Preeti Developers

Preeti Developers Private Limited is a South India–focused real estate developer (incorporated 2006) known for villas, apartments and plotted developments around Bangalore and Mysore. Led by a five‑member board with c.28–47 employees, the firm emphasizes design, sustainability (Elements 5 IGBC/LEED pre‑certification) and projects near airport/industrial corridors. Signature offerings include lake‑view and airport‑proximate villa communities (Preeti Iksa Ville, Preeti Aarna Ville) and the mixed‑use Elements 5 (E5).

Incorporated in July 2006, Preeti Developers has ~19–20 years of operating history and has launched multiple residential projects across Bangalore and Mysore since. Project activity ranges from early plotted developments to recent villa and apartment launches (e.g., Preeti Iksa Ville launched March 2022; Elements 5 Stage 1 completed).

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Developer Projects

Primarily a residential developer: villas, gated plotted layouts and apartment projects (including hybrid "villaments"). Projects target mid‑to‑premium markets with a focus on locations near Bangalore International Airport, Hebbal, Devanahalli and Mysore; amenities emphasize clubhouses, pools, sports courts and landscaped open spaces.

Preeti Iksa VilleResidential Community | Villa

ChikkajalaNorth

Preeti Elements 5 (E5)Residential Community | Apartment

JakkurNorth

Preeti Aarna VilleResidential Community | Villa

ByanahalliChikkajalaNorth

Preeti ProximityResidential Community | Apartment

Sampagihalli/AgraharaBangalore

Green ValleyResidential Community | Plot

ShyadanahalliMysore

Green SpringsResidential Community | Plot

KRSMysore

Preeti Royal EstatesResidential Community | Plot

PalasamudramBangalore

Mulberry MeadowsResidential Community | Villa

DevanahalliBangalore

FAQ

Who are the owners ?

Aruna Nandyala — Additional Director (joined 14 May 2018)
Rama Rangeswar Reddy Molkala — Director (DIN 02542495; on board since 21 May 2014)
Satya Rashmi Nandyala — Director (joined 05 March 2019)
Surya Kanthi Dwibashyam — Director (DIN 06715045; on board since 21 May 2014)
Subramanya Vivekananda Kuchibhotla — Director (appointed 15 March 2023)

Note: The company is a private entity; no separate CEO name is listed in the provided data. The firm employs roughly 28–47 professionals across sales, marketing, project management and administration.

When was the company founded ?

Incorporated on 27 July 2006 — approximately 19.5 years of existence as of 2026.

Is this a public company ?

No. Preeti Developers Private Limited is a private, unlisted Indian non‑government company.
Financial snapshot (publicly available): authorized share capital ₹1,00,00,000 and paid‑up capital ₹50,00,000; FY2020 revenue reported broadly in the INR 1–100 crore band with a large EBITDA decline that year; estimated revenue reported by business platforms ≈ $6M (2024).
The company files statutory returns (last AGM 30 Sep 2023; last balance sheet filed 31 Mar 2023) but there are no widely published CRISIL/ICRA ratings in the provided data.

Which are the builder's popular projects ?

Preeti Iksa Ville (Chikkajala, North Bangalore) — Lake‑view villas; 3 BHK (≈2,407–2,412 sq ft) and 4 BHK (≈3,900 sq ft); clubhouse, pool, gym, sports courts; launched Mar 2022, possession Dec 2025.
Preeti Elements 5 (E5) (Jakkur, North Bangalore near Hebbal) — Apartments and private garden villas; 2/3 BHK; One‑acre central park, pool, amphitheatre, indoor games; Stage 1 completed with OC received, Stage 2 (villas & amenities) ongoing; IGBC/LEED credentials noted.
Preeti Aarna Ville (Byanahalli, Chikkajala) — 4 BHK (≈2,600 sq ft) villas with pool, sports courts, gym; target/RERA possession Aug 2028.
Preeti Proximity (Sampagihalli/Agrahara Badavane) — Apartments: 1.5/2/3 BHK options; basic premium finishes and common amenities; ready by June 2021.
Mulberry Meadows (Devanahalli) — BIAAPA approved premium villa layouts; ready to move.
Preeti Royal Estates (Palasamudram near KIA Motors) — MUDA/plot and rental‑assured villa offerings; positioned for investment near industrial clusters.

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