Hyderabad Developer Targets ₹23,000 Crore GDV in the City Through Major Mixed-Use Developments

Bengaluru, January 22, 2026 – MyHome Group, the Hyderabad-based real estate leader famous for premium gated communities and on-time delivery, has officially launched operations in Bengaluru. This move forms a core part of the company’s aggressive pan-India expansion, backed by a ₹4,100 crore capital commitment across Mumbai, Bengaluru, and Chennai.

The company has acquired two large land parcels totaling 76 acres in East Bengaluru — a rapidly growing corridor close to major IT/ITES hubs, with strong metro connectivity improvements and rising demand for high-quality residential and mixed-use projects.

Bengaluru Project Highlights

• Land Acquired: Two parcels aggregating 76 acres in East Bengaluru, one of the city’s most promising residential and commercial micro-markets.
• Saleable Area: Nearly 15 million square feet across the portfolio.
• Gross Development Value (GDV): Approximately ₹23,000 crore — the largest slice of MyHome Group’s new pan-India pipeline valued at nearly ₹37,500 crore (total development potential ~46.6 million sq ft across all three cities).
• Development Type: Large-scale mixed-use projects that combine premium residential apartments, commercial spaces, retail zones, and extensive community amenities. These projects follow MyHome’s signature model of self-contained townships with superior construction quality, green spaces, modern facilities, and resident-centric design.

East Bengaluru’s strategic advantages — including proximity to Whitefield extensions, KR Puram, and emerging growth pockets — position these developments to attract the city’s growing IT workforce, families, and investors looking for integrated living options.

Launch Timeline and Execution Plan

MyHome Group plans to launch the first residential and commercial phases in Bengaluru during the next financial year (FY 2026-27). The team is currently finalizing master plans, securing regulatory approvals, and aligning timelines with ongoing infrastructure upgrades in the region.

The Bengaluru entry combines direct land purchases with potential strategic partnerships, allowing the group to scale efficiently in a competitive market.

Pan-India Expansion Overview

This Bengaluru initiative anchors MyHome Group’s shift from a Hyderabad-focused business to a true multi-city platform. The full pipeline breaks down as follows:

• Mumbai: Leads with ~₹11,500 crore GDV via joint developments.
• Chennai: Features a joint project in Siruseri delivering ~₹3,000 crore GDV and 4 million sq ft.
• Hyderabad: Continues as the core market with active ultra-luxury and large-scale developments.

Ramu Rao Jupally, Executive Vice Chairman of My Home Constructions, commented: “We are building a ₹37,500 crore pipeline across Mumbai, Bengaluru, and Chennai. This transition moves us from a single-city growth model to a diversified national platform — rooted in strong governance, delivery excellence, and long-term financial discipline.”

Abhishek Kapoor, CEO of MyHome Group, highlighted the role of the second-generation leadership and the vision of Chairman Rameswar Rao Jupally in replicating the Hyderabad success story in India’s key urban markets.

The company will soon reveal project names, detailed master plans, apartment configurations, pricing, and amenity packages as the launch phase approaches. These Bengaluru projects promise to inject fresh premium supply and stronger competition into East Bengaluru’s real estate scene, delivering significant value to homebuyers and investors in one of India’s most vibrant property markets.

  East Bengaluru Real Estate, MyHome Group, Residential Properties