Fundays is Mahindra Holiday’ timeshare offering to corporate, introduced in October 2006. This offering is based on a points system for the 10 year term. . A corporate member may offer family holidays to their employees. A Club Mahindra Fundays member has to purchase a minimum 10,000 points and additional points can be purchased in multiples of 1,000 points. 67% of the points purchased by a member are termed as “Premium points” and can be used in all four seasons - Purple, Red, White and Blue, in Club Mahindra Holidays resorts and all three seasons - Verve, Buzz and Pep, in Zest resorts. 33% of the points purchased by the member are termed as “Classic points” and can be used only in the White and Blue seasons in Club Mahindra Holidays resorts and only in the Pep season in Zest resorts.
As of October 31, 2007 Mahindra Holiday has sold 1,128,849 Club Mahindra Funday points. That is 112 times minimum point required to purchase corporate membership.
What does it mean to ClubMahindra customer :- Purple season which is not available to general customer is available to corporate customers.
- One corporate membership is equal to how many Red Studio membership?
I do not know, but for sure each corporate customer membership must be equal to many (?) single normal customer membership. Otherwise why Mahindra holidays will create this brand. So how much load it is on ClubMahindra members : 1*112 or 5*112 (=600) or 10*112(=1200) Red Studio membership?
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Dear Bhupesh,
ReplyDeleteI’ve finally moved my blog to own domain, http://www.enidhi.net...
Hi Bhupesh, I am from Mumbai (Bombay) and really appreciate your research on such timeshare memberships.
ReplyDeleteI have written about REAL PER NIGHT COST FOR CLUB MAHINDRA MEMBERSHIP at http://www.mouthshut.com/review/Advice_on_Time_Share_Membership-123078-1.html
I hope that it will be useful to your blog readers.
Reading your posts it appears as though you seem to be really troubled by Club Mahindra. Keeping all facts aside, if you didn't have a timeshare company like Club Mahindra, and if they wouldn't make you spend so much, would you really be forced to take 7 days out of 365 days for a holiday ? Just think about the advantages of signing up for 25 years from that perspective.
ReplyDeleteHi Anonymous,
ReplyDeleteThanks for your comments.
I thought my blog will force ClubMahindra members demand accountability from Mahindra Holidays management. After all they have trusted them by giving that big amount for 25 year vacation.
Forced vacation is just one by product of the membership not the actual product. And any way if they will not build matching rooms inventory many members will go with out availing holidays, however hard/in advance they plan.
So I trust apart from enjoying their holidays members will also assert their consumer rights upon Mahindra Holidays.
The last but one comments seems to say "Feel good that you've done some charity to Club Mahindra"
ReplyDeleteThey'll certainly make one spend...Are you guaranteed to get your 7 days holiday every year?
If after such huge investment one fails to leverage it (read: Not being able to Enjoy the holidays due to non availability), BP, Tension frustration etc will rise harming the health...
ReplyDeleteBhupesh,
ReplyDeleteYou have aptly stated that Club Mahindra is taking its members for a ride. Apart from this there is another interesting phenomenon. Several disgruntled members, having got nothing out of this membership, have sold their ids to travel agents. These travel agents make booking for all prime places for all premium time slots, as soon as the bookings open. So, a booking is not available to me directly for a particular period, but the same is available through an agent. This is clear fraud, as the guests are receiving preference over the member. I think somebody should file a class action suit against Club Mahindra.
Sandeep
Dear Anonymous,
ReplyDeleteWhat is club mahindra forcing us to do. Go to Kerala in summers and to hills in winters. And are you getting the holidays of your choice? NEVER. What is the ratio of the space available to the number of members. I think somebody should file a class action suit against the company.
Sandeep
First do some basic maths FOR CLUB MAHINDRA.
ReplyDeleteYou get a holiday for 25 years for a week each at the following cost.
20000 x 12 = 240000/- plus 25000/- cash down plus 9000/- per year rising with inflation.
Total-at today's rate-- 5LAC.
This is white studio package, WHICH IS ONE ROOM APARTMENT FOR THREE ADULTS AT MOSTLY OFF SEASON..
So, at 500000/25/7= 2857/- per day you get a room for three in off- season.
If you want in season, you get lesser days, and YOU CANNOT BOOK MORE THAN 15 DAYS IN ADVANCE.
If you want an on season-package, its much more expensive.
If you try to book thru their website, ALL THEIR places are MOSTLY UNAVAILABLE.
They have a purple package as well, but thats for non-members!!! For those who do not get hoodwinked, and go casually. THATS totally a season, heart of the season package!!
At 2857/- day, I can stay anywhere in better properties, without blocking my money for 25 yrs
DONT FALL FOR THIS HOLIDAY DREAM, IT WILL TURN INTO A NIGHTMARE THE MOMENT YOU ARE ELIGIBLE FOR A HOLIDAY WITH THEM(BY THE WAY THAT ALSO HAPPENS AFTER YOU HAVE PAID 50 % OF THE 240000/-)
Hi Anonymous,
ReplyDeleteI have another post for per day cost calculation .. you may want to visit that.
http://what-goes-in-my-mind.blogspot.com/2009/02/club-mahindra-membership-cost.html
i have purchaser a one time holiday plan from Club mahindra , letter on i have come to know there is no such plan for OTH , now iam Struggle ring since September they are not refunding my money if any one facing same problem pls contact me
ReplyDeleteHi I am interested to buy membership to Red season - Studio
ReplyDeletePlease contact me at vijaygarg@yahoo.com