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Krishvi Group is planning an INR 760-crore investment across three residential developments in Bengaluru, with a combined estimated gross development value of INR 1,050 crore. The projects will be spread over 6.5 acres and together comprise around seven lakh sq ft of residential development. Two projects are planned in Hennur, while the third, HBR Lakeside Residences, is located in HBR Layout. The Hennur developments will involve outright land acquisitions, whereas the HBR Layout project will be undertaken through a joint development arrangement. The proposed investments will expand the developer’s presence in North Bengaluru’s residential market, where demand for premium housing has continued to support new project launches.
Krishvi Group plans to invest INR 760 crore in three residential projects in Bengaluru, with the developments expected to have a combined gross development value of about INR 1,050 crore. The projects will cover 6.5 acres and are planned to deliver approximately seven lakh sq ft of residential space across Hennur and HBR Layout in the northern part of the city.
The proposed portfolio comprises two developments in Hennur and one in HBR Layout. The projects are being structured through different land-acquisition models, with the group opting for outright acquisitions for the Hennur developments and a joint development arrangement for the HBR Layout project.
The Hennur projects form part of the company's expansion in a residential corridor that has attracted increasing development activity over recent years. The area has benefited from its links to employment districts and transport infrastructure, supporting the development of new housing projects across various price segments.
The third development, HBR Lakeside Residences, will be developed in HBR Layout through a joint development model. Under this arrangement, Krishvi Group will work with the landowner to develop the property rather than acquiring the land outright. The project will add to the company's presence in an established residential location within North Bengaluru.
The three developments collectively account for a substantial residential pipeline for the group. The estimated INR 1,050-crore gross development value represents the expected value of the completed developments, while the INR 760-crore investment represents the capital commitment planned across the projects.
Krishvi Group director Arhanth Dinesh said the company had identified Hennur and HBR Layout for their differing positions within Bengaluru's residential market. He described Hennur as a developing premium housing corridor, while HBR Layout was characterised as a more established residential location.
The planned projects come at a time when Bengaluru's residential market continues to see developers expand their presence through both land acquisitions and development partnerships. Joint development agreements have remained an important route for developers seeking access to land without making an outright purchase, particularly in established urban locations.
For Krishvi Group, combining the two models across the three developments provides different routes to building its residential pipeline. Direct land acquisition will give the company control over the Hennur sites, while the joint development structure at HBR Layout allows it to undertake a project in an established locality through a partnership with the landowner.
The total planned development area of around seven lakh sq ft will make the projects a significant addition to the group's upcoming residential inventory in Bengaluru. Their concentration in North Bengaluru also reflects the company's focus on locations where established neighbourhoods and expanding residential corridors coexist.
Krishvi Group has been involved in Bengaluru's real estate market for several years, with its portfolio spanning residential developments in the city. The latest investment programme will add three projects to its development pipeline and increase its exposure to the premium housing segment.
With the three developments planned across 6.5 acres, the group is expected to deploy INR 760 crore towards projects carrying an estimated combined gross development value of INR 1,050 crore. The developments will proceed through their respective land and project approval processes before construction and delivery timelines are established.
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