Hotline: 1800 102 2007
X
Search Business Opportunities
Mar, 28 2018

Rhiti Sports To Make Rs 1,500 Cr amusement park in Gurugram

Inter Sports which is Rhiti’s subsidiary, has signed an operation, management and development agreement (OMDA) for the 33-acre ‘Appu Ghar’ amusement park located in Gurugram’s Sector 29.

Rhiti Sports, the company that manages cricketing stars including MS Dhoni, plans to develop a Rs 1,500-crore amusement park in Gurugram that would have sports, entertainment, and retail facilities.

Inter Sports which is Rhiti’s subsidiary, has signed an operation, management, and development agreement (OMDA) for the 33-acre ‘Appu Ghar’ amusement park located in Gurugram’s Sector 29.

Arun Pandey, managing director of Rhiti Sports said, “We will try to make this the biggest sports and entertainment destination centre of this country. We will review everything in the next three months, then we will decide on the next step.”

Rhiti Sports also manages cricketers such as KL Rahul, Bhuvneshwar Kumar, and South Africa’s Francois du Plessis.

Rakesh Babbar, Managing Director of International Recreation Parks, which has a long-term lease of the Appu Ghar land from the Haryana government, said, “I will be honest in telling you that we were struggling. That’s why we are bringing them. They have the capability to turn around this project.”

Pandey said his company is talking to two Indian investors for funding the project. Rhiti plans to open a flagship store of Dhoni’s fashion and lifestyle brand ‘Seven’, and a big fitness centre which will be owned by the cricketer. Analysts said eyes will be on whether Dhoni, who on numerous occasions has pulled India out of trouble on the pitch, can do the same to Appu Ghar’s fortunes.

Pandey said the development will also have a 300,000-sq ft mall, which will be home to various global and Indian brands.

Comment
Related opportunities
  • Quick Service Restaurants
    About Us: Owned and operated by Bloombay Enterprises LLP, The Belgian Waffle Co. was..
    Locations looking for expansion Maharashtra
    Establishment year 2015
    Franchising Launch Date 2018
    Investment size Rs. 20lac - 30lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • Quick Service Restaurants
    Looking for your own lucrative business in ever growing fast..
    Locations looking for expansion New Delhi
    Establishment year 2009
    Franchising Launch Date 2012
    Investment size Rs. 10lac - 20lac
    Space required 200 - 800
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Rajouri New Delhi
  • Cosmetics & Beauty Product Stores
    About Us: Established in the year 2000, Renewcell Cosmedica LLP formerly..
    Locations looking for expansion Maharashtra
    Establishment year 2000
    Franchising Launch Date 2018
    Investment size Rs. 5lac - 10lac
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • Beauty Salons
    About Us: Monsoon Salon & Spa is the best hair & beauty..
    Locations looking for expansion New Delhi
    Establishment year 2012
    Franchising Launch Date 2018
    Investment size Rs. 30lac - 50lac
    Space required 1200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Delhi New Delhi
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities