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Shriram Properties acquires land parcel in Bengaluru

23 Apr 2025 Evaluate

Shriram Properties has acquired around 5-acre land parcel nestled in Yelahanka, North Bengaluru. The company plans to develop a premium residential complex with row houses / villas on this project land over the next three years. With gross development value (GDV) of Rs 200 - Rs 250 crore, the company is targeting to launch the project during H2FY26.

Situated in one of North Bengaluru’s most coveted micro-markets, this project is poised to become a landmark development. The vicinity is enriched with esteemed educational institutions, including international schools and renowned colleges, catering to families seeking quality education for their children. Moreover, the area is witnessing rapid infrastructural advancements which are set to enhance accessibility and drive economic growth. These factors collectively position the project as an attractive proposition for discerning homebuyers looking for a harmonious blend of convenience, connectivity, and community living.

This strategic acquisition is a significant step in the company’s ongoing growth journey, further strengthening its robust project pipeline and reinforcing its commitment to driving sustained momentum.

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.

Peers
Company Name CMP
Lodha Developers 1113.00
Prestige EstatesProj 1505.00
Dilip Buildcon 403.85
DLF 643.60
Oberoi Realty 1747.40
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