The firm is targeting a new phase of growth with a ₹37,500 crore Gross Development Value (GDV) pipeline across new markets and a cumulative development potential of about 46.6 million sq ft.
Mumbai marks MyHome’s first step outside its home market. The group secured two joint development projects in the western and central suburbs—Vile Parle and Chembur—together offering an estimated development potential of about 2.8 million sq ft of free-sale carpet area.
Envisioned as predominantly residential, mixed-use projects with selective retail and commercial components, the Mumbai portfolio is expected to deliver a GDV of around ₹11,500 crore, accounting for nearly 30% of the group’s total pipeline. The projects will largely be positioned in the premium to luxury and ultra-luxury segments, aligning with Mumbai’s redevelopment-led market dynamics.
“This expansion is a natural progression of our long-term strategy to build high-quality, large-scale developments across India’s most important real estate markets. By building a ₹37,500 crore pipeline across Mumbai, Bengaluru and Chennai, we are transitioning from a city-led growth model to a diversified, pan-India development platform,”said Ramu Rao Jupally, executive vice chairman My Home Constructions.
Following Mumbai, MyHome has built a significant land and development pipeline in Bengaluru. The group has acquired two large land parcels totalling 76 acres in East Bengaluru, one of the city’s fastest-growing residential and commercial corridors. With an estimated development potential of nearly 15 million sq ft of saleable area, the projects are planned as large mixed-use developments spanning residential, commercial and retail uses, with a combined GDV of approximately ₹23,000 crore. The first Bengaluru launch is expected in the next financial year. In Chennai, MyHome has entered the Siruseri micro-market through a 4 million sq ft joint development project with an estimated GDV of ₹3,000 crore.
“Our focus is on strengthening governance, delivery capabilities and balance-sheet resilience so that any future capital raise—private or public—supports sustainable, institutionally aligned growth,” said Shyam Rao Jupally, MD My Home Constructions.Across markets, the developer is adopting a calibrated land acquisition and partnership strategy. Of the ₹4,100 crore committed capital, roughly two-thirds is being deployed under MyHome’s direct development control, while the balance is structured through partnerships and joint development agreements. While Mumbai is primarily JDA-led given its redevelopment-driven landscape, Bengaluru follows a mix of outright land acquisitions and JDAs, reflecting differences in land availability, risk profiles and capital deployment.
With a cumulative development potential of about 46.6 million sq ft across new markets, the group has indicated that while capital remains central to the business, all options—including an IPO or a platform-level fund raise—will be evaluated over time, based on merit and prevailing market conditions.
Separately, Abhishek Kapoor, CEO, MyHome Constructions, said the expansion into Mumbai, Bengaluru and Chennai is expected to significantly rebalance the Group’s presales mix. “While Hyderabad will continue to be our base, non-Hyderabad markets are expected to contribute 40–50% of our presales over the next five years, strengthening MyHome’s evolution into a truly pan-India real estate platform,” he said.
With its multi-city pipeline taking shape, and funding options firmly on the table, MyHome Group is positioning itself for its next leg of institutional-scale growth across India’s most competitive property markets.
