Kalyani Developers

Kalyani Developers is a Bengaluru-based real estate developer led by Managing Director & CEO A. Mohan Raju, with ~34 years in the industry and over 12 million sq. ft. delivered to multinational clients. The company is best known for large-format Grade‑A commercial tech parks and workplaces across Bangalore (Helios, Platina, Magnum) and is diversifying into residential and hospitality (LivingTree, DoubleTree by Hilton). It operates vertically through related businesses (auto dealerships, renewable energy, hospitality) and emphasizes sustainability and large-scale, institutional-grade developments.

Started its real estate journey with the Kalyani Kala Mandir convention centre (20,000 sq. ft.) around 1990 and was formally incorporated as Kalyani Developers Pvt. Ltd. in 1996. Under A. Mohan Raju (took over in 1991) the firm has expanded steadily over three decades, delivering major commercial projects from early 2000s tech parks to large multi‑million sq. ft. campuses completed through 2021–2022 and launching residential in 2024.

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Developer Projects

Focus is on large-scale, premium commercial office and tech parks (Grade‑A workplaces, integrated campuses) primarily in Bangalore (Bannerghatta, ORR, Whitefield, JP Nagar, Marathahalli) with growing residential and hospitality plays. Projects are institutional in scale (hundreds of thousands to millions of sq. ft.), with sustainability credentials (LEED/WELL/IGBC), modern amenities and mixed‑use elements.

Kalyani Kala Mandir Convention CentreCommercial

BannerghattaBangalore

Kalyani Planet Tech ParkCommercial

BannerghattaBangalore

Kalyani MagnumCommercial

JPBangalore

Kalyani Platina Tech ParkCommercial

WhitefieldBangalore

Kalyani Helios Business ParkCommercial

KadubeesanahalliOuterBangalore

Kalyani Roshni Tech HubCommercial

MarathahalliOuterBangalore

Kalyani Trident HyderabadCommercial

FinancialHyderabad

LivingTreeResidential Community | Apartment

KIADBNorthGummanahalli)

Kalyani WhitefieldResidential Community | Apartment

WhitefieldBangalore

Kalyani Kanakapura RoadResidential Community | Apartment

KanakapuraBangalore

FAQ

Who are the owners ?

A. Mohan Raju — Managing Director & CEO (took over company leadership in 1991; founder of the real estate business)
Shashi Ramchandra Jadhav — Director (appointed Feb 14, 1996)
Kalyani Shashi Jadhav — Additional Director (since Feb 7, 2015)
Anjali Shashi Jadhav — Director

Other senior management:

Monika K — Manager, Commercial Leasing & Transactions
Kavya Gowda — Sales Manager
Mohamed Mudasir — Senior Marketing Manager

(Company entity: Kalyani Developers Private Limited, CIN: U45200MH1996PTC097291)

When was the company founded ?

Real estate operations began around 1990–1991 (Kalyani Kala Mandir landmark built ~1990).
Incorporated as Kalyani Developers Private Limited on February 14, 1996.
Total operating experience: ~34 years (as of 2025).

Is this a public company ?

No — Kalyani Developers is a privately held company (Private Limited).

Key financial highlights (concise):

Operating income: Rs 351.4 crore (FY2022) → Rs 532.4 crore (FY2023).
Profit after tax: Rs 21.1 crore (FY2022) → Rs 67.7 crore (FY2023).
Liquidity: ~Rs 101 crore unencumbered cash (as of Jun 30, 2023) and ~Rs 106 crore in a debt‑service reserve account.
Planned capex: ~Rs 5,300 crore for residential and hospitality by 2026.
Credit status: ICRA rating moved to [ICRA]BB+ (Stable) and classified as 'Issuer Not Cooperating' (Sept 30, 2024) — indicates rating downgrade and limited disclosure to the agency.

Which are the builder's popular projects ?

Kalyani Helios Business Park (Kadubeesanahalli, Outer Ring Road, Bangalore): ~2.8 million sq. ft. across a 22‑acre campus; multi‑wing Grade‑A office campus with IGBC/LEED/WELL/USGBC certifications and extensive employee amenities.
Kalyani Platina Tech Park (Whitefield, Bangalore): ~2 million sq. ft. on 22 acres with seven buildings (large floorplates for IT/tech occupiers), landscaped zones and sustainability features; development phased 2009–2019.
Kalyani Magnum (JP Nagar, Bangalore): ~1.4 million sq. ft. over 10 acres, multi‑block office complex with premium F&B, recreational areas, daycare and EV charging.
Kalyani Trident Hyderabad (Financial District, Hyderabad): ~1.5 million sq. ft. (4B+G+21) — major commercial project currently under development.
LivingTree (KIADB Aerospace Park, North Bengaluru): 25‑acre residential project launched 2024 with 10 towers, multi‑format units (1–3 BHK) and >60 amenities; target possession Dec 2028.
Kalyani Kala Mandir Convention Centre (Bannerghatta Road, Bangalore): 20,000 sq. ft. landmark that marked the company’s entry into real estate around 1990.
Hospitality: DoubleTree by Hilton (within Kalyani Platina) — 183 rooms completed 2024; two more 300‑room hotels planned in North Bangalore by 2026.

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