Shriram Properties has signed a joint development agreement (JDA) for 9.1 acres of land parcel at Doddagubbi, North-East Bengaluru. The company plans to develop an exclusive, scenic lake-facing, thoughtfully designed apartment complex with a development potential of around 6.7 lakh sq. ft. and an estimated GDV potential of over Rs 600 crore. The project is expected to be launched during the current financial year.
Strategically located in the fast-developing North-East Bengaluru corridor, the location offers excellent connectivity to key parts of Bengaluru through Thanisandra Main Road, Hennur Road, Outer Ring Road, and the airport connectivity corridor, enabling seamless access to major IT hubs, commercial centres, educational institutions, healthcare facilities, retail destinations, and entertainment zones.
This transaction further strengthens its development pipeline in Bengaluru and aligns with its strategic growth focus on expanding through asset-light development models in high-potential micro markets. It continues to focus on creating quality residential communities that combine long-term value creation with superior customer experience.
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.
