After over two decades at the forefront of Indian real estate, industry veteran Venkat K. Narayana launched his latest venture, KVN Properties, a firm poised to untangle one of real estate's most complex knots, land aggregation.
Narayana, former CEO of Prestige Group, is setting his sights on a new mission, unlocking the full potential of urban land. KVN Properties will work with leading developers nationwide to identify, consolidate, and deliver development-ready prime land parcels. The company has set a target of making 10 million sq ft available for development by FY26, strongly emphasising residential projects in major metro markets.
Venkat Narayana, Founder and Promoter of KVN Properties, said, "Land acquisition and aggregation continue to be major pain points for Indian developers, be it title risks, fragmented holdings, regulatory hurdles, or stressed assets under the NCLT."
"After spending over 20 years at the helm of a leading real estate group, I understand these challenges intimately. With KVN Properties, I aim to convert fragmented and underutilised land parcels into cohesive, development-ready tracts to support large-scale projects, beginning with residential," continued Narayana.
The company plans to build its portfolio through joint development agreements and joint ventures, starting with residential and expanding across asset classes. Positioned as an integrated land aggregation platform, KVN Properties will focus on high-demand cities like Bengaluru, Mumbai, Pune, and Chennai.
On the professional front, Narayana brings a rare blend of financial and legal expertise to the table. He is a qualified Chartered Accountant, Cost and Management Accountant, Company Secretary, and law graduate. At Prestige Group, he led strategy, expansion, and execution across multiple segments, helping shape the company into one of India's top real estate developers.
The timing of KVN's launch coincides with a recovering housing market. Following the Knight Frank report, residential sales in India's top eight cities reached 88,274 units in Q1 2025, a 2% year-on-year rise. Pune and Chennai led the charge with 20% and 10% growth, respectively, while Mumbai saw a 5% increase. New launches outpaced demand for the 10th straight quarter, with 96,309 new units entering the market, led by Bengaluru, which saw a 26% surge.
The KVN Properties aims to build a strong, institutional-grade land aggregation platform that simplifies acquisition and unlocks development potential across India's urban growth corridors.
