Kalyani Developers plans 600 hotel keys with Hilton at Bengaluru's aerospace park

Kalyani Developers said on 27 October 2026 that it aims to grow its hotel portfolio to more than 1,400 keys across Bengaluru and Hyderabad over the next two years. The plan rests on a signed deal with Hilton for two hotels with a combined 600 keys in North Bengaluru.

The Hilton cluster

Hilton announced the signing on 6 October 2026, three weeks before Kalyani's statement. The two hotels will carry the Conrad Hotels & Resorts and Hilton Hotels & Resorts brands. Each will have 300 guest rooms.

The complex will sit in the KIADB Hi-Tech Defence and Aerospace Park, along the Devanahalli and Bagalur belt of North Bengaluru. Both hotels will have dining venues, meeting and event spaces, and wellness facilities. The cluster will offer more than 72,000 sq ft of event space in total.

Both properties are scheduled to open in 2030. The deal is a signed agreement, and the start of construction has not been announced.

Priyanka Raju, Director, Kalyani Developers, said Bengaluru and Hyderabad are at the centre of the company's strategic growth plans for hospitality. Alan Watts, Hilton's president for Asia Pacific, said the signing marks a significant milestone in strengthening Hilton's presence in Bengaluru.

The pipeline beyond the first deal

Kalyani has said it is in discussions with leading international hotel operators for a further 825 keys. The announcement did not give the locations, brands, investment requirements or development timelines for these projects.

That leaves a gap between the 600 keys already signed and the 1,400-plus target. Until the company names sites and operators, only the 600 keys have a known location and opening date.

What it means for the market

Bengaluru is already Hilton's largest Indian market by hotel count. The Conrad and Hilton airport hotels would add a second Conrad and a fourth Hilton Hotels & Resorts property to the city. Hilton has eight Hilton Hotels & Resorts properties in India, with another 11 under development. Conrad already operates in Bengaluru and Pune, and a Conrad in Jaipur is under development.

Kalyani cited business travel, tourism, MICE (meetings, incentives, conferences and exhibitions) and rising demand for premium stays as the drivers behind the plan. The company already runs a hotel in its commercial campus. A DoubleTree by Hilton with 183 rooms sits within Kalyani Platina, and Hilton's announcement names the DoubleTree by Hilton Bengaluru Whitefield, opened in 2024, as the earlier collaboration between the two companies.

Kalyani Developers was founded in 1991. Its managing director and CEO is A. Mohan Raju. Mohan Raju described the airport project as the next step in the companies' hospitality partnership after the Whitefield opening.

For buyers, the news changes little in the short term. The hotel cluster is a hospitality asset, not a housing project. The company's residential launch in the same aerospace park, Kalyani LivingTree, was launched in 2024. The park itself is still being built out, and the timelines for its roads and rail links remain unsettled in public information.

What to watch

The next step is the start of construction at the North Bengaluru site, which has not been announced. Buyers and investors should also watch for the 825 keys to be assigned locations, operators and dates.

The number to watch is 1,400. It is the company's own target for keys in two cities within two years, and so far only 600 of those keys have a signed site and an opening year.