Shriram Properties signs JDA for Rs 35 million villa project in South Bengaluru

13 Nov 2025 CW Team

Located along Bannerghatta Road, the project is expected to launch in FY26 and will strengthen SPL’s expanding mid-premium portfolio, said Akshay Murali, Vice-President – Business Development, Shriram Properties.

Recent JDAs Signed by SPL

SPL has been actively growing its Bengaluru footprint through strategic JDAs:

• October 2025: The company signed a JDA for a premium row-housing project in Yelahanka, North Bengaluru, with a GDV of around Rs 600 crore. The development spans seven acres and forms part of a larger 15-acre land parcel. It is slated for launch in FY27.

• September 2025: SPL entered into another JDA for a 6.5-acre plot in North Bengaluru to launch a premium residential project with a GDV potential of about Rs 50 million. Adjacent to the upcoming state park in Yelahanka, this project is also planned for launch in FY27.

Other Ongoing Developments

In July 2025, SPL announced “Codename: The One”, a mid-premium gated community in the Electronic City corridor. The project features 340 two- and three-bedroom residences with a total saleable area of around 500,000 sq ft, and a revenue potential exceeding Rs 350 crore. The development emphasises future-ready living, quality construction and sustainable design.

SPL’s Markets and Development Pipeline

Shriram Properties operates primarily in Bengaluru, Chennai, Pune and Kolkata. The company has delivered 48 projects, covering 28.3 million sq ft of saleable area.

As of 30 September 2025, SPL’s development pipeline comprises 39 projects with an aggregate potential of 36 million sq ft, of which 19 million sq ft is currently under development.

Shriram Properties, the Bengaluru-based developer focused on mid-market and mid-premium housing, has entered into a joint development agreement (JDA) for a nearly 5-acre land parcel in South Bengaluru. The company plans to develop an exclusive villa community on the site, with a gross development value (GDV) of over Rs 35 million.Located along Bannerghatta Road, the project is expected to launch in FY26 and will strengthen SPL’s expanding mid-premium portfolio, said Akshay Murali, Vice-President – Business Development, Shriram Properties.Recent JDAs Signed by SPLSPL has been actively growing its Bengaluru footprint through strategic JDAs:• October 2025: The company signed a JDA for a premium row-housing project in Yelahanka, North Bengaluru, with a GDV of around Rs 600 crore. The development spans seven acres and forms part of a larger 15-acre land parcel. It is slated for launch in FY27.• September 2025: SPL entered into another JDA for a 6.5-acre plot in North Bengaluru to launch a premium residential project with a GDV potential of about Rs 50 million. Adjacent to the upcoming state park in Yelahanka, this project is also planned for launch in FY27.Other Ongoing DevelopmentsIn July 2025, SPL announced “Codename: The One”, a mid-premium gated community in the Electronic City corridor. The project features 340 two- and three-bedroom residences with a total saleable area of around 500,000 sq ft, and a revenue potential exceeding Rs 350 crore. The development emphasises future-ready living, quality construction and sustainable design.SPL’s Markets and Development PipelineShriram Properties operates primarily in Bengaluru, Chennai, Pune and Kolkata. The company has delivered 48 projects, covering 28.3 million sq ft of saleable area.As of 30 September 2025, SPL’s development pipeline comprises 39 projects with an aggregate potential of 36 million sq ft, of which 19 million sq ft is currently under development.

Real Estate

05 Dec 2025

RBI Rate Cut Boosts Confidence Across Housing Market

Industry Context and Market DynamicsThe real estate industry has welcomed the RBI’s rate cut as a timely boost to affordability and demand. With home prices having risen steadily across major markets, even a marginal reduction in interest rates meaningfully strengthens purchasing power, especially for first-time and mid-income buyers.Ashish Jerath, President – Sales & Marketing, Smartworld Developers, observes:“The RBI’s 25-basis-point cut, bringing the repo rate down to 5.25%, is a timely boost for the real estate sector. Lower interest rates reduce borrowing costs, enabling homeb..

Infrastructure Transport

05 Dec 2025

BMC Resumes Rs 170 Billion Road Works, Targets 80 per cent By Jan 2026

Following the withdrawal of the southwest monsoon in October, the Brihanmumbai Municipal Corporation (BMC) has restarted work on 645 roads—covering 297.49 kilometres—under its large-scale concretisation programme. Data shows that more than 60 per cent of the resumed works are located in the western suburbs. Officials said the civic body aims to complete concretisation on 80 per cent of the roads where fresh work has begun by January 2026. Launched in 2022, the Rs 170 billion project seeks to concretise 700 kilometres of roads across Mumbai. All civil works were halted during the monsoon ..

Infrastructure Urban

05 Dec 2025

India Pushes Digital Shift In Urban Land Mapping

The Department of Land Resources (DoLR) under the Ministry of Rural Development has convened a National Symposium on NAKSHA – the National Geospatial Knowledge-based Land Survey of Urban Habitations – to advance India’s transition to modern, technology-driven land mapping. Speaking at the inaugural session, Secretary Manoj Joshi underscored the urgent need to move revenue departments away from outdated, tape-based methods and rough hand-drawn sketches. He stressed that adopting latitude–longitude-based digital mapping and GIS-linked registration systems is essential for economic stabi..