Country Club to Raise $100 Million for Premium Real Estate Projects

• Country Club Hospitality plans to raise $100 million via GDR or FCCB to fund luxury leisure and real estate projects.
• The company targets developing premium clubs, resorts, and properties in key Indian cities.
• CCHHL recently cleared its debt, boosting its position for growth in hospitality and real estate.

Country Club Hospitality and Holidays Ltd (CCHHL) is planning to raise $100 million to fund its expansion in premium leisure properties and real estate development across India. The company will raise funds through Global Depository Receipts (GDR) or Foreign Currency Convertible Bonds (FCCB), according to Chairman and Managing Director Y Rajeev Reddy.

The fresh capital will support the development of luxury clubs, resorts, and high end residential and commercial projects in major cities such as Mumbai, Delhi, Bengaluru, Hyderabad, and Chennai. This move aligns with CCHHL’s strategy to strengthen its presence in the hospitality and real estate sectors simultaneously.

Headquartered in Hyderabad, CCHHL currently operates 30 properties and manages another 30 through franchise partnerships. The company has recently cleared Rs 600 crore of debt in the first quarter of the 2025-26 fiscal year, becoming debt free and positioning itself strongly for future growth.

Reddy stated that the funds would primarily be used to set up new clubs and resorts across the country. Additionally, CCHHL is increasingly focusing on real estate ventures, aiming to offer premium residential and commercial spaces in key urban markets.

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The combination of hospitality and real estate is expected to create synergistic opportunities, catering to the growing demand for luxury lifestyle options in India. By raising this capital, Country Club Hospitality aims to accelerate its expansion plans and enhance its footprint in both sectors.

With a clear financial position and ambitious growth plans, CCHHL is well poised to capitalize on India’s booming real estate and leisure markets.