Shyama Raju & Company India Pvt. Ltd., the holding company of DivyaSree Developers started operations over three decades ago primarily as a construction company. Over this period of time the company has undertaken a multitude of infrastructure projects on behalf of government agencies in the city of Bangalore and other parts of Karnataka.
With the boom of the IT industry, the company through its flagship DivyaSree forayed into real estate development in 1997 and is today rated among the top office space solution providers in South India.
Over the last fifteen years DivyaSree has developed more than 7.5 million square feet of world-class office buildings in Bangalore, Hyderabad and Chennai, the golden triangle for IT Industry in South India. We have created a strong brand equity with our clients which include leading IT and BPO corporations such as Cisco, Dell, Oracle, Sun Microsystems, Google, Accenture, IBM, Wells Fargo, Logica, Tesco, Thomson Reuters, Cognizant, Deloitte, Xerox, UBS amongst others.
Our SEZ’s in Bangalore and Hyderabad launched during the advent of the SEZ regime, has been well accepted by our clients above and today over 30,000 people work out of these facilities. We continue to develop over 3 million sft in these SEZ’s which will cater to the growing IT sector.
In the year 2006, we forayed into the burgeoning residential sector with the launch of Elan, a high-end 375 unit complex in a popular suburb of Bangalore. Today, we have over 3 million sft of residential developments panning a wide spectrum including high end villas, town houses, apartments and plotted development in Bangalore, Hyderabad and Chennai. Eventually these large gated communities and townships will house over 10,000 families.
Though we have grown substantially over the past five years, we have maintained our commitment towards superior client service and adherence to stringent fund management and hence have been focused on the south Indian markets of Bangalore, Hyderabad and Chennai. Over the next five years, we will develop 8 million sft of commercial, residential and retail spaces in South India. Our diversification into the hospitality and education sectors will see further investment and growth over the next few years.