Image Source : Equitypandit
Shriram Properties Ltd. has unveiled plans for an ambitious residential project in Yelahanka, Bengaluru, following the acquisition of a five-acre land parcel in the area. The project, with a Gross Development Value (GDV) estimated at 2-2.50 billion rupees, is set to launch in the second half of the financial year 2026.
Yelahanka, a rapidly growing residential hub, offers strategic advantages due to its proximity to the Bengaluru International Airport and excellent connectivity to key parts of the city. Shriram Properties aims to leverage this prime location to create a state-of-the-art residential development that caters to the evolving needs of modern homebuyers.
The project is expected to feature innovative designs and premium amenities, reflecting the company's commitment to delivering high-quality living spaces. This initiative aligns with Shriram Properties' broader strategy to expand its footprint in key micro-markets and strengthen its position as a leading real estate developer in South India.
Key Highlights:
-
- Shriram Properties acquires a five-acre land parcel in Yelahanka, Bengaluru.
-
- The project has an estimated GDV of 2-2.50 billion rupees.
-
- Launch is targeted for the second half of the financial year 2026.
-
- The development will focus on innovative designs and premium amenities.
-
- The initiative reinforces Shriram Properties' growth strategy in key markets.
Source: Reuters, Economic Times, Realty Times.
Advertisement
Advertisement