Shriram Properties Launches ₹600 Crore Housing Project in Bengaluru

Shriram Properties Ltd, a leading real estate developer, has partnered with a landowner to develop a premium row houses project in North Bengaluru with an estimated GDV of ₹600 crore.

Real EstateBengaluruShriram PropertiesHousing ProjectPremium Row HousesReal Estate PuneOct 27, 2025

Shriram Properties Launches ₹600 Crore Housing Project in Bengaluru
Real Estate Pune:Realty firm Shriram Properties Ltd has partnered with a landowner to develop a ₹600 crore housing project in Bengaluru. In a regulatory filing on Monday, the company announced it has signed a Joint Development Agreement for a 7-acre land in North Bengaluru. The project, set to be launched in the next financial year, will consist of premium row houses with an estimated Gross Development Value (GDV) of about ₹600 crore.

Akshay Murali, Vice President - Business Development at Shriram Properties, expressed his confidence in the project, stating, “Yelahanka's strong infrastructure growth and proximity to the upcoming biodiversity park make it an exceptional location for premium row houses. We are confident this development will redefine the residential landscape in North Bengaluru.”

Shriram Properties Ltd is one of the leading real estate developers in the country, with a significant presence in Bengaluru, Chennai, Pune, and Kolkata. The company has delivered 48 projects with a saleable area of 28.3 million sq ft. It has a strong development pipeline comprising 39 projects with an aggregate development potential of 36 million sq ft, including 19 million sq ft of ongoing projects.

The new project in Yelahanka is expected to enhance Shriram Properties' portfolio and strengthen its position in the premium housing market. The company's commitment to quality and innovation has been a cornerstone of its success, and this project is no exception. With the increasing demand for premium residential properties in North Bengaluru, the project is poised to attract a significant number of homebuyers and investors.

The development of the project will leverage the strong infrastructure and connectivity in Yelahanka, which includes proximity to major educational institutions, commercial areas, and upcoming amenities. The biodiversity park, a key highlight of the area, will further enhance the quality of life for residents. Shriram Properties' focus on sustainable and eco-friendly practices will also be evident in the design and construction of the row houses.

In conclusion, the ₹600 crore project in North Bengaluru represents a significant step forward for Shriram Properties, aligning with the company's vision to create premium living spaces that meet the evolving needs of modern families. The project is expected to set new standards in the real estate sector and contribute to the overall growth and development of the region.

Frequently Asked Questions

What is the total estimated GDV of the new housing project by Shriram Properties?

The total estimated GDV (Gross Development Value) of the new housing project by Shriram Properties in Bengaluru is ₹600 crore.

Where is the 7-acre land for the new housing project located?

The 7-acre land for the new housing project is located in North Bengaluru, specifically in the Yelahanka area.

When is the new housing project expected to be launched?

The new housing project is expected to be launched in the next financial year.

What is the role of Akshay Murali in Shriram Properties?

Akshay Murali is the Vice President - Business Development at Shriram Properties.

How many projects has Shriram Properties delivered so far?

Shriram Properties has delivered 48 projects with a saleable area of 28.3 million sq ft.

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