Shriram Properties Inks JDA for Rs 3.5 Bn Villament Project in Bengaluru

05 Nov 2025 CW Team

Strategically located in one of Bengaluru’s most sought-after residential corridors, the development aims to deliver a refined living experience featuring elegant architecture, expansive green spaces, and contemporary amenities. Each villament will be designed to maximise natural light and ventilation while maintaining a strong connection to the surrounding landscape, in line with SPL’s focus on sustainable and modern urban living.

The Bannerghatta location offers excellent connectivity, well-developed social infrastructure, and a blend of urban convenience with natural serenity, making it one of the city’s most desirable residential destinations. The project is expected to launch in FY26, further strengthening SPL’s expanding mid-premium housing portfolio in Bengaluru.

This development reinforces SPL’s asset-light growth strategy, which focuses on value-accretive partnerships in high-demand locations. The company continues to pursue its vision of delivering quality, community-centric, and environmentally responsible homes that cater to evolving urban lifestyles.

Commenting on the development, Akshay Murali, Vice President - Business Development, Shriram Properties, said, “At SPL, we believe great homes emerge from the perfect harmony of design, comfort, and a connection with nature. Our upcoming villaments project in Bannerghatta Road, one of Bengaluru’s most dynamic and desirable residential corridors, embodies this philosophy. With its excellent connectivity, vibrant social ecosystem, and serene green surroundings, Bannerghatta Road is the ideal setting for discerning homebuyers seeking both exclusivity and convenience. We are confident this development will set a new benchmark for premium living in South Bengaluru.

Shriram Properties Limited (SPL), one of India’s leading mid-market and mid-premium residential developers, has signed a Joint Development Agreement (JDA) for a five-acre land parcel on Bannerghatta Road, South Bengaluru. The project, with an estimated Gross Development Value (GDV) of over Rs 3.5 billion, will comprise an exclusive community of premium villaments.Strategically located in one of Bengaluru’s most sought-after residential corridors, the development aims to deliver a refined living experience featuring elegant architecture, expansive green spaces, and contemporary amenities. Each villament will be designed to maximise natural light and ventilation while maintaining a strong connection to the surrounding landscape, in line with SPL’s focus on sustainable and modern urban living.The Bannerghatta location offers excellent connectivity, well-developed social infrastructure, and a blend of urban convenience with natural serenity, making it one of the city’s most desirable residential destinations. The project is expected to launch in FY26, further strengthening SPL’s expanding mid-premium housing portfolio in Bengaluru.This development reinforces SPL’s asset-light growth strategy, which focuses on value-accretive partnerships in high-demand locations. The company continues to pursue its vision of delivering quality, community-centric, and environmentally responsible homes that cater to evolving urban lifestyles.Commenting on the development, Akshay Murali, Vice President - Business Development, Shriram Properties, said, “At SPL, we believe great homes emerge from the perfect harmony of design, comfort, and a connection with nature. Our upcoming villaments project in Bannerghatta Road, one of Bengaluru’s most dynamic and desirable residential corridors, embodies this philosophy. With its excellent connectivity, vibrant social ecosystem, and serene green surroundings, Bannerghatta Road is the ideal setting for discerning homebuyers seeking both exclusivity and convenience. We are confident this development will set a new benchmark for premium living in South Bengaluru.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Infrastructure Energy

06 Apr 2026

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

Real Estate

06 Apr 2026

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..