Country Club Hospitality to Raise $100 Million for Premium Real Estate Projects
Country Club Hospitality and Holidays Ltd (CCHHL) plans to raise $100 million to develop premium leisure properties across India. The funds will be raised through GDRs or FCCBs, and the projects will be located in major cities like Mumbai, Delhi, Bengaluru, Hyderabad, and Chennai.
Real EstatePremium PropertiesFundraisingCchhlIndiaReal Estate MumbaiSep 22, 2025
The funds will be utilized to set up clubs and resorts in various locations across the country. Reddy emphasized that the company has already made substantial progress in reducing its debt, having repaid Rs 600 crore in the first quarter of the 2025-26 fiscal year. This strategic move will further solidify CCHHL's position in the hospitality and real estate sectors.
CCHHL, headquartered in Hyderabad, currently operates and manages 30 properties directly, while another 30 are managed through franchise agreements. The company's diversification into real estate projects, both residential and commercial, marks a significant expansion of its business model. Reddy stated that these new real estate projects will be developed in major cities such as Mumbai, Delhi, Bengaluru, Hyderabad, and Chennai.
The decision to raise funds through GDRs or FCCBs reflects CCHHL's commitment to leveraging international financial markets to support its growth. By becoming debt-free and securing additional capital, the company is well-positioned to capitalize on the growing demand for premium leisure properties in India. This strategic investment is expected to enhance CCHHL's offerings and strengthen its competitive edge in the market.
The company's existing portfolio includes a mix of clubs, resorts, and real estate projects, which cater to a diverse customer base. The new projects will further diversify CCHHL's offerings, providing high-quality leisure and living spaces that meet the evolving needs of consumers in major urban centers. With a strong focus on quality and innovation, CCHHL is poised to continue its growth trajectory and establish itself as a leading player in the Indian hospitality and real estate sectors.
Frequently Asked Questions
What is the total amount CCHHL plans to raise?
CCHHL plans to raise $100 million to develop premium leisure properties across India.
How will CCHHL raise the funds?
The funds will be raised through either Global Depository Receipts (GDRs) or Foreign Currency Convertible Bonds (FCCBs).
What cities will see the new real estate projects?
The new real estate projects will be developed in Mumbai, Delhi, Bengaluru, Hyderabad, and Chennai.
How many properties does CCHHL currently manage?
CCHHL currently operates and manages 30 properties directly and another 30 through franchise agreements.
What is CCHHL's current debt status?
CCHHL has become debt-free by repaying Rs 600 crore in the first quarter of the 2025-26 fiscal year.
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