+
Shriram Properties Acquires Four-Acre Site On Sarjapur Road
Real Estate

Shriram Properties Acquires Four-Acre Site On Sarjapur Road

Shriram Properties has acquired a four-acre parcel on Sarjapur Road in Bengaluru and plans to develop a premium high-rise residential project. The company said the project will involve an investment of Rs six billion (Rs 6 bn) and target the luxury segment of the city’s housing market. The site is positioned to cater to demand from professionals working in nearby technology and commercial hubs.

The developer intends to offer a mix of apartment configurations along with amenities commonly associated with high-end developments, aiming to attract discerning buyers and investors. The project is expected to follow contemporary design standards and incorporate lifestyle facilities, green spaces and security features. Shriram Properties plans to leverage its experience in urban residential projects to manage construction and delivery timelines.

The acquisition forms part of the company’s broader strategy to expand its presence in Bengaluru, where demand for well located residential properties has remained firm. The investment underscores confidence in long term residential growth in suburban corridors that have seen improved connectivity and infrastructure. Market observers note that such projects may influence local land values and prompt further development activity along Sarjapur Road.

The developer will now move to obtain necessary approvals and initiate planning and design work ahead of a formal launch, with sales and marketing to be announced in due course. The company said it will monitor market conditions and staging of construction to align supply with buyer appetite. The project is expected to contribute to the city’s premium housing offering once completed.

The project is likely to generate employment opportunities during construction and support local suppliers and contractors, contributing to the neighbourhood economy. The developer will work with consultants and regulatory authorities to finalise technical specifications and environmental safeguards. Stakeholders will watch the timeline for approvals and the landmark development's subsequent impact on the local market.

Shriram Properties has acquired a four-acre parcel on Sarjapur Road in Bengaluru and plans to develop a premium high-rise residential project. The company said the project will involve an investment of Rs six billion (Rs 6 bn) and target the luxury segment of the city’s housing market. The site is positioned to cater to demand from professionals working in nearby technology and commercial hubs. The developer intends to offer a mix of apartment configurations along with amenities commonly associated with high-end developments, aiming to attract discerning buyers and investors. The project is expected to follow contemporary design standards and incorporate lifestyle facilities, green spaces and security features. Shriram Properties plans to leverage its experience in urban residential projects to manage construction and delivery timelines. The acquisition forms part of the company’s broader strategy to expand its presence in Bengaluru, where demand for well located residential properties has remained firm. The investment underscores confidence in long term residential growth in suburban corridors that have seen improved connectivity and infrastructure. Market observers note that such projects may influence local land values and prompt further development activity along Sarjapur Road. The developer will now move to obtain necessary approvals and initiate planning and design work ahead of a formal launch, with sales and marketing to be announced in due course. The company said it will monitor market conditions and staging of construction to align supply with buyer appetite. The project is expected to contribute to the city’s premium housing offering once completed. The project is likely to generate employment opportunities during construction and support local suppliers and contractors, contributing to the neighbourhood economy. The developer will work with consultants and regulatory authorities to finalise technical specifications and environmental safeguards. Stakeholders will watch the timeline for approvals and the landmark development's subsequent impact on the local market.

Next Story
Resources

CII-IGBC Announces National Leadership Transition

Confederation of Indian Industry Indian Green Building Council (CII-IGBC) has announced leadership changes effective 1 April 2026. C. Shekar Reddy, Chairman and Managing Director of CSR Estates Ltd and current National Vice-Chairman, will assume office as National Chairman, succeeding B. Thiagarajan, Managing Director of Blue Star Ltd, whose two-year tenure concludes. A. R. Unnikrishnan, Managing Director – Glass Business, Saint-Gobain India Pvt Ltd, will take over as National Vice-Chairman.Since its inception in 2001, IGBC has registered over 18,850 projects, representing more than 15.52 bi..

Next Story
Resources

Hexalog Appoints AVP for Global Expansion Drive

Hexalog has appointed a new Assistant Vice President (AVP) to support its international expansion and product-led growth strategy across global trade corridors.The AVP will lead the development and scaling of new cross-border logistics products, with a focus on high-impact international trade lanes and emerging corridors. The role includes identifying unmet market needs, shaping product strategy, enabling new trade lanes and driving strategic partnerships aligned with the company’s growth agenda.The appointee will oversee product development, market expansion, trade-lane enablement and comme..

Next Story
Resources

Unispace Appoints Paul Saville-King as Group CEO

Unispace has appointed Paul Saville-King as Group Chief Executive Officer, effective February 2026. The company is a global provider of integrated workplace strategy, design and construction services.“Paul brings the right mix of industry, global and leadership experience for where Unispace is heading,” said Jodi Ingham, Managing Director at PAG. “We see this appointment as an important step in strengthening the business and supporting its next phase of growth.”Paul joins from CBRE, where he most recently served as Chief Product Officer of Global Workplace Solutions and earlier as Glob..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Open In App