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Real Estate Developer > Vaishnavi Group

Vaishnavi Group

Vaishnavi Group is a Bangalore-based real estate developer (founded 1998) that has delivered over 18 million sq.ft. across 40+ projects, focused on residential, commercial and mixed‑use developments. Led by founder C. N. Govindaraju (Chairman & MD) with Executive Directors Darshan and Kishan Govindaraju, the group emphasizes premium amenities, vaastu-compliant design and sustainability. Signature projects span luxury apartments, large township-style developments and Grade‑A office space concentrated across South, North and Central Bangalore.

Founded in 1998, Vaishnavi Group has built a track record of steady project delivery — more than 40 projects and ~18 million sq.ft. to date. Project activity ranges from completed JP Nagar and Ashwath Nagar residential schemes to mid- and large‑scale launches (e.g., Gardenia launched 2014, AT‑One Krishna Brindavan launching Oct 2025 and other upcoming projects).

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Developer Projects

The portfolio covers residential apartments (1–4 BHK), premium/luxury formats (AT‑One series, Terraces, Oasis), large township-scale offerings (e.g., Serene) and Grade‑A commercial/workplace developments (Icon, Tech Square). Projects emphasize amenities, greenery, vaastu and sustainability (LEED/IGBC focus), largely within Bangalore (North, South, Central).

Vaishnavi AT-One Krishna BrindavanBanashankari, South Bangalore

Residential CommunityApartment

Vaishnavi GardeniaTumkur Road, North Bangalore

Residential CommunityApartment

Vaishnavi OasisJP Nagar, South Bangalore

Residential CommunityApartment

Vaishnavi TerracesJP Nagar, South Bangalore

Residential CommunityApartment

Vaishnavi SplendourAshwath Nagar, North Bangalore

Residential CommunityApartment

Vaishnavi SereneYelahanka, North Bangalore

Residential CommunityApartment

Vaishnavi AT-One PremiereSt. John's Road, Central Bangalore

Residential CommunityApartment

Vaishnavi RhapsodyFrazer Town, Bangalore

Residential CommunityPlot

Vaishnavi MeridianBangalore

Commercial

Vaishnavi Union29Bangalore

Commercial

FAQ

Who are the owners ?

C. N. Govindaraju — Founder, Chairman & Managing Director
Darshan Govindaraju — Executive Director (oversees commercial portfolio, residential sales & marketing)
Kishan Govindaraju — Executive Director (focus on technology inclusion and sustainability)

Note: The business is family‑run with the above senior management listed as the principal leadership/owners.

When was the company founded ?

Founded in 1998.
Total experience: ~27 years of operation (1998–2025).

Is this a public company ?

No — Vaishnavi Group operates as a privately held developer.

Key financial highlights:

FY25 revenue: ~~Rs. 64.61 crore (~~$27.8M), up 97% vs FY24.
Total debt: Rs. 51.37 crore; tangible net worth: Rs. 17.14 crore.
Credit rating: IVR BB-/Stable.
Past SFIO investigation (2011) was compounded; no current major financial disputes reported.

Which are the builder's popular projects ?

Vaishnavi AT-One Krishna Brindavan (Banashankari, South Bangalore)
- Residential apartments (3 & 4 BHK), forested gardens >1 acre, 25,745 sq.ft. clubhouse, high-end amenities; launch Oct 2025, possession Jun 2030.
Vaishnavi Gardenia (Tumkur Road, North Bangalore)
- 5 towers across 8 acres; 1–3 BHK options, family amenities (indoor courts, kids' pool, jogging track); launched Dec 2014, possession Dec 2019.
Vaishnavi Serene (Yelahanka, North Bangalore)
- Large township-style project on 10.8 acres with ~896 flats, clubhouse and sports areas; upcoming.
Vaishnavi Terraces (JP Nagar, South Bangalore)
- Premium towers (3–4 BHK), 5-acre site, vaastu-compliant and well-ventilated large units; completed.
Vaishnavi Icon / Tech Square (Central & Marathahalli‑Sarjapur ORR)
- Grade‑A commercial office developments and workplace campuses targeting corporates and modern occupiers.

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