Kalyani Developers has announced its foray into the residential real estate segment, and will invest Rs 4,500 crore over the next two years on projects located in Bengaluru and Hyderabad. The company is looking to launch three residential projects across North Bengaluru, Whitefield and Kanakapura Main Road.

It also has plans for a mixed-use development in Hyderabad. The investment will be directed towards land acquisition, project development, and sustainability initiatives. Besides, Kalyani Developers is planning to infuse Rs 800 crore into two hotels comprising 300 rooms each in North Bengaluru. The construction of all the projects will be undertaken by its in-house team. 

With a strong base in commercial real estate, hospitality, automobiles, and renewable energy, and has delivered over 12 million sq. ft. of office space across multiple projects, including Kalyani Planet Tech Park, Helios Business Park, among others.

The company's upcoming commercial developments in the IT capital include tech parks on the Outer Ring Road (ORR) spanning three million sq. ft., and a proposed BTS development in Devanahalli.