Shriram Properties Signs JDA for Premium Residential Project in North Bengaluru

05 Sep 2025 CW Team

Shriram Properties, a leading residential real estate developer focused on the mid-market and mid-premium segments, has entered into a Joint Development Agreement for ~6.5 acres of prime land in North Bengaluru.

The upcoming project, planned for launch in the next fiscal, will feature premium residential apartments with a saleable area of around 0.6 million sq. ft. and an estimated gross development value (GDV) of nearly Rs 5 billion. Strategically located in Yelahanka, one of Bengaluru’s fastest-growing residential hubs, the development will overlook the proposed 154-acre Madapanahalli Biodiversity Park, featuring a zoo, aviary, tree park, and medicinal garden.

Designed as a landmark addition to the city’s skyline, the project will blend luxury living with ecological harmony, aligning with SPL’s asset-light growth strategy and expanding project pipeline.

Commenting on the development, Akshay Murali, Vice President – Business Development, Shriram Properties, said: “This project marks a significant milestone in our journey to create landmark developments that blend luxury living with ecological harmony. Yelahanka’s evolving landscape and its proximity to the upcoming biodiversity park make this location truly unique. We are excited to bring a thoughtfully designed residential experience to this vibrant part of Bengaluru.”

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