MyHome Group Expands to Mumbai, Bengaluru, and Chennai with ₹4,100 Crore Investment

MyHome Group has officially expanded beyond its home market of Hyderabad, marking a major milestone in the company's growth trajectory. The South India-based real estate developer has entered three key metropolitan markets - Mumbai, Bengaluru, and Chennai - with a committed capital investment of approximately ₹4,100 crore.

The Group's multi-city expansion encompasses newly acquired and partnered projects that collectively offer substantial development potential across India's prime real estate markets. This strategic move represents MyHome's ambition to establish a pan-India presence while maintaining its core values of quality, scale, and long-term value creation.

Total investment in this expansion stands at ₹4,100 crore, with a development potential of 46.6 million square feet and a Gross Development Value (GDV) of ₹37,500 crore. The target markets of Mumbai, Bengaluru, and Chennai are known for their dynamic real estate sectors, offering ample opportunities for growth and development.

MyHome Group has a legacy spanning over four decades, during which it has established itself as a market leader across multiple sectors, including real estate development, construction, cement, power, and education in Hyderabad. The company's execution capabilities are demonstrated through its substantial project portfolio, which includes over 80 million square feet of delivered construction, 40 million square feet under construction, and 50 million square feet in the planning pipeline.

Mr. Abhishek Kapoor, CEO of MyHome Group, emphasized the rapid pace of this expansion achievement. 'We have achieved this scale and diversification in a very short span of time under the able leadership of second-generation entrepreneurs Mr. Ramu Rao Jupally and Mr. Shyam Rao Jupally, guided by the visionary leadership of our Chairman, Mr. Rameswar Rao Jupally,' he stated. Kapoor described the expansion as 'a natural progression of our long-term strategy to build high-quality, large-scale developments across India's most important real estate markets.'

The entry into Mumbai, Bengaluru, and Chennai represents the beginning of MyHome Group's next growth phase. The company seeks to replicate its Hyderabad success story across India's leading urban centers, positioning itself to capitalize on opportunities in these dynamic real estate markets while leveraging its established expertise in large-scale development projects.