Country Club Hospitality and Holidays Ltd (CCHHL) plans to raise $100 million to fund the development of luxury clubs, resorts, and high-end residential and commercial projects in key Indian cities. This move comes after the company cleared Rs 600 crore of debt, positioning it strongly for growth in the hospitality and real estate sectors.
Real EstateHospitalityLuxury ProjectsCchhlExpansionReal EstateSep 22, 2025
CCHHL plans to use the $100 million to fund the development of luxury clubs, resorts, and high-end residential and commercial projects in major Indian cities.
CCHHL will raise the $100 million through Global Depository Receipts (GDR) or Foreign Currency Convertible Bonds (FCCB).
The targeted cities for the new projects include Mumbai, Delhi, Bengaluru, Hyderabad, and Chennai.
CCHHL has recently cleared Rs 600 crore of debt, becoming debt-free and positioning itself strongly for future growth.
The strategic focus of CCHHL is to strengthen its presence in both the hospitality and real estate sectors, creating synergistic opportunities and catering to the growing demand for luxury lifestyle options in India.
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