Shriram signs Rs 6 billion row housing deal in Bengaluru

29 Oct 2025 CW Team

The project spans 7 acres and forms part of a 15-acre prime land parcel in North Bengaluru. It is slated for launch in FY27, and will feature a blend of modern architecture and sustainable design.

“At SPL, we believe great homes should offer both comfort and connection with people, place, and nature. Our upcoming Yelahanka project embodies this philosophy, combining elegant design, modern amenities, and green surroundings to create a truly enriching living experience,” said Akshay Murali, Vice-President, Business Development at Shriram Properties.

Highlighting the area’s growth potential, Murali added, “Yelahanka’s strong infrastructure growth and proximity to the upcoming biodiversity park make it an exceptional location for premium row houses. We are confident this development will redefine the residential landscape in North Bengaluru.”

In September, SPL signed another joint development agreement for a 6.5-acre site in North Bengaluru, with a GDV of Rs 5 billion, also set for launch in FY27.

Earlier, in July, the company announced ‘Codename: The One’, a mid-premium gated community in Electronic City, featuring 340 two- and three-bedroom residences across 500,000 sq ft of saleable area, with an estimated revenue potential exceeding Rs 3.5 billion.

SPL primarily operates in Bengaluru, Chennai, Pune, and Kolkata, focusing on mid-market and mid-premium residential segments. The company has delivered 48 projects totalling 28.3 million sq ft, mostly in Bengaluru and Chennai, and is now expanding in Kolkata.

As of 30 September 2025, Shriram Properties’ development pipeline includes 39 projects with an aggregate potential of 36 million sq ft, of which 19 million sq ft are currently under development.

Bengaluru-based real estate developer Shriram Properties Limited (SPL) has signed a joint development agreement (JDA) for a premium row housing project in Yelahanka, North Bengaluru, with an estimated gross development value (GDV) of around Rs 6 billion. The project spans 7 acres and forms part of a 15-acre prime land parcel in North Bengaluru. It is slated for launch in FY27, and will feature a blend of modern architecture and sustainable design. “At SPL, we believe great homes should offer both comfort and connection with people, place, and nature. Our upcoming Yelahanka project embodies this philosophy, combining elegant design, modern amenities, and green surroundings to create a truly enriching living experience,” said Akshay Murali, Vice-President, Business Development at Shriram Properties. Highlighting the area’s growth potential, Murali added, “Yelahanka’s strong infrastructure growth and proximity to the upcoming biodiversity park make it an exceptional location for premium row houses. We are confident this development will redefine the residential landscape in North Bengaluru.” In September, SPL signed another joint development agreement for a 6.5-acre site in North Bengaluru, with a GDV of Rs 5 billion, also set for launch in FY27. Earlier, in July, the company announced ‘Codename: The One’, a mid-premium gated community in Electronic City, featuring 340 two- and three-bedroom residences across 500,000 sq ft of saleable area, with an estimated revenue potential exceeding Rs 3.5 billion. SPL primarily operates in Bengaluru, Chennai, Pune, and Kolkata, focusing on mid-market and mid-premium residential segments. The company has delivered 48 projects totalling 28.3 million sq ft, mostly in Bengaluru and Chennai, and is now expanding in Kolkata. As of 30 September 2025, Shriram Properties’ development pipeline includes 39 projects with an aggregate potential of 36 million sq ft, of which 19 million sq ft are currently under development.

Resources

21 Nov 2025

Hindustan Zinc, RIICO Advance Plans for Proposed Zinc Park

Hindustan Zinc, in collaboration with the Rajasthan State Industrial Development & Investment Corporation (RIICO), held a stakeholder consultation workshop in Jaipur to advance the proposed Zinc Park, the world’s first dedicated industrial ecosystem for zinc, lead, silver, and allied metals. The initiative aims to position Rajasthan as a global hub for metals innovation and manufacturing. The workshop brought together policymakers, industrial leaders, MSMEs, technology partners, and prospective investors to refine the park’s infrastructure blueprint, policy framework, and sectoral..

Real Estate

21 Nov 2025

ANAROCK Unveils AI Platform to Transform Housing Sales

ANAROCK has recently launched ANAROCK.AI, an advanced residential sales platform integrating generative and predictive AI to accelerate property transactions and strengthen customer engagement. Built on eight years of proprietary data covering seven million enquiries and 90,000 unit sales, the platform uses machine learning to identify high-intent buyers, revive dormant leads, and enhance channel partner performance. The suite comprises nine tools across three segments—Genie Suite for 24/7 conversational engagement; Astra Suite for predictive lead scoring, sales revival and team optimisatio..

Infrastructure Energy

21 Nov 2025

Tsuyo, Karnataka Ink LOI for EV Powertrain Facility

Tsuyo Manufacturing has recently signed a Letter of Intent with the Government of Karnataka to set up an advanced EV powertrain manufacturing facility and a dedicated testing track for commercial vehicles. The agreement was formalised at the Bengaluru Tech Summit 2025 in the presence of senior state officials and company leadership. The proposed plant will produce a wide range of powertrain solutions, including electric motors across multiple topologies, e-drives, e-axles, automatic transmissions, integrated systems, and complete powertrain assemblies for heavy commercial EVs. It will also fe..