Bengaluru-based Kalyani Developers has announced plans to invest approximately ₹5,300 crore in the development of housing and hospitality projects across South India.
In a statement released on Thursday, the company detailed its entry into the residential market with three major projects set to launch in North Bengaluru, Whitefield, and Kanakapura Main Road. Each of these locations has been strategically chosen for their potential growth and demand for quality housing. Additionally, Kalyani Developers is looking to undertake a mixed-use development in Hyderabad, which will blend residential, commercial, and recreational spaces to cater to a diverse audience.
The total investment for these residential and mixed-use projects is expected to reach around ₹4,500 crore over the next two years. As part of its hospitality expansion, the company also plans to invest ₹800 crore in two hotels, each comprising 300 rooms, in North Bengaluru. This move aims to enhance its presence in the hospitality sector, capitalising on the region’s burgeoning tourism and business travel.
A. Mohan Raju, Managing Director and CEO of Kalyani Developers, remarked, “Over the past three decades, we have established a strong reputation in commercial real estate, hospitality, automobiles—with more than 75 showrooms in Bengaluru, Mysore, and Hyderabad—and renewable energy.” He emphasised that the residential segment presents a significant opportunity for the company to leverage its extensive legacy and expertise in various sectors.
Raju further highlighted that the construction of all upcoming projects will be managed by the company’s in-house team, which brings over 30 years of experience in the industry. This skilled team has successfully delivered more than 12 million square feet of commercial space, showcasing its capability and commitment to quality.
With these ambitious plans, Kalyani Developers aims to tap into the growing demand for residential and hospitality spaces in South India, positioning itself as a key player in the region’s real estate market and contributing to the area’s economic growth.
