MGM Muthu Group

MGM Anand Muthu Spearheads MGM Muthu Group’s 60 Cr. (USD 6.54 million) Strategic Entry into Kumbakonam

MGM Anand Muthu Spearheads MGM Muthu Group’s 60 Cr. (USD 6.54 million) Strategic Entry into Kumbakonam

Kumbakonam (Tamil Nadu) [India], February 09: MGM Muthu Group, a powerhouse in the Indian hospitality sector, has announced its latest milestone with the ₹40 crore ($4.36 million USD) acquisition of a premier 10-acre estate in the historic temple city of Kumbakonam. Supplemented by an additional ₹20 crores ($2.1 million USD.) investment for a comprehensive luxury overhaul, the property is set to debut as MGM Paradise, Kumbakonam, in mid-April 2026. This acquisition marks the Group’s seventh hotel in India, signaling a bold step forward in its mission to blend world-class contemporary hospitality with the deep-rooted cultural heritage of the subcontinent’s most revered…
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