K Raheja Corp traces its origins to 1956, when Lachmandas Raheja founded the group in Mumbai. Under the stewardship of Chandru Raheja and, subsequently, his sons Neel and Ravi Raheja, the conglomerate has grown into one of India's most diversified real estate groups, operating across commercial offices, luxury residences, hospitality, retail malls, and power. Three of its businesses — Shoppers Stop Ltd., Chalet Hotels Ltd., and Mindspace Business Parks REIT — are publicly listed entities, giving the group a level of institutional transparency rare in Indian real estate.
The group's residential arm, K Raheja Corp Homes, has delivered over 10 million square feet of housing across more than 30 projects, creating homes for upwards of 8,500 families. Its flagship residential brand, Vivarea, debuted in Mumbai's Mahalaxmi neighbourhood and became a reference point for large-format luxury in that market. The Bengaluru entry — K Vivarea Koramangala — is the first time the Vivarea brand has been deployed in the city, and the choice of location was deliberate: Koramangala's greenfield land parcels are essentially exhausted, making this site's scale structurally unrepeatable.
Before the residential launch, K Raheja Corp had established a measurable presence in Bengaluru across two other business lines. The group's hospitality arm, Chalet Hotels, operates the Bengaluru Marriott Hotel Whitefield with 391 keys and approximately one million square feet of office development within the Marriott Complex at Whitefield. Separately, K Raheja Corp launched Inorbit Mall at Whitefield, Bengaluru, in September 2012, adding the city to an Inorbit network that now covers Mumbai, Navi Mumbai, Hyderabad, Vadodara, Hubballi, and Visakhapatnam. The group's commercial brand, Commerzone, also has a Whitefield tower — a 14-storey Grade-A building in the EPIP Zone that counts Accenture among its tenants.
This prior presence matters for a residential buyer evaluating developer credibility. K Raheja Corp is not a newcomer conducting a one-off launch; it has operated hospitality and commercial assets in Bengaluru for over a decade and understands the city's micro-market dynamics firsthand. The Koramangala residential project is a natural extension of that institutional knowledge, formalized through the strategic alliance between K Raheja Corp Homes and Chalet Hotels, which owned the 8.25-acre land parcel.
The project sits at 7th C Main Road, 1A Block, Koramangala — an address that places it directly behind the Wipro SEZ and within minutes of Sarjapur Road, HSR Layout, and the Silk Board interchange. The site spans 8.25 acres in total, with 7.44 acres allocated to the gated residential development and 0.81 acres earmarked for a Grade-A commercial component. Nine towers are ten floors each; two towers rise to eleven floors, yielding over 300 residences across the complex.
| Configuration | Size Range | Key Specification |
|---|---|---|
| 3 BHK | 1,287 – 2,024 sq ft (carpet) | Floor-to-floor height: 10.8 ft |
| 3.5 BHK | 2,346 – 2,966 sq ft | Deck width: up to 6.8 ft |
| 4 BHK | 3,705 – 4,280 sq ft | Up to 4,006 sq ft carpet |
| 5 BHK | 4,332 – 4,487 sq ft | Model apartment on-site |
The project is RERA-registered under number PRM/KA/RERA/1251/310/PR/171125/000528 with the Karnataka RERA authority. Amenity zoning follows a structured model: a Community Zone, Sports and Fitness Zone, Wellness Zone with spa and meditation spaces, a Leisure Zone, Kids' Zone, and a Convenience Zone — 50-plus amenities in total. The project has been recognised as the Best Eco-Friendly Sustainable Project by Times Business 2024, with features including natural ventilation design, eco-friendly roofing, and EV charging stations across the basement parking.
When K Raheja Corp CEO Ramesh Ranganathan announced the project, the reasoning was direct: Koramangala has limited greenfield land prospects, making any large gated development on undivided acreage inherently scarce. The group's intent was to replicate in Bengaluru what Raheja Vivarea achieved at Mahalaxmi in Mumbai — a gated enclave at sufficient density to support club-level amenities, but sized so that residents maintain the feel of a low-rise address. The 10-to-11-floor tower format, 10.8-foot floor heights, and generous decks extending up to 6.8 feet in width are direct carry-forwards of the Mumbai Vivarea specification.
The Chalet Hotels land ownership also shapes the product in a less obvious way: the 0.81-acre commercial component adjacent to the residential towers gives the enclave a degree of internal self-sufficiency without compromising the residential street's scale. This mixed-use proportion — roughly 90% residential, 10% commercial — is characteristic of how K Raheja Corp structures its hospitality-anchored residential plays.
Koramangala sits in the southeastern quadrant of Bangalore, divided into eight blocks across roughly 6–7 square kilometres. Its road access — Outer Ring Road, Inner Ring Road, Hosur Road, and Sarjapur Road — connects it directly to Electronic City, the Outer Ring Road tech corridor, Indiranagar, HSR Layout, and Bellandur without requiring highway-level commutes. The Central Silk Board metro station on the Yellow Line (operational from August 2025) sits approximately 2.7 kilometres from the Vivarea site, extending rapid-transit access toward Electronic City Phase 1 and Phase 2.
The neighbourhood's social infrastructure is mature and dense. St. John's Medical College Hospital is 1.9 kilometres away. Nexus Mall (formerly Forum Mall) is 2.7 kilometres out. St. Francis School, Krupanidhi Group of Institutions, Jyothi Nivas College, and Christ University all lie within short commuting range. For the buyer profile that K Vivarea targets — senior technology professionals, CXOs, and high-income families seeking a Bengaluru base — this concentration of healthcare, education, and retail within one neighbourhood substantially reduces the need to range across the city for daily requirements.
On the price side, Koramangala's flat rates averaged approximately ₹16,650 per square foot as of 2025, with the broader range running from ₹13,950 to ₹22,000 per square foot depending on configuration and vintage. Flat prices in the locality have moved 11% over the past year, 30.1% over three years, and 99.4% over the past decade — numbers that reflect both supply constraint and sustained corporate employment demand in south Bengaluru. K Vivarea's per-square-foot positioning within this market is competitive given its configuration sizes: the project's larger 4- and 5-BHK apartments are among the few offerings in Koramangala that provide this kind of carpet area in a freshly built gated setting.
For a buyer conducting due diligence on a developer, K Raheja Corp's multi-listed structure provides a degree of financial transparency that most residential developers cannot match. Mindspace Business Parks REIT trades on Indian stock exchanges and files quarterly disclosures. Chalet Hotels Ltd. — the entity that owns the Koramangala land — is itself exchange-listed. This means the land ownership history and financial position of the selling entity are public record, a significant risk-mitigant for a high-ticket purchase.
The group signed a memorandum of understanding with the CII-Green Building Council for green construction as far back as 2007 and has buildings certified at LEED Gold and Platinum levels. Its projects have been showcased in the C40 Cities Climate Leadership Group, connected to the Clinton Climate Initiative. For the Bengaluru buyer, these are not marketing credentials but verifiable institutional commitments that shape how the Vivarea complex is built and maintained over a 20-to-30-year horizon.
