact page or call +91 9650187772 to get a customized quote tailored to your dates and apartment preferences.
