Shriram Properties Ltd. has signed a Joint Development Agreement (JDA) to launch a premium row housing project in Yelahanka, Bengaluru. With a gross development value (GDV) of ₹6 billion, the project spans 5 acres and marks a strategic expansion into North Bengaluru’s fast-growing residential corridor
Shriram Properties Ltd., one of South India’s leading residential developers, has announced a major expansion in North Bengaluru with a premium row housing project in Yelahanka. The company signed a Joint Development Agreement (JDA) for a 5-acre land parcel, targeting a GDV of ₹6 billion. The development is expected to cater to the rising demand for high-end housing in the region.
Important points
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The project will feature luxury row houses and villas, designed to appeal to urban families seeking spacious living
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Located in Yelahanka, a micro-market known for its connectivity, educational institutions, and infrastructure growth
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The development is expected to commence in the second half of FY26, with phased construction over three years
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Shriram Properties aims to strengthen its brand presence in North Bengaluru through this strategic investment
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The company’s broader pipeline includes multiple residential launches across Bengaluru, Chennai, and Hyderabad
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Executive Director & CEO Gopalakrishnan J highlighted the project as part of SPL’s growth acceleration strategy
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The JDA model allows asset-light expansion while leveraging prime land parcels for premium offerings
This move reinforces Shriram Properties’ commitment to delivering quality housing solutions and expanding its footprint in high-potential urban markets.
Sources: Shriram Properties Ltd. Press Release, IPO Central, Hindustan Times Real Estate