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 ArtesiaResidential Community | Apartment

WorliMumbai

Raheja Modern VivareaResidential Community | Apartment

MahalaxmiSouth

Raheja VivareaResidential Community | Apartment

KoramangalaBangalore

Raheja VistasResidential Community | Apartment

NacharamHyderabad

Raheja Vistas PremiereResidential Community | Apartment

MohammedPune

Raheja VivaResidential Community | Villa

PaudPune

Raheja EstrellaResidential Community | Villa

PaudPune

Raheja ReserveResidential Community | Apartment

OffPune

Raheja Jade CityResidential Community | Apartment

JuinagarNavi

Raheja AntaresResidential Community | Apartment

JVLR-LBSMumbai

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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