RIRIC signs agreement with Nicklaus Design for Jack Nicklaus Signature Golf in India
Royal Indian Raj International Corporation announces a historic exclusive contract with Nicklaus Design to deliver a national chain of Jack Nicklaus Signature golf-course communities across India.
VANCOUVER — The Royal Indian Raj International Corporation (RIRIC), one of India's largest foreign direct investors in the real estate sector, today announced the signing of a historic contract with Nicklaus Design — the architectural arm of golf legend Jack Nicklaus.
Under the multi-year agreement, Nicklaus Design will design a series of Jack Nicklaus Signature courses anchoring planned residential golf-village communities in Bangalore, Mumbai, Delhi, Hyderabad and other Tier-1 markets.
"Golf has become a powerful catalyst for premium master-planned communities worldwide," said Manoj C. Benjamin, Chairman and CEO of RIRIC. "Bringing the Nicklaus brand to India under an exclusive program lets us deliver world-class lifestyle real estate to the country's rapidly expanding affluent class."
Nicklaus-designed courses are among the most coveted in the game, with more than 410 courses open for play in 45 countries and 39 U.S. states.