+
SPL Acquires Prime Land in Yelahanka for Rs 2 Bn+ Villa Project
Real Estate

SPL Acquires Prime Land in Yelahanka for Rs 2 Bn+ Villa Project

Shriram Properties Limited (SPL), one of India’s leading mid-market and mid-premium residential developers, has announced the acquisition of a prime 5-acre land parcel in Yelahanka, a sought-after neighbourhood in North Bengaluru. The company plans to develop a premium row-house and villa project on the site, with an estimated gross development value (GDV) of Rs 2–2.5 billion, targeting a project launch in the second half of FY26.

Strategically located in a fast-developing micro-market, the new project will benefit from Yelahanka’s growing reputation as a desirable residential hub. The area boasts excellent infrastructure, access to top-tier educational institutions including international schools and colleges, and robust connectivity—all contributing to its increasing appeal among urban homebuyers.

Mr Gopalakrishnan J, CEO of Shriram Properties, commented: “This strategic investment aligns with our vision to strengthen the Shriram brand’s presence in North Bengaluru—a region witnessing sustained growth. The project will be positioned as a landmark villa and row-house development, designed to meet the evolving aspirations of modern families. It underscores our commitment to creating sustainable, community-driven living spaces and marks a major milestone in our growth journey.”

Shriram Properties Limited (SPL), one of India’s leading mid-market and mid-premium residential developers, has announced the acquisition of a prime 5-acre land parcel in Yelahanka, a sought-after neighbourhood in North Bengaluru. The company plans to develop a premium row-house and villa project on the site, with an estimated gross development value (GDV) of Rs 2–2.5 billion, targeting a project launch in the second half of FY26. Strategically located in a fast-developing micro-market, the new project will benefit from Yelahanka’s growing reputation as a desirable residential hub. The area boasts excellent infrastructure, access to top-tier educational institutions including international schools and colleges, and robust connectivity—all contributing to its increasing appeal among urban homebuyers. Mr Gopalakrishnan J, CEO of Shriram Properties, commented: “This strategic investment aligns with our vision to strengthen the Shriram brand’s presence in North Bengaluru—a region witnessing sustained growth. The project will be positioned as a landmark villa and row-house development, designed to meet the evolving aspirations of modern families. It underscores our commitment to creating sustainable, community-driven living spaces and marks a major milestone in our growth journey.”

Next Story
Real Estate

No glass boxes!

India is moving away from the ‘glass box’ syndrome, all-glass façades that were widely used in commercial buildings in the last two decades but came at a significant environmental cost given the country’s predominantly hot and humid climate. Poor thermal performance, excessive heat gain and dependency on mechanical cooling systems made buildings with glass façades energy guzzlers and significantly increased their carbon footprint.That said, it’s important to be aware that “glass is not the enemy,” points out Heena Bhargava, Architect, Architecture Discipline. “How it ..

Next Story
Infrastructure Transport

Why do pavements fail?

India’s highways continue to expand at a healthy pace. But conversations on the surface quality of highways are growing louder because major deficiencies and black spots continue to be identified, and they are cause for concern.“Road surface roughness causes vehicle vibrations that, in turn, can affect the performance of drivers,” explains Dr V K Gahlot, Road Safety Auditor, Centre for Research and Sustainable Development (CfRSD). “Continuous exposure may induce fatigue, a contributory factor to road accidents. Road surface roughness also affects the vehicle operating cost...

Next Story
Infrastructure Urban

APAC Logistics Rents Fall for First Time Since 2020

Logistics rents across the Asia-Pacific region declined 0.4% year-on-year in H1 2025, marking the first annual drop since 2020, according to Knight Frank’s Logistics Highlights H1 2025 report. Despite global trade tensions and cautious occupier sentiment, India emerged as a standout performer, driven by robust manufacturing momentum and supply chain recalibration.Regional Trends and DivergenceWhile rents largely remained stable across most markets, regional differences became more pronounced:Mainland China continued to see rental declines, though the pace of decline moderated to 12.8% YoY, s..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?