MyHome Group invests ₹4,100 crore in new projects in Mumbai, Bengaluru and Chennai.

Hyderabad-based MyHome Group , a diversified conglomerate best known for its real estate development and construction businesses, has taken a landmark step in its growth strategy by expanding beyond its traditional home turf into India’s major real estate hubs, Mumbai , Bengaluru and Chennai . The group has committed around ₹4,100 crore to these markets, marking a strategic shift from regional dominance to a pan-India presence. The newly acquired and partnered projects across these three cities offer a combined development potential of about 46.6 million sq. ft. , with a cumulative Gross Development Value (GDV) of nearly ₹37,500 crore . This move reflects MyHome’s ambition to replicate its Hyderabad success story in India’s top metropolitan markets, while continuing to focus on quality, scale and long-term value creation.

MyHome’s first entry outside Hyderabad comes through joint development agreements (JDAs) in Mumbai , where the company has tied up projects in Vile Parle and Chembur . Mumbai’s real estate market is largely redevelopment-driven, and MyHome’s strategy is aligned with this reality, choosing JDAs over outright land purchases. The Mumbai projects together offer approximately 2.8 million sq. ft. of free-sale carpet area, with an estimated GDV of around ₹11,500 crore . These developments are expected to cater to premium and luxury residential demand, with selective retail and commercial components. Project planning is underway, and phased launches are expected over 2026-27 as statutory approvals fall into place.

In Bengaluru , MyHome has secured two large land parcels totaling 76 acres in East Bengaluru , a fast-growing corridor that has attracted strong residential and commercial demand. Here, the group’s strategy is a mix of direct land acquisition and partnerships, allowing it to balance capital deployment and risk while securing large-scale development potential. The Bengaluru portfolio offers around 15 million sq. ft. of saleable area and an estimated GDV of roughly ₹23,000 crore . The company is targeting its first launch in the next financial year ( 2026-27 ), with project execution timelines aligned to infrastructure progress and regulatory approvals.

In Chennai , MyHome has entered the Siruseri micro-market through a joint development model, partnering with landowners to build a large-scale project. Siruseri has emerged as a strong growth node due to its proximity to IT and SEZ hubs, and improved connectivity. The Chennai project has a development potential of about 4

million sq. ft. and an estimated GDV of around ₹3,000 crore . The company expects formal rollout and marketing to begin in 2026 , subject to statutory and RERA approvals.

Overall, the ₹4,100 crore capital commitment is structured to reflect the different dynamics of each market. While Bengaluru’s expansion involves a higher proportion of direct land acquisition, Mumbai and Chennai projects are largely JDA-based , reflecting the reality of land availability and cost in these cities. The company’s leadership believes this calibrated mix will support sustainable growth as it builds a pan-India portfolio. With Hyderabad remaining its base, MyHome aims to make Mumbai, Bengaluru and Chennai significant contributors to its overall business over the next few years. If the group can successfully replicate its Hyderabad execution standards in these new markets, it could emerge as one of India’s leading pan-India real estate developers in the near future.