My Home Group Partners with Otis India to Supply 169 High-Speed Elevators for Luxury Hyderabad Developments

Otis India has reportedly secured a significant contract to provide 169 advanced elevator systems for My Home Group's premium residential projects in Hyderabad, including the flagship "My Home 99" development. The partnership was announced in October 2025, reflecting the increasing demand for sophisticated vertical mobility solutions in India's luxury housing market.

Contract Scope and Specifications

According to industry sources, the elevators will be specifically customized for high-rise premium residential towers, incorporating advanced ride quality mechanisms, enhanced safety systems, and smart connectivity features. Otis India is expected to handle the complete supply chain, including installation and lifecycle maintenance services, positioning itself as a comprehensive vertical-mobility partner for large-scale residential developers in Hyderabad.

Market Positioning and Strategic Value

Industry observers note that for My Home Group, the collaboration addresses two critical components of luxury living: architecturally distinctive towers and premium internal infrastructure. High-specification elevator systems have emerged as a key differentiator in the ultra-premium market segment, reportedly influencing both property marketability and long-term quality perception among buyers.

For Otis, the contract represents a strategic expansion of its footprint within India's residential high-rise ecosystem, particularly in rapidly growing Tier-1 and Tier-2 cities that are attracting significant premium-segment investment and occupant demand. The partnership aligns with broader trends in Hyderabad's infrastructure development and real estate growth.

Implementation Timeline and Industry Impact

The installation is scheduled to commence shortly, with both companies aiming to meet delivery timelines while maintaining the service standards expected in premium residential properties. Industry analysts suggest the project is likely to establish new benchmarks for luxury elevator installations in India's high-end residential developments.

The collaboration between Otis India and My Home Group highlights the evolving expectations in India's premium housing sector, where technological sophistication and operational excellence are increasingly critical to project success and buyer satisfaction.

Disclaimer: This news article is based on reported information from industry sources. Readers are advised to verify details independently and consult official company announcements for confirmation. The information provided is for general awareness purposes and should not be considered as investment or purchase advice. Real estate decisions should be made after thorough due diligence and professional consultation.