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

30 May 2026

ICCPL Eyes 7,000 Real Estate Campaigns

ICCPL Group has announced plans to cross 7,000 real estate marketing campaigns by FY 2026–27, strengthening its position as a specialised PR and communications partner for the sector.Over the past 15 years, the Noida-headquartered firm has worked with more than 500 real estate companies across India. It has also been associated with over 2,500 project launches across residential, commercial, retail, mixed-use and allied segments.The company has offices in Delhi, Gurugram, Bengaluru, Mumbai, Chandigarh and Goa, along with backend operations across more than 42 cities in India and a presence i..

Infrastructure Urban

30 May 2026

Johnson Controls Heat Pumps Cut Heating Costs

Johnson Controls has reported that its commercial and industrial heat pump portfolio helped global customers reduce annual heating costs by an estimated 32 per cent in 2025, compared to conventional gas boilers. The company also said customers cut greenhouse gas emissions by 55 per cent, equal to 1.6 million metric tonnes.The heat pumps are being used across healthcare, manufacturing, municipal and district energy projects, where reliable heating, cooling and energy savings are critical. At New Aalborg Hospital in Denmark, Johnson Controls’ district cooling system helped cut electricity cost..

Infrastructure Urban

30 May 2026

Dreamfly Named Among 100 Desi Deeptechs

Dreamfly Innovations has been recognised among the ‘100 Desi Deeptechs’, an initiative by Startup Policy Forum in collaboration with MeitY Startup Hub, Startup India and Indian Institute of Technology Madras. The initiative highlights founders and companies building core technologies critical to India’s long-term growth and self-reliance.The cohort includes startups working across drones and aerospace, defence technology, cleantech, robotics, semiconductors, advanced manufacturing and electric mobility. It aims to bring deeptech founders and policymakers together to strengthen India’s ..