NEW DELHI: Kalyani Developers, also known as Kalyani Tech Park, has forayed 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 construction of all projects will be handled by our in-house team. 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,” said A Mohan Raju, managing director and CEO of the company.
The overall investment for these projects would be around Rs 4,500 crore over the next two years. It is also planning Rs 800 crore investment in two hotels comprising 300 rooms each in North Bengaluru.
