Country Club Bets Big on India's Luxury Market with $100M Push

Hyderabad-based Country Club Hospitality and Holidays (CCHHL) has announced plans to raise USD 100 million through Global Depository Receipts (GDRs) or Foreign Currency Convertible Bonds (FCCBs).

The capital will be used to develop upscale leisure clubs and resorts across India, expanding the company’s footprint in the premium hospitality segment. CCHHL currently owns and operates 30 properties and franchises another 30 nationwide.

In addition to hospitality, the company is diversifying into residential and commercial real estate, with projects planned in key metro cities including Mumbai, Delhi, Bengaluru, Hyderabad, and Chennai.

This strategic move marks a significant step in strengthening CCHHL’s position in both the luxury leisure and urban real estate markets, aligning with its long-term growth vision.

News by Rahul Yelligetti.