Shriram Properties' Ambitious Bengaluru Housing Project
Shriram Properties Ltd has acquired a 4-acre land in Bengaluru's Sarjapur Main Road to develop a high-rise residential project. The project, expected to generate Rs 600 crore, will feature approximately 5 lakh sq ft of saleable area. It is set to launch in late 2026.
- Country:
- India
Shriram Properties Ltd has made a significant acquisition in Bengaluru, purchasing a prime 4-acre land parcel on Sarjapur Main Road. The company plans to construct a premium high-rise housing project on this site.
The proposed development will include approximately 5 lakh square feet of saleable area, with an estimated Gross Development Value (GDV) of Rs 550-600 crore. GDV represents the total sales value of the expected project output.
Shriram, a prominent name in Indian real estate with a strong presence in cities like Bengaluru and Chennai, anticipates launching the project by late 2026.
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