Bengaluru: Kalyani Developers forays into residential realtyThe project, called Kalyani LivingTree, spans 25 acres. The project has a gross development value (GDV) of Rs 1,530 crore. Its total sales potential is Rs 2,070 crore.
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Bengaluru: Bengaluru-based Kalyani Developers launched their first residential project in North Bengaluru’s KIADB Aerospace Park, Bagalur, the realty and infrastructure development company announced on Monday.
The project, called Kalyani LivingTree, spans 25 acres. The project has a gross development value (GDV) of Rs 1,530 crore. Its total sales potential is Rs 2,070 crore.
A Mohan Raju, Managing Director and CEO of Kalyani Developers said, “North Bengaluru was a strategic choice for our first residential launch. This area is rapidly becoming a key real estate hub.”
Until now, the group has worked on commercial projects of over 12 million square feet.