The Revolutionaries In Real Estate
In the year 1998, Mahaveer group was set up in Bangalore as a flagship initiative of Reddy Structures Private Limited.
Mahaveer group quickly became a prime real estate company by developing the southern states of India. Today, it’s one of India’s premier companies to be certified under ISO 9001:2015 along with a series of well-noted projects under its brand.
Over the past 22 years, we have strived to create trust through our work. This commitment to our craft and our customers helps us provide personalised, clear and considered advice on all areas of property in every key market.





Business Milestones
2018
2018
2018
The Forerunners

Praveen Kumbala
Managing DirectorMahaveer Group was founded and incorporated in 1998 by the group’s current Managing Director Mr. Praveen Kumbala, as a flagship initiative of Reddy Structures Pvt. Ltd. It was a sole entrepreneurial venture initially and was gradually raised to a well-established company status with a current net worth of Rs 10 billion, a built-up area of 10 million sq. ft. and an excellent track record of 115 completed projects. Mr. Praveen’s excellent foresight, ingenious business strategies and efficiency is the sole reason behind his great success. Admired by many for his aesthetic business strategies, Mr. Praveen finds glory in being humble and grounded to his cause.
Our MD's views
LOOKING INTO THE FUTURE OF REAL ESTATE
Mr. Praveen Kumbala, Managing Director Mahaveer Group shares his views on the real estate market in a post pandemic world.
The real estate market has seen a dramatic transformation post the pandemic. The lockdown and the subsequent months where the market saw a complete change made people realise the importance of living in a home and owning one. Stability and safety suddenly became a top priority. This is the reason why many have begun enquiring about properties. Now, with the bank rates lowering, it seems like all the projects are back on track.
All our projects are exclusive and one-of-its-kind. For example, we have projects from 30L budget within 10km from city that offer all amenities including play areas, jogging track, gardens, pools, and more. Our hallmark is that we believe in honest practices and transparency, which we have been following for over 2 decades.
Most of our affordable housing projects are within the city and not on the outskirts. With innovative methods, technology and planning, we could provide affordable houses. What’s more, we are offering best-in-class amenities to lure customers who are looking at value for money.
Steel and cement are major components of the Housing Industry and the rise in prices always comes as a surprise. It affects the budget & costing as the industry has started gaining momentum. The rise of cement and steel prices will affect a project as it hinders the seamless execution we follow during the development of any project.
While we are still operating in the 30L to 1Cr segment, we have tried to innovate but by strictly keeping the budget in mind, since it is a challenge after the market went into a lockdown. We have introduced guest rooms and have also started offering convertible /flexi apartments to ensure that the buyer does not have to spend on extra rooms. This is our way of giving back to the people during these times who have always supported us. Has the sale of properties picked up with the bank interest rates having been lowered? Yes, there’s been a positive change in bookings. While there is still scope for the number of bookings to increase, it has definitely been a good comeback. Thankfully, the bank interest rates have lowered down, and in parallel, we have started offering benefits and offers that has worked well for customers.
How is the real estate market faring post-Covid? Has it affected the implementation of any of your projects?
The real estate market has seen a dramatic transformation post the pandemic. The lockdown and the subsequent months where the market saw a complete change made people realise the importance of living in a home and owning one. Stability and safety suddenly became a top priority. This is the reason why many have begun enquiring about properties. Now, with the bank rates lowering, it seems like all the projects are back on track.
What are the special features of projects being undertaken by your company? What is your hallmark?
All our projects are exclusive and one-of-its-kind. For example, we have projects from 30L budget within 10km from city that offer all amenities including play areas, jogging track, gardens, pools, and more. Our hallmark is that we believe in honest practices and transparency, which we have been following for over 2 decades.
For the affordable housing segment, being promoted by the government too, what are the facilities being provided as many of these projects are generally far from the city/ industrial hubs?
Most of our affordable housing projects are within the city and not on the outskirts. With innovative methods, technology and planning, we could provide affordable houses. What’s more, we are offering best-in-class amenities to lure customers who are looking at value for money.
With the prices of steel and cement on the rise, what impact do you foresee?
Steel and cement are major components of the Housing Industry and the rise in prices always comes as a surprise. It affects the budget & costing as the industry has started gaining momentum. The rise of cement and steel prices will affect a project as it hinders the seamless execution we follow during the development of any project.
Which is the real estate segment your group is focusing on given the continuing practice of work from home?
While we are still operating in the 30L to 1Cr segment, we have tried to innovate but by strictly keeping the budget in mind, since it is a challenge after the market went into a lockdown. We have introduced guest rooms and have also started offering convertible /flexi apartments to ensure that the buyer does not have to spend on extra rooms. This is our way of giving back to the people during these times who have always supported us. Has the sale of properties picked up with the bank interest rates having been lowered? Yes, there’s been a positive change in bookings. While there is still scope for the number of bookings to increase, it has definitely been a good comeback. Thankfully, the bank interest rates have lowered down, and in parallel, we have started offering benefits and offers that has worked well for customers.
Preamble
Envisioning a difference
Architectural Brilliance with Reliability
Vision
To provide premium housing for our clients at par with international standards. To provide a luxurious lifestyle while also being affordable. Mahaveer is one of India’s major infrastructure companies, fueling the economy’s growth and empowering the nation.
Our Commitments
WE AT MAHAVEER GROUP CONSTANTLY STRIVE ON DELIVERING "FINEST HOMES & HONEST PRACTICES" BY CONTINUOUSLY FOCUSING ON




Awards & Recognition

REALTY INDIA AWARDS 2018 - DUBAI

TIMES BUSINESS AWARDS 2018

COMMON FLOOR AWARDS 2018-2019

Lifetime Project of the Year 2008-2009
