ABOUT US

Our Story

A Legacy Rooted in Excellence

SPA Group is a debt-free, financially sound, sustainable, and futuristic business conglomerate with a presence in real estate, liquid warehousing, agriculture marketing, energy storage, green technology, and horticulture. With an intrinsic net worth of approximately ₹1500 crore, our journey is built on a foundation of trust, innovation, and sustainability. Our story traces back over 80 years to our ancestors, Sewnarayan and Khubchand Kajaria, whose entrepreneurial spirit laid the foundation for generations to come. Today, as the fourth generation of the profiled Kajaria family, we continue to shape businesses built on legacy, trust, and endurance.

Built on the Belief That “YOU matter”

Our philosophy is simple yet profound: YOU matter! Every initiative, every venture, and every detail is guided by this belief. With a people-centric approach and a foundation of transparent ethics, our Chairman, guide, and mentor, Mr. Sushil Kajaria, formalized the family’s ventures into SPA Group in 1972—named after Sushil, Prashant, and Amit Kajaria. What began as a small vision soon transformed into a diversified group spanning multiple industries, steadily elevating the business to new heights.

The Evolution of a Conglomerate

Early Years: From our humble beginnings in mini steel plants and coal trading, we expanded into liquid warehousing in 1972, taking over a terminal from the then Burmah Shell and today Bharat Petroleum Corporation Limited (BPCL). Today, the group is celebrating the fifth decade of not only being the largest liquid warehousing company in Eastern India with a capacity of 1,40,000 KL, but also of crafting exquisite and sustainable residential and commercial buildings. Real Estate in Kolkata: Our landmark projects—including Surya Kiran in Alipore, Ashoka Road, Park View at Park Street Crossing, Landmark on AJC Bose Road, Lansdowne—reflect our commitment to crafting sustainable, iconic buildings that stand the test of time.

A Passion for Nature, A Vision for the Future

The group’s next transformative journey began when Mr. Prashant Kajaria brought his deep-rooted passion for nature to Bengaluru, marking the Group’s foray into the city to diversifyinto new opportunities. At only a young age of 21 years old, he founded SPA Agro (1993)—one of India’s earliest 100% EOU floriculture ventures—which grew into one of the nation’s largest floriculture companies. Along with the Group’s expansion into floriculture and horticulture, Mr. Prashant kept his eye on the fast-growing cosmopolitan city of Bengaluru. It was here that our horticulture and floriculture divisions were kickstarted, and eventually, our love for nature and deep-rooted passion for real estate converged. This union gave rise to unparalleled environments and set a new trend in the ultra-luxury residential real estate space, crafting communities and estate-living projects that continue to flourish in the Garden City. We promised that with this convergence, we would continue to craft spaces for you—harmoniously blending architecture, landscape, and thoughtful design. Today, SPA Group is recognized as a boutique marquee developer, celebrated for its eye to detail and its ability to create luxury living experiences that are boutique, bespoke, and extremely personalized.

Expanding Horizons

Our portfolio, rooted in horticulture, residential development, and liquid warehousing, has now diversified into luxury hospitality and lifestyle ventures, while also showcasing a proven track record in real estate:

• 85 acres of prime developments already delivered across strategic locations
• 2.5 million sq. ft. of saleable land area successfully developed and sold.
• A 6-acre luxury resort, now fully operational.
• A 100-key luxury hotel, in one of our communities under active finalization, in partnership with leading 5-star hotel chains
• The Group is also in the process of exploring diversification into the education sector, guided by a deep conviction that meaningful learning environments can shape future generations. The Group is actively researching models, engaging with reputed operators, and evaluating potential structures for collaboration.

Future Strategic Expansion

The group already has over 120 acres in strategic locations such as Sarjapur Road, Hoskote–Mallur Highway, Chikka Tirupathi, and North Bangalore, and 100+ acres under various stages of acquisition in high-growth areas like North Bangalore, Hosur, and Goa. These strategic land banks, with a current projected gross development value (GDV) of nearly ₹8,000 crores, will be unlocked over the next 5–7 years, paving the way for world-classcommunities and integrated developments. As part of this journey, SPA Group is in talks with national players to unlock the true value of its land banks and create synergies that will deliver world-class environments for its clientele.

Sustainability & Responsibility

Our commitment to sustainable infrastructure and biophilic design is at the forefront of everything we do. From liquid warehousing to luxury real estate, every business vertical is guided by a responsibility to create lasting value for communities and the environment.

Family Office

In 2024, the Group decided to professionalise its investment portfolio by starting a family office to manage its fast-growing financial and liquidity portfolio. The family office is currently managing a sizable AUM (Assets Under Management) with a strong year-on-year growth trajectory. The office plays a central role in ensuring the Group’s long-term financial sustainability by focusing on diversification, risk management, and liquidity planning. Strategic capital allocation across entities and internationally is designed to support both operational needs and growth priorities, while investment strategies balance wealth preservation with value creation.

Looking Ahead

Today, SPA Group stands as a debt free, boutique developer, recognized for creating personalized, luxury environments that inspire and endure. At the heart of our journey is a simple truth: for us, YOU matter.