Kalyani Developers Enters Residential Market with ₹4,500 Crore Investment

Kalyani Developers Enters Residential Market with ₹4,500 Crore Investment

Focus on Housing Projects in Bengaluru and Hyderabad

On October 24, Kalyani Developers announced its entry into the residential real estate sector, planning a substantial investment of ₹4,500 crore over the next two years. This move is aimed at launching housing projects in Bengaluru and Hyderabad, marking a significant shift from its traditional focus on commercial real estate.

The investment will be directed towards land acquisition, project development, and sustainability efforts. "The residential sector offers a valuable opportunity for us to utilize our experience in line with evolving market demands," said A Mohan Raju, Managing Director and CEO of Kalyani Developers.

Project Locations and Strategic Planning

Kalyani Developers plans to introduce three residential projects in key areas of Bengaluru, including North Bengaluru, Whitefield, and Kanakapura Main Road, alongside a mixed-use development in Hyderabad. The company also intends to invest ₹800 crore in two hotels in North Bengaluru.

With a track record of delivering over 12 million square feet of office space since 1991, Kalyani Developers aims to replicate its success in the residential sector by offering quality housing solutions that meet the needs of today's buyers.

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