Shriram Properties Aims for ₹350 Crore Revenue with New Bengaluru Housing Project
Shriram Properties, a leading real estate developer in India, is set to launch a new housing project in Bengaluru with an estimated revenue of over ₹350 crore. The project will be developed on a 5-acre plot in Bannerghatta Road, South Bengaluru, and is expected to bolster the company's mid-premium housing portfolio.
Shriram PropertiesReal EstateBengaluruHousing ProjectMidpremiumReal Estate MumbaiNov 03, 2025
In a regulatory filing, Shriram Properties announced that it has signed a Joint Development Agreement (JDA) for the land parcel. The company plans to develop an exclusive villament community on the site, which is anticipated to have a Gross Development Value (GDV) potential of over ₹350 crores.
The project is expected to be launched during this fiscal year and will contribute significantly to the company's growth in the mid-premium housing segment. Shriram Properties has a strong track record of delivering high-quality projects, with 48 projects totaling 28.3 million square feet of saleable area, primarily in Bengaluru and Chennai.
Shriram Properties has been a pioneer in the real estate sector, known for its commitment to quality and customer satisfaction. The company's focus on mid-premium housing has resonated well with homebuyers, particularly in the bustling metropolis of Bengaluru. The new project in Bannerghatta Road is expected to attract a wide range of buyers, from young professionals to growing families looking for a premium living experience.
The development of the new project aligns with Shriram Properties' strategy to expand its presence in key markets across India. With a robust pipeline of projects and a strong financial position, the company is well-positioned to capitalize on the growing demand for mid-premium housing in urban centers like Bengaluru.
The choice of location for the new project is strategic, as Bannerghatta Road is a rapidly developing area with excellent connectivity and a vibrant lifestyle. The project will offer residents a blend of modern amenities and a serene environment, making it an attractive option for those seeking a high-quality living experience.
Shriram Properties' commitment to sustainable development practices will also be evident in the new project. The company is known for its eco-friendly initiatives and will incorporate green building features to ensure that the project is not only luxurious but also environmentally responsible.
In conclusion, the new housing project in Bengaluru represents a significant milestone for Shriram Properties. With an estimated revenue of over ₹350 crore, the project is poised to further solidify the company's position as a leading real estate developer in the mid-premium segment. Homebuyers in Bengaluru can look forward to a premium living experience in a well-connected and vibrant location.
Frequently Asked Questions
What is the estimated revenue from the new housing project in Bengaluru?
The new housing project in Bengaluru by Shriram Properties is expected to generate an estimated revenue of over ₹350 crore.
Where is the new project located?
The new project is located on a 5-acre plot in Bannerghatta Road, South Bengaluru.
What type of development is Shriram Properties planning to build?
Shriram Properties plans to develop an exclusive villament community on the 5-acre plot in Bannerghatta Road.
When is the project expected to be launched?
The project is expected to be launched during the current fiscal year.
How many projects has Shriram Properties delivered so far?
Shriram Properties has delivered 48 projects totaling 28.3 million square feet of saleable area, primarily in Bengaluru and Chennai.
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