Kanodia Group is a leading Indian conglomerate with diversified business, bringing 30 years of its legacy of a strong foothold in cement, hygiene, and building solutions. In 2024, the Group expanded into India’s real estate sector with Kreeva, a luxury platform designed to redefine urban living through cutting-edge architecture and sophistication. This blog explores how Kreeva embodies the Kanodia Group’s core values while carving a distinct identity in India’s luxury real estate market.
Foothold in cement and Personal Hygiene Products
Kanodia Group has a dominant presence in the cement industry, expertizing in producing premier quality cement products. Their latest products include BIGCEM PREMIUM PLUS and CONCRETE GOLD Cement, recognized both for their strength and durability.
In addition to its cement industry focus, Kanodia Group has expanded by entering the personal hygiene sector. This strategic move is consistent with the group’s aim of diversification into essential consumer goods and demonstrates its dedication to meeting a wide range of market requirements.
The Kanodia Legacy: A Foundation for Kreeva’s Success
Kanodia Group has stepped into the luxury real estate industry bringing its three decades of experience from the cement manufacturing giant and multiple other industries. Founded by Dr. Gautam Kanodia, this conglomerate has built its reputation by providing quality and innovation, for its array of brands in products.
The Group’s move into real estate isn’t just about business growth—it reflects a strategic vision to reshape living spaces. Their projects honor this philosophy, prioritizing sustainability and innovation and focusing on residents’ needs.
Redefining Urban Lifestyles
It goes beyond constructing buildings—it curates experiences. Targeting affluent buyers in Delhi-NCR and other hubs, its projects promise homes that combine sleek design with eco-conscious technology, setting a new benchmark for modern living.
Guided by Expertise
CEO Mayank Jain, with his background in finance and real estate, ensures it’s developments balance market savvy with architectural brilliance. “We’re creating environments that reflect the aspirations of tomorrow’s homeowners,” he notes. Dr. Kanodia’s leadership further bridges tradition and innovation, keeping projects rooted in Indian sensibilities while embracing global trends.
Growth Strategy and Key Projects
Delhi-NCR: A Strategic Start
Its first major project in Gurugram’s Sector-46—a ₹153 crore, a 1.74-acre site near key infrastructure—highlights its focus on prime locations. Developed with Shapoorji Pallonji, this venture aims for ₹1,200 crore in revenue by blending urban convenience with tranquil living.
Ambitious Expansion Plans
Their roadmap includes launching three luxury developments in Delhi-NCR by late 2025 targeting ₹6,000 crore in revenue. Their intention of entering high-demand zones like Golf Course Road and South Delhi, strategic visions highlights its position as one of the top real estate developers in India.
Collaborating for Excellence
Strategic partnerships drive its success. Teaming up with Meridian Assets Partners (MAP) ensures financial transparency, while collaborations with construction leaders like Shapoorji Pallonji guarantee technical precision. These alliances underscore It’s commitment to quality at every stage.
Standing Out in a Competitive Market
Kanodia Group is making significant strides within the competitive property development sector through its premium brand KREEVA. By focusing on innovative architecture, sophisticated designs, and prime locations, they redefine urban living experiences for customers seeking luxury spaces to call home. The group distinguishes itself from traditional developers by prioritizing elegance and exclusivity in their projects while catering specifically to discerning buyers who value premium residential options that offer top-notch construction quality.
Leadership, Partnerships, and a Bold Vision
Kanodia Group under the guidance of Vishal Kanodia as Chairman and MD has ventured into high-end property development with KREEVA being their ultra-luxury brand for realty projects expansion. Saurabh Lohia, RN Maloo, Satish Kumar Sharma, and Alok Gaur are instrumental in driving strategic growth operations within the company structure.
Mayank Jain as CEO of KREEVA aims to generate ₹6000 crore revenue from three NCR projects over a period ranging between 12-18 months post-initiation, targeting prime land acquisition specifically around Delhi – National Capital Region (NCR).
Guided by Expertise
CEO Mayank Jain, with his background in finance and real estate, ensures their developments balance market savvy with architectural brilliance. Dr. Kanodia’s leadership further bridges tradition and innovation, keeping projects rooted in Indian sensibilities while embracing global trends.
Collaborating for Excellence
Strategic partnerships drive its success. Teaming up with Meridian Assets Partners (MAP) ensures financial transparency, while collaborations with construction leaders like Shapoorji Pallonji guarantee technical precision.
Awards and Recognitions
Kanodia Group’s excellent commitment and reputation have garnered it Awards and recognition. In 2021, the company received the National Award for Excellence in Manufacturing in the Cement Industry, followed by The Family Entrepreneur of the Year in 2023 honoring Vishal Kanodia for his strategic vision and leadership.
In 2024, The Group was recognized at the Times Business Award 2024 for its remarkable achievements in the industry; this award reflects Kanodia Group’s dedication to quality, innovation, and industry leadership.
Conclusion: Elevating Luxury to an Art Form
While competition from giants like DLF and regulatory complexities pose hurdles, it’s diversified backing and strategic partnerships equip it to thrive. Long-term plans include expanding to Mumbai and Bengaluru, creating mixed-use complexes, and collaborating with global design firms to push creative boundaries.
The Kanodia Group has more than a real estate venture—it’s a statement. By merging decades of expertise with bold innovation, the brand is poised to transform India’s skyline.