K Raheja Corp Projects

K Raheja Corp projects in Koramangala, Bangalore

K Raheja Corp's Entry into Bengaluru — Why Koramangala and Why Now

K Raheja Corp was founded in 1956 by Chandru Raheja, and over the following seven decades it built one of India's most diversified real estate portfolios — spanning commercial projects, residential developments, malls, and hospitality across multiple cities, and establishing itself as the second-largest commercial developer in the country. Its residential arm, K Raheja Corp Homes, holds a portfolio across five cities, including iconic projects such as Raheja Vivarea and Raheja Artesia in Mumbai and Raheja Viva and Raheja Reserve in Pune, with approximately 10 million sq ft of residential area developed across 30-plus projects for over 8,500 families.

Bengaluru had been part of K Raheja Corp's wider footprint for years — the group launched Inorbit Mall in Whitefield and the Marriott Whitefield hotel — but the group's luxury residential brand, Vivarea, had been absent from the city. Chalet Hotels and K Raheja Corp Homes entered into a strategic alliance for a luxury residential development in the Koramangala micro-market of Bengaluru, on an expansive 8.25-acre premium land parcel owned by Chalet Hotels, to be exclusively marketed by K Raheja Corp Homes. The CEO of K Raheja Corp Homes noted at the time that "the Koramangala market, with limited greenfield land prospects, makes this project highly aspirational."

K Vivarea Koramangala: The Project at a Glance

The project allocates 7.44 acres for a high-end gated residential development and 0.81 acres for a Grade A commercial development. With a total saleable area of 8.5 lakh sq ft, the development encompasses nine towers of ten floors each and two towers of eleven floors, taking the total number of apartments to over 300. Residences range up to 4,006 sq ft carpet, are characterised by 10.8-ft floor-to-floor heights and spacious decks extending up to 6.8 ft in width, and are available in 3, 3.5, 4, and 5 BHK configurations costing upwards of Rs 6 crore.

The address is 7th C Main Road, 1A Block, Koramangala, Bengaluru 560034. K Raheja Vivarea is RERA-registered with ID PRM/KA/RERA/1251/310/PR/171125/000528. The project's current status is ready to move.

Named Raheja Vivarea, the residential offering is intended to echo the much-noted Raheja Vivarea in Mumbai's Mahalaxmi. The Koramangala iteration carries a similar brief: large-format homes, restrained tower counts relative to land area, and an amenity programme structured across distinct zones. These zones include a Community Zone for social connections, a Sports and Fitness Zone with modern facilities, a Wellness Zone with spa and meditation spaces, and a Leisure Zone and Kids' Zone.

The project has been recognised as the Best Eco-Friendly Sustainable Project by Times Business 2024, emphasising sustainability through features such as natural ventilation, eco-friendly roofing, and electric vehicle charging stations. This aligns with K Raheja Corp's broader environmental commitments: the group signed a memorandum of understanding with the CII-Green Building Council to construct green buildings back in 2007.

Koramangala's Land Constraint: The Supply Case for Vivarea

The scarcity of greenfield land in Koramangala directly underpins the significance of K Raheja Corp's 8.25-acre parcel. Koramangala became prominent during Bangalore's late-1990s tech boom, positioned between central Bengaluru and the growing Electronic City area; wide boulevards and bungalows gave way over time to apartment complexes, retail spaces, and coworking centres, and by the 2010s it had earned a reputation as a startup hub. That organic densification means consolidated land parcels of this size are rare.

Limited supply in Koramangala, alongside HSR Layout and Indiranagar, is pushing both rents and prices upward, cementing the area as a premium micro-market. These strategically located areas remain strongholds for mid-to-luxury segment demand, and limited inventory continues to push prices upward. For a buyer evaluating K Vivarea Koramangala, this supply dynamic provides context: the project occupies land that simply cannot be replicated at this address.

