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K Raheja Corp

K Raheja Corp is a 70-year-old, Mumbai-headquartered diversified real estate conglomerate led by Founder & Chairman Chandru Raheja and MD & CEO Vinod Rohira. The group develops large-scale residential (Raheja Artesia, Modern Vivarea, Jade City), commercial (Mindspace, Commerzone), retail (Inorbit, Shoppers Stop) and hospitality assets (Chalet Hotels, partner hotels with Marriott/Westin/Taj). Known for green-building credentials and a major REIT platform (Mindspace) with strong credit ratings, the group is pursuing a potential parent IPO while maintaining healthy receivables and liquidity.

Founded in 1956, K Raheja Corp has ~70 years of experience. The business reorganized in 1996 (family split) with Chandru Raheja leading the current group and has since scaled from standalone developments to integrated, multi-vertical real estate platforms.

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Developer Projects

The portfolio spans premium luxury and mid-market residential projects, large-scale grade-A office parks and IT parks (Mindspace/Commerzone), multi-city retail malls (Inorbit) and hospitality (Chalet Hotels and branded hotel partnerships). Projects range from 1BHK affordable homes to ultra-luxury 4BHK apartments and REIT-scale commercial portfolios across Mumbai, Pune, Hyderabad, Bangalore, Goa and select tier-2 cities.

Raheja ArtesiaWorli, Mumbai

Residential CommunityApartment

Raheja Modern VivareaMahalaxmi, South Mumbai

Residential CommunityApartment

Raheja VivareaKoramangala, Bangalore

Residential CommunityApartment

Raheja VistasNacharam, Hyderabad

Residential CommunityApartment

Raheja Vistas PremiereMohammed Wadi, Pune

Residential CommunityApartment

Raheja VivaPaud Road, Pune

Residential CommunityVilla

Raheja EstrellaPaud Road, Pune

Residential CommunityVilla

Raheja ReserveOff NIBM, Pune

Residential CommunityApartment

Raheja Jade CityJuinagar, Navi Mumbai

Residential CommunityApartment

Raheja AntaresJVLR-LBS Intersect, Mumbai

Residential CommunityApartment

FAQ

Who are the owners ?

Chandru Raheja — Founder & Chairman (family-led promoter)
Vinod Rohira — Managing Director & CEO, K Raheja Corp
Ramesh Ranganathan — (held) CEO, K Raheja Corp Homes (focused on launches & execution)
Ashish Dhami — Deputy CEO, K Raheja Corp Homes
Sudhir Singhvi — Chief Financial Officer
Phanindra Komareddy — Senior executive (role not detailed in summary)
Ramesh Nair — MD & CEO, Mindspace Business Parks REIT
Shwetank Singh — MD & CEO, Chalet Hotels Ltd.
Rajneesh Mahajan — CEO, Inorbit Malls India Pvt. Ltd.
Kavindra Mishra — Executive Director & CEO, Shoppers Stop Ltd.
Urvi Aradhya — Chief Human Resources Officer & Director
Raman Sapru — Director, Design & Engineering
Arvind Prabhu — Director, Business Development
Priyanka Keswani — Director, Taxation
Ravi Chandra Vutukuru — SVP, Purchase Contracts & Billing
Abhishek Arora — SVP, Information Technology
Ramesh Valecha — Executive Director
Yasin Virani — Director, Corporate Finance Tax & Accounts
Vishwas Dhumal — CEO, Industrial Infrastructure
Sunil Hingorani — Director & Group CFO
Nandlal Rohira — Legal Advisor

When was the company founded ?

Founded: 1956
Total experience: ~70 years (1956–2026)

Is this a public company ?

The parent K Raheja Corp is a privately held, family-promoted group, but several group entities are publicly listed:
- Mindspace Business Parks REIT — listed (Aug 2020), CRISIL AAA/Stable ratings on multiple instruments
- Chalet Hotels Ltd. — listed hospitality arm
- Shoppers Stop Ltd. — listed retail arm
The group is exploring a potential IPO for the parent (~$700M raise at ~ $7B valuation as of early 2026). Residential and other private arms hold credit ratings (e.g., CARE A/Stable) and maintain cash/liquidity buffers and undrawn credit lines.

Which are the builder's popular projects ?

Raheja Artesia (Worli, Mumbai) — Ultra-premium 4 BHK apartments (3,064–3,875 sq.ft.), 8.5m-high drop-off lobby, uninterrupted Arabian Sea & Bandra-Worli Sea Link views.
Raheja Modern Vivarea (Mahalaxmi, Mumbai) — IGBC Gold, 3 & 4 BHK residences, 3.8 m internal heights, panoramic sea and racecourse views.
Mindspace Business Parks (multiple cities) — 38.2→39 million sq.ft. office/IT portfolio, grade-A workplace parks forming the REIT core.
Inorbit Malls (multi-city) — Large-format retail malls across several cities (Malad, Vashi, Cyberabad, Vadodara, Hubli, Vizag) with F&B, entertainment and anchor brands.
Raheja Jade City (Juinagar, Navi Mumbai) — Large residential township offering 1–3 BHK options, leisure and community amenities.
Raheja Viva & Raheja Estrella (Paud Road, Pune) — Villa and townhouse luxury projects with curated amenities and landscaped private gardens.
Raheja Vistas (Nacharam, Hyderabad) — IGBC Green Homes certified 2/3 BHK apartments and stand-alone designs.

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