MFAR Group of Hotels will invest $150m to develop a high end resort for heeled tourists in Maldives.

1. Mfar Group of Hotels to
invest $150m to build
Maldives resort

2. The resort will be a combination of villas on the land
as well as villas built on stilts in the lagoon

3. • A leading Indian hotel firm, Mfar Group of
Hotels will invest $150 million to develop a
high end resort for well heeled tourists in
Maldives.
• The Mfar Group of Hotels, which has around
700 rooms altogether in India and Oman, has
acquired an island for building the resort.

4. • Mfar Holdings Private Limited was founded in 1997 in
response to the dynamic and growing real estate market in
India, as one among the Mfar group of companies that
already enjoyed a presence in India in the areas of
Construction, Hospitality and Manufacturing.
• Source; http://bit.ly/1C8vHYR
About MFAR