US$1.4 billion Hyderabad golf resort to be built

Hyderabad: EmaarMGF Land Ltd announced the launch of ‘Boulder Hills Golf and Country Club,’ its signature master planned integrated world class Leisure and Residential Community in Hyderabad. The launch of this project with a capital outlay of US$ 1.4 billion is the first amongst a significant cache of Emaar MGF projects in South India.

Talking at a press conference during the launch of the project here, W. R. Rattazi, chief executive officer of the company, said, “It is a landmark project for the company in south India.” This project, which is spread across five hundred thirty one acres of land, is south India’s first integrated world class leisure and residential community with an eighteen hole golf course.

The one hundred ninety two acre golf course has been designed by Peter Harradine - a third generation golf course architect. It is a championship golf course. “Plans are on to host the European PGA Men’s and Ladies events at the world class golf course,” he said.

The company is presently doing eight different projects in the South. “Over the next few years, we plan to develop 31 million sq ft across ten locations in south India with a planned investment of three billion dollar. Already the company has a land bank of 1,500 acres in the south in places like Hyderabad, Tirupathi, Chennai, Coimbatore, Kochi, Mysore and Mangalore”, he said adding all over India, the company has a land holding of 13,000 acres.

By Mannish - indiarealestatemonitor & indiatimes