Mythreyi Developers

Mythreyi Promoters & Developers Pvt Ltd is a Bangalore-based residential developer (est. 1996) focused on quality, Vastu-compliant homes and desirable city locations. Led by Managing Director B.K. Rajendran with Director Ms. Vijayalakshmi Rajendran, the firm has delivered multiple ready-to-move projects across Koramangala, JP Nagar, Bannerghatta Road and more. Portfolio ranges from 1–3 BHK apartments to BMRDA-approved villa plots (Aether); employee base ~10–50.

Founded in 1996, Mythreyi has nearly three decades of presence in Bangalore residential real estate. Recent project milestones include Mythreyi Naimisha (launched Apr 2013, ready Nov 2015), possession for Mythreyi Sanyog beginning Aug 2016, several completed projects (Vithola, Ameyavana, Aikya) and a villa-plot community Aether with possession starting July 2025.

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Developer Projects

The company focuses exclusively on residential development — 1/2/3 BHK apartments and villa plots — positioned from mid-market to premium with Vastu compliance and lifestyle amenities (swimming pools, clubhouses, sports courts, landscaped gardens). Projects are city-centric (Koramangala, JP Nagar, Wilson Garden, Bannerghatta Road, Kalena Agrahara) and vary from compact apartment blocks to gated villa-plot communities.

Mythreyi NaimishaResidential Community

KoramangalaBangalore

Mythreyi SanyogResidential Community

WilsonBangalore

Mythreyi VitholaResidential Community

KalenaBannerghattaBangalore

Mythreyi AmeyavanaResidential Community

JPBangalore

Mythreyi AikyaResidential Community

JPBannerghattaBangalore

Mythreyi AetherResidential Community | Villa

NearBangalore

FAQ

Who are the owners ?

Managing Director: B.K. Rajendran
Director: Ms. Vijayalakshmi Rajendran (qualified psychologist)
Past / other directors noted: Vijayalakshmi Gurujalam, Saraswathi Kuppaswamy, Ganesh Dayalan

(Company listed management roles as Managing Director and Director; ownership is held within the private limited company structure.)

When was the company founded ?

Founded in 1996 — about 29 years of experience in Bangalore residential development (as of 2025).

Is this a public company ?

No. Mythreyi Promoters & Developers Pvt Ltd is a privately held company (not publicly traded). Notable financial notes:

Public holding recorded at 0.27% in 2023 (very small).
Holds ₹49.55 Cr in open charges and has ₹106.23 Cr of settled loans.
Projects have bank approvals/financing from major banks (HDFC, ICICI, SBI, Axis, Canara).

Which are the builder's popular projects ?

Mythreyi Naimisha (Koramangala): Residential apartments — 2 BHK (1152–1312 sqft) & 3 BHK (1482–1640 sqft); amenities include swimming pool, gym, landscaped garden; launched Apr 2013, ready Nov 2015.
Mythreyi Sanyog (Wilson Garden): 2 BHK (1137–1174 sqft) & 3 BHK (1748 sqft); amenities include pool, gym, jogging track; possession from Aug 2016.
Mythreyi Vithola (Kalena Agrahara, Bannerghatta Road): 2 & 3 BHK options (lake view, Vastu-compliant); completed and ready to move.
Mythreyi Ameyavana (JP Nagar Phase 9): Larger amenity-rich project (courts, pool, spa, landscaped gardens); project completed.
Mythreyi Aikya (JP Nagar, Bannerghatta Road): 1/2/3 BHK mix (521–1800 sqft) with community amenities; construction completed.
Mythreyi Aether (Near Nandi Hills): BMRDA-approved villa plots (900–3,300 sqft) in a gated community with clubhouse and infrastructure; possession from July 2025.

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