Location Mechanics: Connectivity That Defines the Address

Koramangala enjoys strategic proximity to major roads including the Intermediate Ring Road, Outer Ring Road, Sarjapur Road, and Hosur Road, offering access to Central Bangalore, Indiranagar, HSR Layout, Bellandur, and Electronic City. For residents of K Vivarea, the immediate road network connects to all of south Bengaluru's primary employment corridors without requiring a freeway interchange.

Tech park proximity is a concrete feature of the site's location. EGL, RMZ Eco Space, and RMZ Eco World — housing companies including Microsoft, Yahoo, and Morgan Stanley — are located close to the project. IBC Knowledge Park, Cessna Business Park, and Salarpuria Tech Park are also in close proximity. The locality houses offices of leading global firms such as Wipro, Accenture, Oracle, and SAP.

On the infrastructure pipeline, the Bangalore Elevated Corridor is planned to connect Silk Board Junction to Mekhri Circle, a 2.4-km flyover between Ejipura and Kendriya Sadan is under construction, and the planned Yellow Line Metro will improve access to BTM Layout. These projects incrementally improve Koramangala's already strong connectivity without displacing its established character.

Social Infrastructure Within Reach of the Project

A household's daily-use infrastructure around K Vivarea Koramangala is well-documented. D Mart is 1.3 km away, St John's Medical College Hospital is 1.9 km away, and Nexus Mall is 2.7 km away. Nexus Forum Mall is also within proximity for entertainment and retail. For families with educational priorities, St Francis School, Krupanidhi Group of Institutions, and Jyothi Nivas College are nearby. St Francis College is approximately four minutes away, and St John's Hospital is approximately seven minutes away.

The Price Landscape: Where Vivarea Sits in Koramangala's Market

Koramangala is among Bengaluru's most firmly priced residential markets. Koramangala at approximately Rs 25,000 per sq ft is considered one of the most expensive areas in Bengaluru due to proximity to tech offices, entertainment options, and a vibrant lifestyle. Between mid-2023 and mid-2024, Koramangala saw property prices rise by roughly 31% over a one-year period. Over the last five years, the locality has witnessed 42% price appreciation.

Premium localities like Koramangala show measured incremental growth as prices have already reached a high base, leaving less room for sharp short-term increases — a pattern that typically characterises a mature market with sustained, lower-volatility appreciation rather than speculative cycles. Demand from HNIs and NRIs continues to rise in Koramangala and Indiranagar, with projected appreciation of 8–10%.

Within this context, K Vivarea Koramangala's 3 BHK pricing starts at approximately Rs 6.8 crore for a carpet area of 1,287 sq ft, with sales-offer pricing starting at Rs 5.05 crore for a usable area of 1,836 sq ft.

K Raheja Corp's Track Record as a Developer Signal

For a buyer assessing developer credibility, K Raheja Corp's record across asset classes in Bengaluru and nationally is relevant background. Under the Mindspace banner, K Raheja Corp operates Mindspace Office Parks, a publicly listed real estate investment trust (REIT). The discipline required to manage a listed REIT — with institutional investors, quarterly disclosures, and regulatory oversight — is qualitatively different from a developer with only private capital accountability. The company has been ahead of the curve in the green development sector, signing an MOU with the CII-Green Building Council to construct green buildings in 2007.

The residential business has a reputation for delivering uncompromising quality in construction, innovation in design, transparent communication, and timely handover. K Vivarea Koramangala represents the group's first luxury residential foray under its flagship Vivarea brand into Bengaluru, marking the luxury residential entry of the group with the Vivarea brand in the city.

