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MR ARUN NANDA (RIGHT), Chairman, Mahindra Holidays and Resorts Ltd, with Mr Ramesh Ramanathan, MD, at a press conference in Mumbai on Monday. — Paul Noronha

Mumbai, Sept. 18

Marking an investment of Rs 180 crore, Club Mahindra Holidays, the family holiday company, announced its plans to develop four new resorts at different destinations across the country.

It plans to set up theme-based resorts in Kumbalgarh in Rajasthan, Lonavala in Maharashtra, Kollam in Kerala and Corbett in Uttaranchal, expanding its resort offering to 19 from the existing 15.

The Rs 220-crore Club Mahindra has completed 10 years of operations and has been recording a growth rate of 60 per cent with 40,000 members within its fold.

More Stories on : Strategy | Resorts & Amusement Parks

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