Orange County sees 30% rise in turnover

Orange County sees 30% rise in turnover

The company will set up a resort at Hampi in the next 18-24 months, adopting the grandeur of Vijayanagara architecture.

Speaking to Deccan Herald, Orange County Director-Marketing Jose T Ramapuram said the company develops resorts with specific themes and extending that trend, they will create the Hampi resort.

Even as slowdown in the leisure market has eaten into budgets, Orange County anticipates an increase of 30 per cent in its turnover for the year ending March 31 2010. It is confident of achieving a turnover of Rs 38.50 crore as against Rs 29.70 crore for the previous year (2008-09).  The company has plans of developing a resort at Karwar with cottages resembling fisherman huts.

Eyes Kerala
Stating that it has acquired land at both these venues, Ramapuram said the company has received clearance from the Hampi Development Authority already, and about 100 cottages will come up in both the places put together with an investment of Rs 125 crore. On projects outside State, he said the firm is bullish on spanning into Kerala’s Wayanad district, while looking out for other destinations in north and south India. Further, Orange County is also keen on developing properties in Asia, he said.

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