Frequently Asked Questions

How does Koramangala's road connectivity compare to other parts of Bangalore?+
Koramangala sits at the intersection of four of south Bangalore's most important arterial roads — the Outer Ring Road, the Inner Ring Road (80 Feet Road), Hosur Road, and Sarjapur Road — giving residents direct access to Electronic City, HSR Layout, Indiranagar, and the broader ORR tech corridor. Major tech parks on the ORR, including Embassy Golf Links, Prestige Tech Park, and Salarpuria Softzone, are within a 15 to 25 minute drive under normal conditions. The neighbourhood also sits within a short distance of Central Silk Board Metro Station on the Yellow Line, which connects southward to Bommasandra and northward toward RV Road, bypassing the historically congested Silk Board junction entirely for rail commuters.
What schools, hospitals, and malls are available in Koramangala for families?+
Koramangala has over 15 schools within and immediately around the locality, including Bethany High School, St. Francis School, National Public School, EuroSchool, and VIBGYOR High, as well as Christ University and St. John's Medical College at its edges. On the healthcare side, Manipal Hospital, St. John's Hospital, Narayana Multispeciality Hospital, and Apollo Spectra serve residents with round-the-clock multi-speciality care. Retail is anchored by Nexus Mall (formerly Forum Koramangala), with Oasis Centre and Market Square Mall also nearby, covering daily retail, multiplex entertainment, and dining needs within the neighbourhood itself.
What types of property are available to buy in Koramangala, Bangalore?+
The residential supply in Koramangala spans apartments, independent houses, builder floors, and a smaller inventory of villas and plots, spread across eight distinct blocks that each carry a different character. Buyer demand skews heavily toward 3 BHK and 4 BHK configurations, which together account for roughly 64 percent of purchase interest, reflecting the neighbourhood's pull toward larger, premium homes. Builder floors are particularly prominent in the rental segment, making up around 40 percent of rental supply, while gated apartment societies from developers such as Prestige Group, Sobha, and K Raheja Corp represent the upper end of the ownership market.
Who typically buys property in Koramangala — is it suitable for families, IT professionals, or investors?+
Koramangala draws a cosmopolitan mix of IT professionals, startup founders, students, and families, all of whom are served by the locality's self-sufficient social infrastructure and central position in the city. For investors, year-round occupancy demand from tech and startup employees keeps vacancy periods short — typically 15 to 20 days in the more active blocks — and underpins a stable rental market. Families specifically value the proximity to multi-speciality hospitals, the concentration of reputed schools, and the quieter, tree-lined character of Blocks 1 through 4, while working professionals tend to favour the walkable, amenity-rich environment of Blocks 5 through 8.
What is the current price range for property in Koramangala, Bangalore?+
Average apartment rates in Koramangala currently range from approximately ₹14,000 to ₹22,900 per square foot depending on block, building age, and configuration, with the overall average sitting near ₹16,650 per square foot. A 2 BHK flat is broadly priced between ₹1.56 crore and ₹2.23 crore, while 3 BHK units range from approximately ₹2.44 crore to ₹4.5 crore. Most active buyer demand sits above ₹2 crore, with 45 percent of buyers seeking properties above ₹5 crore, confirming the neighbourhood's positioning firmly within Bangalore's premium residential tier.
How has property appreciation trended in Koramangala over recent years?+
Flat prices in Koramangala have appreciated approximately 11 percent over the past year, 30 percent over three years, and close to 100 percent over the past decade, making it one of Bangalore's more consistently performing residential micro-markets. Even through broader market corrections, prices in Koramangala held steady due to persistent end-user and rental demand, in contrast to more speculative peripheral areas. Luxury demand from HNIs and NRIs has added a further layer of support, with that segment projecting 8 to 10 percent appreciation annually.
How does the Namma Metro Yellow Line improve Koramangala's connectivity?+
The Yellow Line runs 18.82 kilometres on an elevated alignment from RV Road to Bommasandra, with the Central Silk Board Metro Station placed approximately 1.5 kilometres from Koramangala's 7th and 8th Blocks. Once a resident reaches Silk Board station, the same journey to Electronic City — which currently takes 45 minutes to over an hour by road during peak hours — can be completed in 20 to 25 minutes by rail, entirely avoiding the Silk Board junction bottleneck. The line also provides interchange connections with the Green Line at RV Road and with the Blue Line at Silk Board, extending the effective metro reach of Koramangala residents across a large part of the city.
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