Current Date: 01 May, 2025

Shriram Properties Continues Expansion with Yelahanka Land Grab

Shriram Properties (SPL), a publicly listed real estate developer headquartered in Bengaluru, has acquired a five-acre land parcel in Yelahanka, North Bengaluru. The project, with an estimated gross development value (GDV) of ₹200–250 crore, will feature premium row houses and villas, and is slated for launch in the second half of FY26.

This acquisition is part of SPL’s ongoing strategy to expand its footprint in high-growth micro-markets across India. Yelahanka has emerged as a sought-after residential hub, driven by strong demand for mid- to premium-segment housing.

The move follows a series of recent strategic investments, including a joint development agreement signed in October for a six-acre mixed-use project in Pune, expected to generate ₹700–750 crore in revenue. With 44 projects and 24.4 million sq. ft. delivered to date, SPL is actively ramping up its development pipeline.

 

News by Rahul Yelligetti.

 

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Source : projxnews