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

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

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 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.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

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.

Next Story
Infrastructure Urban

IHC and Adani to Invest US$11.5 bn in Odisha Aluminium Project

Abu Dhabi's International Holding Company (IHC) will invest US$11.5 bn in an integrated aluminium project in the eastern Indian state of Odisha in a joint venture with the Adani Group, a state official said. The official said the announcement represented the country's largest foreign investment in mining and metallurgy. Officials said the venture would span both mining and metallurgical activities across several facilities in the state. The project has been described as integrated, encompassing upstream bauxite extraction and downstream smelting and metallurgy, and is intended to develop a com..

Next Story
Infrastructure Transport

Air India and SIAEC to Explore MRO Joint Venture in India

Air India and SIA Engineering Company (SIAEC) have signed a memorandum of understanding (MoU) to explore the formation of a maintenance, repair and overhaul joint venture in India. The MoU, signed on Friday, will examine collaboration to develop India as a global aviation MRO hub and to serve growing needs across the Indian and regional markets. SIA Engineering Company, part of the Singapore Airlines Group which holds a 25.1 per cent stake in Air India, will bring technical expertise alongside Air India's established airline operations network. The partnership builds on existing cooperation be..

Next Story
Infrastructure Transport

Assam and Centre Review Aviation Projects Push Silchar Airport Approval

Assam and the Centre on Thursday, July two reviewed a series of aviation infrastructure projects aimed at strengthening air connectivity across the state, with the proposed greenfield airport at Silchar emerging as a key priority. The review formed part of broader efforts to position Assam as a major aviation and logistics hub for the north east. Officials outlined timelines and preparatory work that they said would guide the next stages of project approvals. The Chief Minister met the Union Civil Aviation Minister at Rajiv Gandhi Bhavan in New Delhi and described the meeting as very productiv..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement