Shriram Properties Limited (SPL), a real estate developer focused on mid-market and mid-premium residential projects, has acquired approximately five acres of land in Yelahanka, North Bengaluru. The company plans to develop a premium residential project consisting of row houses and villas on the site.
The project is expected to have a gross development value (GDV) between ₹200 crore and ₹250 crore. SPL aims to launch the development in the second half of the financial year 2025–26 (H2-FY26), with a project timeline extending over the next three years.
Yelahanka, a well-established residential micro-market in North Bengaluru, is known for its access to key educational institutions, including several international schools and colleges. The area is also experiencing infrastructure improvements that are expected to enhance connectivity and support local economic development.
This acquisition is aligned with SPL’s strategic expansion plans and adds to its existing project pipeline. The company continues to focus on delivering residential developments in high-demand urban locations across Bengaluru and other key cities.
Gopalakrishnan J, CEO of Shriram Properties, stated, “This strategic investment is well aligned with our objective of strengthening the Shriram brand’s footprint in North Bengaluru, a region demonstrating sustained and robust growth potential. We are pursuing an ambitious trajectory, focused on building a strong pipeline of projects to accelerate expansion, and the current acquisition serves as a key milestone in this journey. We shall endeavour to position and launch this project as a landmark villa / row-house development during H2-FY26. This project reinforces our dedication towards creating sustainable and vibrant communities and also marks a significant step in our ongoing journey to redefine urban living experiences”.
