The company has acquired 1 lakh sq.ft in North Bangalore and is poised to welcome 100s of new tenants as part of its expansion
Bangalore: Kots, the pioneering residential leasing company redefining the rental home experience in East Bangalore, announces its eagerly anticipated expansion into the vibrant neighbourhoods of North Bangalore. Kots’ new properties will be strategically located in prime areas such as Kalyan Nagar, Hennur, and Manyatha Tech Park. Founded in 2019 by visionary entrepreneurs, Vijeth Reddy and Sangeetha Holiyachi, Kots has quickly emerged as a trailblazer in the rental home industry, introducing India’s first built-to-rent(BTR) and catering to the housing needs of the new generation of tenants. The company aims to acquire over 1 million sq.ft over the next 2 years.
Commenting on the expansion, Vijeth Reddy, Co-Founder & CEO, Kots, said, “Embarking on our journey into North Bangalore signifies an exhilarating new chapter for the brand. Our legacy of unwavering commitment to delivering living spaces that harmonise seamlessly with the preferences and aspirations of young Indians, has been the bedrock of our remarkable success in East Bangalore. Anticipating the demographic similarities between North Bangalore and Whitefield, we are poised to capitalise on the region’s potential for development. The area boasts a confluence of factors, including ample land parcels, a burgeoning corporate presence, the economic potential of millennials, and a robust foundation for growth.”
Kots will offer urban gated apartment complexes with 30-100 flats, encompassing studio, 1BHK, and 2BHK units, all characterised by superior quality, prime locations, and exceptional value for money. Currently providing amenities such as water can delivery, vehicle wash, and housekeeping services, Kots is also planning to introduce food and grocery services by December 2023, enhancing the convenience and comfort of its tenants.
The brand is known for its diverse range of offerings, spanning from cozy studio apartments (1RK) and comfortable 1BHK flats to spacious 2BHK flats. These rental units are strategically located within secure gated apartment complexes, offering tenants access to a wide array of amenities. For landlords, Kots presents the Built to Rent (BTR) model, providing a hassle-free and profitable rental experience.
