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Country Club Hospitality and Holidays Ltd (CCHHL) is planning to raise USD 100 million to set up premium leisure properties in the country, a top company official said.The funds will be raised either through GDR (global depository receipts) or FCCB (foreign currency convertible bonds), its Chairman and Managing Director Y Rajeev Reddy told PTI.Reddy said the funds would be used for setting up clubs and resorts at various locations across India.He said the company has turned debt-free by repaying Rs 600 crore in the first quarter of the 2025-26 fiscal.The Hyderabad-headquartered company operates and manages 30 properties on its own, while another 30 are managed through the franchise route.Live EventsBesides clubs and resorts, CCHHL has forayed into real estate projects, both in the residential and commercial space.Add as a Reliable and Trusted News Source Add Now!
Reddy said such real estate projects would come up in Mumbai, Delhi, Bengaluru, Hyderabad and Chennai.(You can now subscribe to our Economic Times WhatsApp channel)
Read More News onCountry Club Hospitalitypremium leisure propertiesCCHHLraise USD 100 millionreal estate projects in IndiaGDR and FCCB fundraisingclubs and resorts in IndiaKolkata leisure propertiesCountry Club Hospitality and Holidays Ltd
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(You can now subscribe to our Economic Times WhatsApp channel)Read More News onCountry Club Hospitalitypremium leisure propertiesCCHHLraise USD 100 millionreal estate projects in IndiaGDR and FCCB fundraisingclubs and resorts in IndiaKolkata leisure propertiesCountry Club Hospitality and Holidays Ltd(Catch all the Business News, Breaking News, Budget 2025 Events and Latest News Updates on The Economic Times.) Subscribe to The Economic Times Prime and read the ET ePaper online….moreless
