Kalyani Developers announces major investments in hospitality and residential sectors

Kalyani Developers, known as Kalyani Tech Park Pvt Ltd, revealed plans to invest Rs 4,500 crores in three residential projects in North Bengaluru, Whitefield, and Kanakapura Main Road, alongside a mixed-use development in Hyderabad over the next two years. Additionally, the company aims to allocate Rs 800 crores toward the construction of two hotels, each featuring 300 rooms, in North Bengaluru. These initiatives are positioned to enhance the region as a key destination for residential living and business activities.

“Over the past three decades, we’ve established a strong reputation in commercial real estate, hospitality, automobile (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 focussed 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.

Mohan further added, "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.”

Kalyani Developers anticipates that the residential sector will significantly contribute to its overall business growth, complementing its ongoing ventures in commercial and hospitality segments.