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Shriram Properties launches residential project in Bengaluru

Shriram Properties Ltd. | Construction - Real Estate | Construction & Infrastructure | BSE: 543419 | NSE: SHRIRAMPPS

13 Mar 2024 Evaluate

Shriram Properties has launched its latest RERA-approved residential project under the ‘Codename Ultimate’ near Electronic City, Bengaluru. The project is being developed under the joint development model, with an aggregate saleable area of around 5.0 lakh square feet. This 400+ unit Balinese-themed project, characterized by its tranquil and harmonious ambience, prioritizes open spaces, encompassing over 70% of the total area.

The development offers a selection of spacious two-bedroom and three-bedroom apartments, meticulously designed to reflect the essence of Balinese architecture and lifestyle. Situated just a few minutes away from Electronic City, the project is designed to seamlessly integrate contemporary living with natural landscaping.

This strategic location offers easy access to the nearest upcoming metro station, quality healthcare facilities, and the city center. Moreover, being situated close to premier schools, colleges, and hospitals, it is an ideal choice for professionals seeking a well-rounded lifestyle.

The project's centerpiece is its expansive 14,000 square foot clubhouse, designed to accommodate a variety of recreational and wellness activities. Boasting over 40 world-class modern amenities, the clubhouse caters to residents of all ages, providing a diverse range of options for leisure and well-being. From state-of-the-art fitness facilities to vibrant social spaces to tranquil meditation areas, the clubhouse is a hub of activity and relaxation for the community. Whether residents seek energetic workouts, social gatherings, or moments of serenity, the clubhouse offers something for everyone, fostering a vibrant and inclusive environment for all.

Shriram Properties has strong familiarity to this micro market, as the Company has already completed and delivered over 2,700 units across 3 projects (Shriram Summit, Shriram Signiaa and Shriram Smirithi) in this neighborhood during the last 3-5 years. The Company is in the process of handing over another around 650 units in Shriram Liberty Square, completed recently. Apart from delivering quality homes with modern amenities, these Shriram projects have also yielded significant value appreciation for its customers over the years.

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.

Shriram Properties Share Price

85.12 2.15 (2.59%)

21-Apr-2026 10:07 View Price Chart

Peers

Company Name	CMP
Lodha Developers	885.40
Dilip Buildcon	451.50
DLF	604.45
Oberoi Realty	1737.20
Ahluwalia Contract(I	848.35
View more..

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Shriram Properties launches residential project in Bengaluru

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