Zuri Group started their venture as a small firm and today they have multiplied their assets by their hard work and principles, which is one of the deciding factors for their success.
Zuri Group has invested heavily in the hospitality and real estate ventures. They have set up many luxurious five stars hotels in India and elsewhere. Thus they have created a brand value for themselves which is unmatched till now.
Zuri Group under the guidance of Rashmi Kamani have invested in high-end hotel, real estate and floriculture sectors, has announced plans to invest Rs 700 crore in hospitality and real estate ventures. Thus they are into investing large sums of money for the growth of the company.
Zuri will invest Rs 400 crore in setting up two five star luxury hotels in Bangalore and Nairobi in Kenya and Rs 300 crore in its 250-acre premium villa-cum-apartment project in Goa. Both the hotels would complete within 20 months. The new 160-room hotel at Bangalore is near the airport and it would be a mix use project on six acres.
Rashmi Kamani said Zuri hotels, which started only last year after taking back properties from foreign hotel chains, is fast catching up among upwardly mobile corporate executives and visitors, who seek value for money luxury service.
After having restructured its hospitality business into three luxury collections – The Platinum, Lifestyle and Comfort, Zuri Group Global, also unveiled information on its asset management policies.
The group, which has 250 hectares of land in Kenya producing 150 million roses a year for the export markets of UK and Dubai, is also expanding its wind energy business in India and geo-thermal energy business in Kenya.
The Zuri Group is a multinational conglomerate with multiple business interests spread across Asia Africa and Europe and has forayed into asset management in a significant way, to further gain foothold in the Indian hospitality market.
The Kamani's employs over 2,100 people globally including 1,200 in India and wants to meet its capital investment through a mix of debt and equity.
Rashmi Kamani's strategic plan for investment is one of the main reasons for Zuri Group's success. He diversified his wealth to various sectors of business. They have their chain of hotels and they also have invested in the real estate business.
About the AuthorA dynamic leader and decision-maker at 59, Mr. Rashmi Kamani conducts the Group's business out of the Middle-East and UK. Mr. Rashmi Kamani holds business ethics in all his operations.
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