Shriram Properties (SPL) has acquired a strategically well-located land parcel of around 4 acres on Sarjapur Main Road, South-East Bengaluru, through an outright purchase transaction. The company plans to develop a premium high-rise residential project on the site, further strengthening its presence in one of Bengaluru’s fastest-growing residential corridors. The proposed development will comprise approximately 5 lakh sq. ft. of saleable area, with an estimated Gross Development Value (GDV) of around Rs 550 crore-Rs 600 crore. The project is expected to be launched during latter part of 2026.
Strategically located with seamless connectivity to Sarjapur, Varthur, Whitefield, and the Outer Ring Road, the development has been thoughtfully crafted to deliver superior comfort, functionality, and aesthetics. Surrounded by reputed international schools and in close proximity to upcoming Dommasandra Metro Station, the development offers a seamless blend of convenience and modern urban living. This acquisition marks another important milestone in SPL’s growth strategy, strengthening its robust pipeline and reinforcing its growth momentum in Bengaluru. This addition aligns with the company’s approach of expanding into high-demand micro-markets with strong end-user fundamentals and long-term visibility.
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.
