India’s elite have been fraternising at old-school clubs for decades – I’m talking of your Gymkhanas and Golf clubs in Tier 1 cities.
But, for the uninitiated, becoming a member at these historic institutions is virtually impossible. Some of them have waiting times of as much as 30 years!
India’s new elite need another space; a growing private members-only club scene is coming up to fulfill that need. Some of these clubs are Soho House, Quorum, Jolie’s and The Bay Club, for example.
A study from 2024 found that the private, members-only club market is growing at a CAGR of 17.8%. By 2027, the annual ‘private club’ market size will reach 941 crore rupees.
In the latest episode of The Signal Daily, we’ll learn about these hangout spots for India’s elite. What’s different about this new wave versus old-school Gymkhana type institutions?
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