Kalyani Developers announce foray into residential sector; to invest ₹4500 crores over the next 2 years in Bengaluru and Hyderabad
Bengaluru based Kalyani Developers, also Known as Kalyani Tech Park Pvt Ltd have announced their foray into the residential sector with three projects planned in North Bengaluru, Whitefield and Kanakapura Main Road. The company is also planning a mixed-use development in Hyderabad. The overall investment for these projects would be around ₹4500 crores over the next two years. The company is also planning ₹800 crore investment in two hotels comprising 300 rooms each in North Bengaluru. These projects will support the area’s evolution into a premier destination for both living and business. The company’s investments will be directed towards land acquisition, project development, and sustainability initiatives.
“Over the past three decades, we’ve established a strong reputation in commercial real estate, hospitality, automobiles (with more than 75 showrooms in Bangalore, Mysore, and Hyderabad), and renewable energy, consistently delivering value through our commitment to quality, innovation, and customer satisfaction. The residential sector presents a significant opportunity for us to leverage this legacy and expertise in a way that aligns with shifting market dynamics and consumer expectations. Our choice of North Bangalore as the location for our first residential launch was a strategic decision based on its rapid development and growing importance as a key real estate hub. This focused investment plan will ensure that each project embodies our commitment to quality, innovation, and long-term value creation for homeowners and investors alike.” said A Mohan Raju, Managing Director and CEO, Kalyani Developers.
“The construction of all projects will be handled by our in-house team, which boasts over 30 years of expertise and has successfully delivered 12 million+ square feet of commercial spaces. This team is now led by experienced professionals specializing in residential construction, ensuring that the project is executed to the highest standards and timely delivery.” A Mohan Raju added.
In the coming years, the residential sector is expected to become a significant contributor to Kalyani Developers’ overall business. While the commercial, hospitality, and other verticals remain strong, residential projects will play a pivotal role in the overall growth strategy of the company.
