KVN Properties Secures Rs 1,000 Crore from Kotak Realty Fund for Expansion

KVN Properties, a Bengaluru-based real estate company, is set to raise Rs 1,000 crore from Kotak Realty Fund to expand its business and land footprint across India. This fundraise will enable the company to develop prime locations through joint ventures and development agreements.

Kvn PropertiesKotak Realty FundReal EstateFund RaisingProperty DevelopmentReal EstateAug 19, 2025

KVN Properties Secures Rs 1,000 Crore from Kotak Realty Fund for Expansion
Real Estate:New Delhi, Aug 19 (PTI) KVN Properties, a recently established real estate company based in Bengaluru, is planning to raise Rs 1,000 crore from Kotak Realty Fund to fuel its expansion. According to sources, the company is in advanced talks with Kotak Realty Fund to secure the growth capital through the issuance of debentures.

KVN Properties was founded by Venkat K Narayana, a former CEO of Prestige Estates Projects Ltd. The company has been making significant strides in the real estate sector, focusing on prime locations across India. The funds raised will be utilized to expand KVN Properties' land parcel footprint, enabling the development of prime locations through joint development agreements (JDA) and joint ventures (JV) with leading property developers.

The company aims to make land parcels with a development potential of 10 million square feet available for development by 2025-26. This strategic move is expected to significantly enhance KVN Properties' market presence and contribute to the growth of the real estate sector in India.

Recently, KVN Properties has finalized a joint venture with the Puravankara Group to develop a 24.59-acre land parcel in North Bengaluru. Additionally, the company has entered into a development management arrangement with Assetz Group to develop a 5.67-acre land parcel in the same region. These projects are projected to have a gross development value (GDV) of over Rs 4,300 crore, highlighting the company's ambitious growth plans.

KVN Properties has remained tight-lipped about the fundraise, declining to comment on the matter. However, the company's strategic partnerships and ambitious expansion plans indicate a strong focus on leveraging its expertise and resources to capitalize on the growing demand for prime real estate in India.

The real estate sector in India has been witnessing a resurgence, driven by favorable government policies, increasing urbanization, and a growing middle class. KVN Properties' strategic fundraise and expansion plans are well-aligned with these trends, positioning the company to play a significant role in the development of prime real estate projects across the country.

As the real estate market continues to evolve, companies like KVN Properties are poised to benefit from the increasing demand for high-quality, well-located properties. The company's strategic partnerships and ambitious growth plans are expected to drive its success and contribute to the overall development of the sector.

Frequently Asked Questions

What is KVN Properties planning to do with the Rs 1,000 crore raised from Kotak Realty Fund?

KVN Properties plans to use the Rs 1,000 crore to expand its land parcel footprint and develop prime locations across India through joint development agreements and joint ventures with leading property developers.

Who is behind KVN Properties?

KVN Properties was founded by Venkat K Narayana, a former CEO of Prestige Estates Projects Ltd, a well-known real estate company in India.

What are the key projects KVN Properties is involved in?

KVN Properties has finalized a joint venture with the Puravankara Group to develop a 24.59-acre land parcel in North Bengaluru and entered into a development management arrangement with Assetz Group for a 5.67-acre land parcel in the same region.

What is the projected gross development value (GDV) of KVN Properties' recent projects?

The recent projects of KVN Properties, including the joint venture with Puravankara Group and the development management arrangement with Assetz Group, are projected to have a gross development value (GDV) of over Rs 4,300 crore.

What is the target development potential of KVN Properties by 2025-26?

KVN Properties aims to make land parcels with a development potential of 10 million square feet available for development by 2025-26.

Related News Articles

Pharma Stocks on the Rise Again: Sun Pharma Poised for Fresh Highs
Real Estate

Pharma Stocks on the Rise Again: Sun Pharma Poised for Fresh Highs

Pharma sector sees a resurgence, Sun Pharma likely to reach new heights, Ruchit Jain shares his insights

July 26, 2024
Read Article
GST Notices on Leasehold Land Transfers Raise Real Estate Concerns
Real Estate Mumbai

GST Notices on Leasehold Land Transfers Raise Real Estate Concerns

New GST notices on leasehold land transfers are causing concerns in the real estate sector. The notices have been issued by the tax authorities, and they are seeking clarification on the tax implications of such transfers.

September 4, 2024
Read Article
Get Expert Insights: Live Stock Market Queries and Updates
real estate news

Get Expert Insights: Live Stock Market Queries and Updates

Get live updates on the stock market, ask experts your queries, and gain clarity on investments with our new show 'Daily Calls'

September 6, 2024
Read Article
Private Equity Investment in Indian Real Estate Surges by 93% - A Q3 2024 Snapshot
real estate news

Private Equity Investment in Indian Real Estate Surges by 93% - A Q3 2024 Snapshot

Private equity investments in Indian real estate saw a significant 93% growth in Q3 2024, surpassing the investment volumes of the previous year. According to Savills India, a leading real estate consulting firm, the industrial and logistics sectors led t

October 10, 2024
Read Article
Amitabh and Abhishek Bachchan Acquire Properties Worth ₹25 Crore in Mumbai’s Mulund West
real estate news

Amitabh and Abhishek Bachchan Acquire Properties Worth ₹25 Crore in Mumbai’s Mulund West

Legendary Bollywood actors Amitabh Bachchan and his son Abhishek Bachchan have purchased properties worth nearly ₹25 crore in Mumbai’s Mulund West, contributing to their substantial real estate investments in 2024.

October 24, 2024
Read Article
Konkan Board Likely to Extend MHADA Lottery 2024 Application Deadline
Real Estate Maharashtra

Konkan Board Likely to Extend MHADA Lottery 2024 Application Deadline

MHADA's affordable homes are located in Thane city and districts including Kalyan, Titwala, Palghar, Raigad, Ratnagiri, and Sindhudurg and include a range of amenities and features to cater to the needs of different families.

December 2, 2024
Read Article