Mumbai: Bengaluru-based boutique real estate developer Krishvi Group plans to invest ₹760 crores across three residential developments in North Bengaluru, with the projects expected to generate a combined gross development value (GDV) of approximately ₹1050 crores.
The developments will comprise around 7 lakh sq. ft. of high-end residential real estate spread across 6.5 acres in Hennur and HBR Layout, two locations that form part of Krishvi Group’s expansion strategy in Bengaluru.
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The investment represents one of the developer’s most significant capital deployments to date as it looks to expand its residential portfolio across key growth corridors in the city.
Commenting on the expansion, Arhanth Dinesh, Director of Krishvi Group, said, “This expansion marks a milestone in our strategic growth journey as we deepen our long-term commitment to Bengaluru’s evolving real estate landscape. We see Hennur and HBR Layout shaping North Bengaluru’s real estate story in distinct ways. Hennur as an emerging luxury corridor and HBR Layout as a well-established residential hub, together, they strike a balance between appreciation potential and lifestyle convenience, making them destinations where investors would find growth and families discover communities. Our aim is to offer residential landmarks that quietly elevate everyday living while creating enduring value for our homeowners. At the core of our ethos is a philosophy that focuses on unwavering dedication to design, serenity architecture, strict adherence to project timelines, and high-standard construction quality.”
The three developments will follow different project structures. The projects in Hennur will be undertaken through outright acquisitions, while the premium HBR Lakeside Residences development will be executed as a joint development project.
Together, the projects will add approximately 7 lakh sq. ft. of high-end residential space across 6.5 acres, reinforcing Krishvi Group’s focus on premium housing developments in North Bengaluru.
The expansion also places Hennur and HBR Layout at the centre of the developer’s current residential strategy, with the two locations representing different aspects of the market identified by the company. While Hennur is positioned by Krishvi Group as an emerging luxury corridor, HBR Layout is described as an established residential hub.
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For Krishvi Group, the three-project pipeline combines outright acquisition and joint development models while representing a ₹760-crore investment and an estimated combined GDV of approximately ₹1050 crores.
