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Growing demand for fractional property in India

FractionalLife.com 11.03.2010 07:03

$Growing demand for fractional property in India - India - country club - project$

Country Club India, one of the fastest growing leisure and entertainment operators in Asia, is set to introduce fractional ownership properties to a range of its developments.

Managing director and chairman Rajeev Reddy said the concept is already very popular in most other countries and demand for this is picking up in India too, with the company set to spend “anywhere between Rs 75 and Rs 100 crore in the new project”.

Its initial fractional offering will include 100 rooms in Bandipur (near Mysore), where the company already has about 10 acres and 40 cottages with infrastructure such as swimming pool and a restaurant.

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India paves way to ink dual tax avoidance pact with HK India has more mobile phones than toilets: UN report 44 Thai Buddhist monks stranded at Indian airport Thai Airways flight makes emergency landing at Kolkata airport Thai schoolgirls beat up Indian roommate The Home Builder Association is positive about the purchasing power in 2010 after reaping over 430 million Baht from Home Builder Focus 2010.China’s urban fixed-asset investment up 26.6%Taiwan Prepares for the Arrival of Luxury Investors ARK Management Named as Top 31 Commercial Real Estate Property Management Company and Grows presence with San Diego Retail Portfolio Live like a king in Newport condo

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