Notification

Coming Soon...

OK
Cross icon
X

Something went wrong!
Please try again later.

EXPAND Cross icon

EXPANDING


Loader

Bangalore Golf Club Raises One-Time Fee for Membership to Rs 5 Lakh

General
image
Posted by Admin 26 Dec 2023

The Bangalore Golf Club (BGC), an establishment with a century-long history, has recently decided to raise the one-time fee for permanent memberships by a substantial 400%, amounting to Rs 5 lakh. This move is anticipated to impact around 3,000 individuals currently on the waiting list, many of whom are avid golfers.

 

 

Bangalore Golf Club

 

 

Also read: Golfer Diksha Dagar is thrilled as the Arjuna Award crowns her exceptional year.

 

 

Some members of the club felt the steep hike—taken at a special general meeting held recently—was unreasonable as it could discourage genuine golf enthusiasts who do not hail from well-do-do families. This fee was last revised in 2014.  

 

 

In a recent communication to potential golfing members, the BGC has officially declared an immediate adjustment to the one-time fee, elevating it from Rs 1 lakh to Rs 5 lakh.

 

 

As per the Board's decision on October 19, current applicants on the waiting list are urged to submit Rs 4 lakh by April 2024 to maintain their position. Failure to meet this deadline will result in the removal of their names from the list, and the previously paid Rs 1 lakh will be refunded. This move impacts 3,000 existing applicants, potentially generating a substantial Rs 120 crore for the BGC in just four months.

 

 

The notice to potential members emphasizes that the fee, even after the hike, remains comparatively low when compared to similar prestigious golf and social clubs. Currently, the waiting period for membership ranges from 10 to 20 years based on factors such as residency, golfing skills, and more.

 

 

While the intention is not to align the one-time fee with other clubs, the BGC cites a substantial increase in maintenance costs for the golf course and other facilities as a necessity for this enhancement. Future fund requirements are also cited as a reason for the fee hike.

 

 

The Rs 5 lakh increase is applicable to general category memberships, and the BGC has also raised this one-time fees for other categories, including children of members, NRI associates, long-term associates, and corporate associates. Additionally, monthly subscription fees paid by members have increased.

 

 

Critics among the members argue that these hikes are likely to discourage individuals without existing connections in golf clubs from taking up the sport. They suggest that, considering the BGC's government-leased land and potential for expense reduction, there is room to lower fees and promote diversity in memberships.

 

 

Also read: Jaskirat Singh Grewal: The First Golf Coach to Receive the Dronacharya Award

 

Breaking News

  • Singapore Tourism Board | February 20, 2024

    Networking Soirée: An Evening with Singapore Tourism Board Delights Delhi's Corporate Elite

    Hosted by Mr. Kean Bon Lim (KB), Area Director India, South Asia and Africa, Singapore Tourism Board took the pleasure of inviting top honchos to the Networking Soiree- An Evening with Singapore Touris Read More

  • Singapore Tourism Board | February 20, 2024

    Networking Soirée: An Evening with Singapore Tourism Board Delights Delhi's Corporate Elite

    Hosted by Mr. Kean Bon Lim (KB), Area Director India, South Asia and Africa, Singapore Tourism Board took the pleasure of inviting top honchos to the Networking Soiree- An Evening with Singapore Touris Read More

  • DP World Tour | February 15, 2024

    Victory for Hoshino: Japanese Golfer Wins Qatar Masters 2024 Championship

    The Japanese golfer, Rikuya Hoshino, clinched victory in the tournament with a stellar performance, finishing at 14 under overall and securing a one-stroke win over Frenchman Ugo Coussaud. Read More

  • General | February 14, 2024

    Tiger Woods Unveils SUN DAY RED Lifestyle Brand After Nike Split

    Tiger Woods is kicking off the new year with a fresh look, as he recently announced a partnership extension with TaylorMade Golf to launch his own lifestyle brand called Sun Day Red. Read More

  • DP World Tour | February 07, 2024

    Qatar Masters 2024: Follow Live Scoring and Discover Who Will Reign Supreme!

    The Commercial Bank Qatar Masters 2024, a European Tour event, is set to tee off on Thursday, February 8, at the Doha Golf Club in Qatar. With a field of 132 players, including many regulars from the c Read More

  • Popular News

  • Ladies European Tour | February 21, 2024

    Diksha Dagar and Pranavi Urs do well at Magical Kenya Ladies Open

    Indian golfer Diksha Dagar finished strong with a five-under 68 on the last day of the Magical Kenya Ladies Open, landing her in the top 20 on Sunday. Read More

  • PGA | February 06, 2024

    Pebble Beach Pro-Am: Wyndham Clark Claims Victory After Storm Cancels Final Round

    The PGA Tour had to make a rare decision after bad weather hit on Sunday. Read More

  • DP World Tour | January 29, 2024

    Randhawa: First Indian to win Senior Euro Q-School

    Veteran golfer Jyoti Randhawa made history by becoming the first Indian to clinch the top spot at the Senior European Tour’s Qualifying School, securing full playing rights in the Legends Tour for the Read More

  • General | January 24, 2024

    Fans Upset with TaylorMade's 'Sunday Red' Tiger Logo

    Tiger Woods is set to launch his own brand of apparel in partnership with TaylorMade called 'Sunday Red' after trademark applications were submitted to the United States Patent and Trademark Office (US Read More

  • Hours
    Minute
    Second
    Rolex
    #

    WANT TO GET STARTED?

    Sponsored Links