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K. Raheja Corp. was established in the year 1956 as a real estate developer and from thereon it has transformed into a business conglomerate with business interests in Retail, Hospitality, SEZs and IT parks segments. But, while diversifying it did not forget to strengthen its core business vertical i.e. the residential and office-space business.
Residential Projects
The corporation has created some illustrious residential complexes like the Raheja Vihar which is the recipient of ‘The Clean and Green Mumbai’ Mayor’s Cup, Mindspace which is the most advanced and swanky business cum residential community. The K.Raheja Corp. now plans to develop the Mahalaxmi area of Mumbai to create a pleasant urbane lifestyle with hotel like ambience and well-equipped facilities.
Work Space Concepts
The K. Raheja Corp. has recreated and redefined the way Indians people work. With ventures like Mindspace, Synergy and Commerzone it has created futuristic work environments that are motivating, foster ideas and productivity, and relaxing.
Customization
Realizing the fact that companies require spaces for designing and amenities that match their specific needs like broadband connectivity, green spaces, recreation and security Raheja’s came up with ‘customized spaces’. This thoughtfulness has made them the first choice for back office processing, banking and software development companies.
SEZs
In their pursuit to position India at par with the rest of the developed economies of the world, the K. Raheja Corp. has forayed into developing Special Economic Zones. They plan to develop three IT\ITES SEZs one in Hyderabad and two in Navi Mumbai.
Retail Industry
The group pioneered the concept of organized retailing in India with the creation of Shopper’s Stop. It also revolutionized the concept of book retaining with Crossword, India’s premier book retailer.
It has now come up with HyperCITY, India’s first hypermarket. It will be spread over an area of 1.2 lakh sq ft and will source products from local and international markets including fresh produce, food & grocery, home ware, home entertainment, hi-tech, appliances, furniture, sports, toys, & clothing, accessories and footwear.
Hospitality
In the pursuit to meet the business and leisure needs of Indian and foreign travellers, the group has channelled its expertise in the hotel segment. It has created The Resort, Renaissance Mumbai Hotel and Convention Centre, Lakeside Chalet and JW Marriott in Mumbai.
IT Park
K. Raheja Corp. has collaborated with APIIC to develop an IT Park in Cyberabad, Hyderabad .
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