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.

Infrastructure Transport

06 Feb 2026

Lucknow Metro East-West Corridor Consultancy Contract Awarded

The Uttar Pradesh Metro Rail Corporation has awarded the first construction-related consultancy contract for the Lucknow Metro East West Corridor to a joint venture of AYESA Ingenieria Arquitectura SAU and AYESA India Pvt Ltd. The firm was declared the lowest bidder for the Detailed Design Consultant contract for Lucknow Metro Line-2 under Phase 1B and the contract was recommended following the financial bid. The contract is valued at Rs 159.0 million (mn), covering design services for the corridor. Lucknow Metro Line-2 envisages the construction of an 11.165 kilometre corridor connecting Cha..

Infrastructure Urban

06 Feb 2026

Div Com Kashmir Urges Fast Tracking Of Jhelum Water Transport Project

The Divisional Commissioner of Kashmir has called for the fast-tracking of the Jhelum water transport project, urging district administrations and relevant agencies to accelerate planning and clearances. In a meeting convened at the divisional headquarters, the commissioner instructed officials from irrigation, public health engineering and municipal departments to prioritise the project and coordinate survey and design work. The directive emphasised removal of administrative bottlenecks and close monitoring to ensure timely mobilisation of resources and contractors. Officials were told to in..

Infrastructure Urban

06 Feb 2026

Interarch Reports Strong Q3 And Nine Month Results

Interarch Building Solutions Limited reported unaudited results for the third quarter and nine months ended 31 December 2025, recording strong revenue growth driven by execution and a robust order book. Net revenue for the third quarter rose by 43.7 per cent to Rs 5.225 billion (bn), compared with Rs 3.636 bn a year earlier, reflecting heightened demand in pre-engineered building projects. The company’s total order book as at 31 January 2026 stood at Rs 16.85 bn, supporting near-term visibility. EBITDA excluding other income for the quarter increased by 43.2 per cent to Rs 503 million (mn),..