Country Club Plans USD 100 Mn Fundraise for Leisure Properties
Real Estate

Country Club Plans USD 100 Mn Fundraise for Leisure Properties

Country Club Hospitality and Holidays Ltd (CCHHL) has announced plans to raise USD 100 million to expand its portfolio of premium leisure properties in India. The funds will be raised through Global Depository Receipts (GDR) or Foreign Currency Convertible Bonds (FCCB), Chairman and Managing Director Y Rajeev Reddy said.

The capital will be used to set up new clubs and resorts across the country. CCHHL, headquartered in Hyderabad, currently owns and manages 30 properties, while another 30 are operated under franchise agreements.

The company recently became debt-free after repaying Rs 600 crore in the first quarter of FY26. Alongside leisure projects, CCHHL is also foraying into real estate, with residential and commercial projects planned in major metros including Mumbai, Delhi, Bengaluru, Hyderabad, and Chennai.

Reddy said the expansion underscores the company’s ambition to strengthen its footprint in hospitality and diversify into real estate development.

Country Club Hospitality and Holidays Ltd (CCHHL) has announced plans to raise USD 100 million to expand its portfolio of premium leisure properties in India. The funds will be raised through Global Depository Receipts (GDR) or Foreign Currency Convertible Bonds (FCCB), Chairman and Managing Director Y Rajeev Reddy said.The capital will be used to set up new clubs and resorts across the country. CCHHL, headquartered in Hyderabad, currently owns and manages 30 properties, while another 30 are operated under franchise agreements.The company recently became debt-free after repaying Rs 600 crore in the first quarter of FY26. Alongside leisure projects, CCHHL is also foraying into real estate, with residential and commercial projects planned in major metros including Mumbai, Delhi, Bengaluru, Hyderabad, and Chennai.Reddy said the expansion underscores the company’s ambition to strengthen its footprint in hospitality and diversify into real estate development.

Next Story
Real Estate

CREDAI-MCHI to Host 10th Design & Construction Conference

CREDAI-MCHI will host the 10th anniversary edition of its Design & Construction Conference on August 19, 2026, at the Jio World Convention Centre in Mumbai.The event is expected to bring together more than 500 procurement leaders, construction heads, architects, consultants and senior real estate decision-makers, alongside over 50 construction and ancillary brands.The conference will feature product launches, technology showcases, knowledge sessions, strategic business-to-business networking and recognition of procurement professionals contributing to the transformation of the construction..

Next Story
Infrastructure Energy

BorgWarner Wins Extension for High-Voltage Inverter Programmes

BorgWarner has secured a major extension of several high-volume high-voltage inverter programmes from a leading European automotive manufacturer.The contracts cover updated inverter designs for plug-in hybrid and 800V battery-electric vehicle applications. Production is scheduled to begin in 2029.Isabelle McKenzie, President and General Manager, BorgWarner PowerDrive Systems, said the programme extensions demonstrate the company’s position in power electronics and reflect the strength of its technology, in-house expertise and customer relationships.For plug-in hybrid vehicles, BorgWarner wil..

Next Story
Infrastructure Urban

Castrol India Q2 Profit Rises 43% to Rs 3.48 bn

Castrol India reported a 43 per cent year-on-year increase in profit after tax to Rs 3.48 billion for the quarter ended June 30, 2026, supported by growth across its consumer, industrial and institutional businesses.Revenue from operations increased 25 per cent to Rs 18.71 billion during the second quarter of 2026, compared with Rs 14.97 billion in the corresponding period of 2025. EBITDA rose 41 per cent to Rs 4.94 billion from Rs 3.50 billion.Sequentially, revenue increased from Rs 15.45 billion in the first quarter of 2026, while EBITDA rose from Rs 3.29 billion. Profit after tax increased ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement