Country Club Hospitality and Holidays Ltd (CCHHL) intends to raise USD 100 million to develop premium leisure properties across India, according to a senior company executive.
Y. Rajeev Reddy, Chairman and Managing Director of the company, said the company will raise the funds through either GDRs (Global Depository Receipts) or FCCBs (Foreign Currency Convertible Bonds).
Reddy said the company will use the funds to establish clubs and resorts across various locations in India. He added that the company has become debt-free after repaying Rs 600 crore in the first quarter of the 2025-26 fiscal year.
Headquartered in Hyderabad, CCHHL currently operates and manages 30 properties directly, while another 30 are managed through the franchise model. In addition to its clubs and resorts, the company has expanded into residential and commercial real estate projects.
Reddy said the company plans to develop these real estate projects in key cities, including Mumbai, Delhi, Bengaluru, Hyderabad, and Chennai.
Country Club Hospitality and Holidays Ltd (CCHHL) is aggressively expanding its footprint in India’s premium leisure and real estate segments. By planning to raise USD 100 million through GDRs or FCCBs, maintaining a debt-free balance sheet, and managing a strong portfolio of owned and franchised properties, the company positions itself to redefine luxury hospitality and integrated real estate experiences across major Indian cities.
