Former Prestige Group CEO Venkat K Narayana Launches KVN Properties to Revolutionize Real Estate

Venkat K Narayana, former CEO of Prestige Group, has launched KVN Properties. The new venture will focus on land aggregation and joint real estate developments. Backed institutionally, KVN Properties targets 10 million square feet of development by 2025-26, addressing land acquisition challenges and easing regulatory hurdles.

Venkat K Narayana, the former CEO of Prestige Group, has announced the establishment of his new venture, KVN Properties.

This forward-thinking firm will specialize in land aggregation and joint development projects, aiming to streamline processes for major real estate players across India. With deep roots in the property sector, KVN Properties plans to make a significant impact by making 10 million square feet of development-ready land available by 2025-26.

Narayana, a seasoned professional, explained that overcoming land acquisition and aggregation challenges is pivotal. The firm will work past obstacles such as regulatory approvals and financial hurdles, transforming fragmented land into cohesive plots for real estate projects, starting with residential development.

(With inputs from agencies.)