After having ventured into education, FMCG distribution and Facility Management, Jukaso Group announced its latest venture into vacation ownership (time share) business.
With an aim to become a dominant player in the domestic market by 2017, the group is working on acquiring vacation properties in destinations like London, Dubai, Goa, Mussoorie, Nainital and in South India.
Speaking on the new venture, Rajiv Khanna, chairman, Jukaso Group said, “There are currently only 3 lakh time share members in India whereas the potential consumer base is over 100 million. With quite an extensive base of rooms to start with, we feel we have an edge in the market. We are also the only ones to offer properties in Europe to begin with for time share”
We will provide value for money services as well as add innovative and exciting features, which have never been experienced in the concept of vacation ownership, said Rominder Khanna, Chief Operating Officer, Jukaso Resorts Pvt Ltd.
The group is confident of designing the best vacation product for the Indian consumers, which will be launched in the third quarter of FY 13-14.
The core team has started work on the product design, hiring and setting up the best processes. Already 80 personnel from the current market leader have joined Jukaso for its new venture.