+
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.”

Related Stories

Gold Stories

Next Story
Real Estate

Peninsula Land launches 19 luxury villas in Pune

Pune’s residential landscape is witnessing a shift as premium homebuyers increasingly seek larger spaces, privacy and independent living options beyond high-rise apartments. Addressing this demand, Peninsula Land Limited, part of the Ashok Piramal Group, has launched AshokVillas, an exclusive collection of 19 premium furnished villas in Gahunje, Pune.The development combines the independence of a standalone home with the convenience and security of a managed residential community. Designed around low-density horizontal living, AshokVillas offers residents private spaces while providing acces..

Next Story
Infrastructure Urban

MyBranch Expands South India Network with 16 Workspace Centres

MyBranch has expanded its South India presence with a 50,000 sq ft flexible workspace network comprising 16 centres across 14 cities in Andhra Pradesh, Karnataka, Tamil Nadu and Telangana.The expansion reflects growing demand for flexible office infrastructure as businesses establish regional teams, satellite offices and operations beyond traditional metropolitan markets. MyBranch’s network spans Bengaluru, Coimbatore, Guntur, Hanamkonda, Hubballi, Hyderabad, Madurai, Mangaluru, Rajahmundry, Salem, Tirupati, Vellore, Vijayawada and Visakhapatnam, with a large office space in Chennai also und..

Next Story
Building Material

Walplast Launches Moisture-Resistant Gypsum Plaster Solutions

Walplast Products Pvt. Ltd. has expanded its HomeSure GypEx portfolio with the launch of GypEx MoistShield and GypEx Gold, two gypsum plaster solutions designed to address moisture-prone applications and improve plastering efficiency.The new products have been developed in response to the growing demand for faster construction processes, improved material performance and consistent surface quality. The solutions aim to simplify interior plastering while addressing specific application requirements across construction environments.“Through HomeSure GypEx MoistShield and GypEx Gold, we are exp..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code