Shriram Properties is planning to invest around Rs 750 crore this fiscal (FY24) on construction of its ongoing and new residential projects as it looks to scale up business amid strong housing demand. The company had spent Rs 500 crore in the last financial year on construction works.
The company is currently developing many housing projects and plans to launch multiple housing projects this fiscal to tap the rise in housing demand.
Shriram Properties is one of the leading residential real estate development companies in South India, primarily focused on the mid-market and affordable housing categories.
