Kalyani Developers, known for its commercial projects like Kalyani Tech Park, is expanding into residential real estate with three new projects in North Bengaluru, Whitefield, and Kanakapura Main Road. The company also plans a mixed-use development in Hyderabad and two upscale hotels in North Bengaluru, with a total investment of INR 4,500 crore over the next two years. CEO A. Mohan Raju highlighted Kalyani's commitment to quality and sustainable practices, leveraging its 30-year legacy in commercial and hospitality sectors. This strategic entry into the residential market aligns with Kalyani's vision to deliver diverse, high-value real estate projects catering to evolving market demands.
Kalyani Developers, widely known as Kalyani Tech Park, is expanding its real estate footprint with an entry into the residential sector. The company has announced three new projects in North Bengaluru, Whitefield, and Kanakapura Main Road, positioning itself as a multi-dimensional player in real estate. Additionally, Kalyani Developers plans to introduce a mixed-use project in Hyderabad, with total investments projected at INR 4,500 crore over the next two years. Part of this expansion includes INR 800 crore earmarked for the development of two upscale hotels, each offering 300 rooms, in North Bengaluru.
Together, these ventures aim to transform the region into a premier destination for both residential and business opportunities. The company's funding strategy focuses on land acquisition, project development, and implementing sustainable practices. Speaking on this transition, Managing Director and CEO A. Mohan Raju outlined the company's evolving vision. He highlighted that Kalyani Developers' in-house team will manage the construction of each project, reinforcing the company's commitment to quality.
While commercial and hospitality ventures will continue to anchor its core business, the residential sector represents a key element in its growth plans. He noted that the residential market offers substantial growth opportunities, supporting Kalyani Developers' focus on delivering value across diverse real estate sectors. Kalyani Developers has, over the last 30 years, built a formidable presence in commercial real estate, hospitality, the automotive sector-operating over 75 showrooms in Bengaluru, Mysore, and Hyderabad-and renewable energy.
Raju highlighted that the residential segment offers Kalyani Developers a prime opportunity to leverage its established legacy, extensive expertise, and deep market insight to address modern housing needs effectively. Raju added that residential real estate provides an ideal platform for Kalyani Developers to leverage its legacy, reputation, and expertise to deliver projects that align with shifting consumer expectations and current market trends.
The choice to launch its first residential project in North Bengaluru reflects a strategic move by Kalyani Developers, given the area's swift transformation and rising status as a premier real estate hub. According to Raju, this investment underscores the company's commitment to quality, innovation, and creating enduring value for both homeowners and investors. Raju affirmed that their strategic investment approach allows each project to reflect the company's high standards and vision for lasting impact.
Since its founding in 1991, Kalyani Developers has delivered over 12 million square feet of office space through significant projects like Kalyani Planet Tech Park, Kalyani Magnum, Kalyani Platina, and Helios Business Park. This extensive portfolio reflects the company's expertise in real estate development and strengthens its positioning as it diversifies into residential real estate. With this new chapter, Kalyani Developers aims to further solidify its presence as a comprehensive real estate entity, delivering value through quality-driven, impactful projects that cater to the demands of a dynamic market.
Advertisement
Facebook
Whatsapp
