Hospitality sector projects by Subramanya Construction & Development Co Ltd (SCDCL) in Maldives

Project Information

7081
Subramanya Construction & Development Co Ltd (SCDCL)
Subramanya Construction & Development Co Ltd (SCDCL), a Bengaluru-based realtor, will set up a luxury resort in Maldives. The Oberoi Group would manage the resort. Both the companies have signed an MoU with the Government of Maldives to build the resort, Oberoi Group said. In a statement, Oberoi Group said the investment for acquisition and development of the resort would be undertaken by SCDCL. KN Balasubramanyam, Chairman and MD of SCDCL, said, “A luxury resort in Maldives requires expertise in design and operations of world-class standards. The Oberoi Group, which is rated as the best luxury hotel brand in the world, is well suited for this development. We look forward to working with The Oberoi Group to create more of such luxurious offerings globally and would like to say that this extraordinary project will make a major contribution to our long-term partnership
Project Value
Refer document
MoU Signed
Maldives
Karnataka
India
Hospitality
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