Where the Future Begins

Revolutionizing the concept of business districts, K Raheja Corp has a commercial portfolio with fully integrated Grade A business parks and high-quality independent office assets. The commercial business has developed over 54 mn. sq. ft. of grade-A office spaces across key metro cities of India.

In August 2020, a part of the commercial portfolio was carved into a listed entity, Mindspace Business Parks REIT on the Indian bourses. The REIT owns a quality office portfolio located in four key office markets of India – Mumbai Region, Hyderabad, Pune, and Chennai. It has a total leasable area of 33.1 mn. sq. ft., with community-based ecosystems that are branded - Mindspace Business Parks, Commerzone and The Square. The portfolio comprises 26.2 mn. sq. ft. of completed area, 4.4 mn. sq. ft. of area under construction and 2.5 mn. sq. ft. of future development area. With best-in-class infrastructure, and amenitized campuses, the commercial offerings stand today as a partner of choice for 210+ domestic and foreign multinationals. Mindspace REIT is also India’s first real estate entity, to commit to both EV 100 and RE 100 initiatives of the Climate Group.

K Raheja Corp Homes has honed the expertise and proficiency to deliver self-contained residential spaces over the last 4 decades. The business has a portfolio spread across 5 cities of India, with iconic projects Raheja Vivarea and Raheja Artesia in Mumbai and Raheja Viva – Pune, Raheja Reserve – Pune, Raheja Vistas – Hyderabad and Pune, to name a few.

With around 10 mn. sq. ft. of high-quality residential area developed across 30+ projects; homes have been created for 8500+ families thus far. The business has a reputation for delivering uncompromising quality in construction, innovation in design, transparent communication, and timely handover, each of which are key traits for a home seeker. From open expanses to manicured greens and world class amenities, sustainability and technology are thoughtfully integrated into each project creating wholesome living experiences for every member of the family.

The K Raheja Corp owns/co-owns 12 hospitality offerings in India with a comprehensive portfolio of 3500+ keys

Within this portfolio, Chalet Hotels Limited oversees an asset portfolio comprising 10 hotels, totaling 3,052 keys. Part of the group, Chalet Hotels Limited is an owner, developer, asset manager and operator of high-end hotels and resorts in India, comprising of 10 operating hotels & resorts with 3,052 keys across globally recognized hospitality brands.

Furthermore, the company is currently developing an additional 870 rooms. Chalet is augmenting its commercial real estate portfolio from the current size 1.2 million square feet to 3.2 million square feet. 

Chalet Hotels’ enhanced sustainability performance is reflected in the latest Dow Jones Sustainability Index with an overall score of 57 (CSA Score Date: 16/02/2024). It is also the first hospitality company across the globe to join all the three key Climate Group initiatives - RE100, EP100 and EV100, demonstrating its commitment to Environment, Social and Governance goals.

The Company’s portfolio across mainstream and luxury segments, and commercial spaces includes, JW Marriott Mumbai Sahar | The Westin Mumbai Powai Lake | Lakeside Chalet Marriott Executive Apartments | Four Points by Sheraton Navi Mumbai | The Westin Hyderabad Mindspace | The Westin Hyderabad HITEC City | Bengaluru Marriott Hotel Whitefield | Novotel Pune Nagar Road | The Dukes Retreat | Courtyard By Marriott Aravali Resort, National Capital Region.

Inorbit Mall was initiated with the objective of not just creating physical structures but also influencing lifestyles. Pioneering the mall culture in India, the Company launched its first mall in Malad, Mumbai in 2004, growing to a strategically located 4-mall network over the years, with an average footfall of around 38mn annually. It has a gross leasing space of 2.2+ mn. sq. ft. and houses over 500 brands. Inorbit Mall combines the knowledge of the Indian consumer and a changing Indian market scenario in locating, designing, planning, and managing retail environments. The malls have set benchmarks in Indian retail as a premium one-stop destination for fashion, food, and entertainment, across its portfolio spread across Mumbai, Navi Mumbai, Hyderabad, and Vadodara.

Having repeated its success across locations, it has a new mall underway in Vizag, Andhra Pradesh, that will add 1.2 mn. sq. ft. of gross leasable area to its existing portfolio.

Pioneers of the organized retail sector, K Raheja Corp’s third listed entity is Shoppers Stop Ltd. It is the nation’s premier retailer of fashion and beauty brands established in 1991 and listed on the Indian stock exchanges in the year 2005. The Company has 230+ retail outlets across India, housing 800+ brands, with presence across 59 cities and 4.1 mn. sq. ft. of total retail space across the country.

Shoppers Stop stores have an unparalleled assortment of leading international and national brands in clothing for men, women, and kids, accessories, fragrances, cosmetics, footwear, home furnishing and decor products. The stores aim to provide shoppers a truly international shopping destination.

Recognizing the need for resilient and cost-effective solutions for clients operating within Commercial Business Parks, K Raheja Corp stands as the exclusive private sector power distribution company for IT Special Economic Zones in India.

As torchbearers of sustainability initiatives in real estate, K Raheja Corp is the founding member and one of the first signatories to the memorandum of understanding with the CII-Green Building Council to construct green buildings in India back in 2007 and has remained committed ever since. The group has integrated aspects of ESG across the value chain ranging initiatives like protecting the environment, uplifting communities, and demonstrating rightful business conduct. Several entities also work closely with the Climate Group on global sustainability initiatives across EV100, EP100 and RE100.

The group has been recognized with prestigious awards and recognitions for contribution to green building footprint in India, some of which include - The GreenCo Conference in 2013 by late Dr. A.P.J Kalam; The Green Apple – Environmental Best Practice Awards, UK' and British Safety Council’s Sword of Honor for several of its Business Parks. K Raheja Corp’s projects have also been showcased in the ‘C40 Cities’, Climate Leadership Group of the Clinton Climate initiative. 

Backed by the belief that ‘people are a company’s greatest asset and competitive advantage’, the group leads the way with people policies, benchmarked to global standards.K Raheja Corp has been integrating diversity and inclusion strategies across business processes such as recruitment, performance management, leadership assessment, etc. With policies for young mothers like the ‘Aanchal Policy’ and the inclusive diversity policy that prohibits discrimination based on sexual orientation and gender identity titled ‘Pride Side’, leadership programs like ‘Shikhar’ and ‘SheRoes’, the Company has always been ahead of the curve. The group has been recognized and awarded across credible industry forums including Dream Companies to Work for Awards, Asian HR Leadership Awards, Best Employer Brand Awards, and is amongst India’s 100 Best Companies to Work for (2021) and India’s Best Workspaces in Real Estate (2021), accredited by Great Place to Work® Institute.

K Raheja Corp’s philanthropic initiatives tie back to education, healthcare, skilling & training, and community development, through various outreach programs.With the upsurge in the Indian real estate sector, K Raheja Corp is one of the leading proponents, offering integrated developments across the realty spectrum, that are today a fundamental for holistic lifestyles.