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SSPDL inks JDA for development of premium residential apartments in Chennai

27 Jul 2017 Evaluate

SSPDL has signed a Joint Development Agreement (JDA) for the development of premium residential apartments in Prithvi Avenue, Chennai. The total area of the development is about 14,500 square feet with 25% being SSPDL share.

The approximate sale value of the apartments is Rs 32 crore and SSPDL’s share is Rs 8 crore. This project is expected to be completed in about 18 months from the date of necessary approvals.

SSPDL, formerly the Srinivasa Shipping and Property Development established in 1994, is a leading infrastructure and real estate development company in south India.


SSPDL Share Price

14.39 0.62 (4.50%)
17-Aug-2026 16:59 View Price Chart
Peers
Company Name CMP
Lodha Developers 1255.00
Dilip Buildcon 418.90
Sobha 1322.40
Oberoi Realty 1932.50
Ahluwalia Contract(I 792.50
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