Shriram Properties Inks JDA for Rs 3.50 Bn Villament Project in South Bengaluru

05 Nov 2025 CW Team

Shriram Properties, one of India’s leading mid-market and mid-premium residential real estate developers, has signed a Joint Development Agreement (JDA) for a ~5-acre land parcel on Bannerghatta Road, South Bengaluru. The upcoming project will feature an exclusive villament community with an estimated Gross Development Value (GDV) of over Rs 3.50 billion.

Strategically located along Bannerghatta Road, one of Bengaluru’s most sought-after residential corridors, the project promises a refined living experience that harmonizes elegant architecture, expansive green landscapes, and a suite of modern lifestyle amenities. Each villament will be designed to maximize natural light, ventilation, and spatial connection with the outdoors, reinforcing SPL’s commitment to sustainable and design-led urban living.

The location offers seamless connectivity, well-developed social infrastructure, and a perfect blend of urban convenience and natural serenity, making it a preferred address for discerning homebuyers. The project is slated for launch in FY26 and will further enhance SPL’s growing portfolio in the mid-premium housing segment across Bengaluru.

This development reinforces Shriram Properties’ asset-light growth strategy, emphasizing value-accretive partnerships and strategic developments in high-demand micro-markets. It aligns with SPL’s long-term vision of delivering community-driven, environmentally conscious homes that cater to the evolving aspirations of urban families.

“At SPL, we believe great homes are born from a seamless blend of design, comfort, and connection with nature,” said Mr. Akshay Murali, Vice President – Business Development, Shriram Properties. “Our new villament project on Bannerghatta Road exemplifies this vision. With its exceptional location, connectivity, and serene green setting, we are confident it will redefine premium living in South Bengaluru.”

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