SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Shriram Properties signs JDA for prime 4-acre land parcel near Yelahanka

21 May 2024 Evaluate

Shriram Properties (SPL) has signed a Joint Development Agreement (JDA) for development of a prime 4-acre land parcel nestled in the coveted micro market of Yelahanka, Bengaluru.

The proposed project will comprise of 270 apartments with an aggregate saleable area of around 3.8 lakh Sqft. The project has aggregate revenue potential of over Rs 250 crore and is expected to be developed over the next 3 years. The Company is targeting to launch of this project during first half of current financial year (H1- FY25).

This initiative is in line with SPL’s vision of developing exceptional residential communities in the upcoming micro markets. SPL envisions crafting a landmark residential project, with the objective of redefining living experiences. The new project promises effortless access to Yelahanka and the Bangalore International Airport. It is also in close proximity to prestigious schools, healthcare facilities, and a range of exciting retail experiences, in a neighborhood that symbolizes a harmonious blend of convenience and luxury.

This project will strengthen the Company’s overall pipeline and support in sustaining growth momentum. The Company has a strong pipeline of 47 projects with 51 msf2 of saleable area, including 25 ongoing projects with aggregate saleable area of 23.5 thousand square feet as of March 31, 2024. Nearly 75% of ongoing projects are already sold and the Company has no inventory in completed projects/phases. SPL has demonstrated a track record of having delivered 44 projects with a saleable area of 24.3 thousand square feet 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

82.53 2.08 (2.59%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Lodha Developers 871.70
Dilip Buildcon 457.55
DLF 601.80
Oberoi Realty 1710.00
Ahluwalia Contract(I 832.90
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×