Hinduja Plans Luxury Realty, Hospitality Developments Globally
The Hinduja Group is venturing into development of super-premium real estate and hospitality assets in international markets. The group is eyeing iconic global locations and trophy assets for these select developments with no constraints on budgets following its 1.2 billion-pound maiden project in London. To begin with, the Anglo-Indian transnational group has partnered with international luxury hospitality major Raffles Hotels & Resorts to operate and manage branded residences and a luxury flagship hotel at global historical landmark and Winston Churchill's iconic Old War Office (OWO) building in the UK’s capital. “We have spent over 1.2 billion pounds on this marquee project. It will be a very rewarding project besides creating the legacy. We are looking at developing more projects of this stature across the world,” Gopichand Hinduja, co-chairman of the Hinduja Group stated. “With this project, we are now committed to historic, unique and special developments globally.” On completion, The OWO will comprise private residences including two penthouses, and this will be the first Raffles-branded residences in the UK and Europe. These private residences will range from a studio to five beds and will be fully serviced by Raffles. The project will be home to the first Raffles hotel in London--Raffles London at The OWO. In addition to four Raffles-managed dining venues, The OWO will include five independently operated restaurants and bars. According to Hinduja, the project is already witnessing good enquiries from clientele all over the world, especially the UK, Europe, Russia and China. Through this marquee project, we are giving a chance to Indians to own a piece of this rare heritage.
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