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
Equipment

Handling concrete better

Efficiently handling the transportation and placement of concrete is essential to help maintain the quality of construction, meet project timelines by minimising downtimes, and reduce costs – by 5 to 15 per cent, according to Sandeep Jain, Director, Arkade Developers. CW explores what the efficient handling of concrete entails.Select wellFirst, a word on choosing the right equipment, such as a mixer with a capacity aligned to the volume required onsite, from Vaibhav Kulkarni, Concrete Expert. “An overly large mixer will increase the idle time (and cost), while one that ..

Next Story
Real Estate

Elevated floors!

Raised access flooring, also called false flooring, is a less common interiors feature than false ceilings, but it has as many uses – if not more.A raised floor is a modular panel installed above the structural floor. The space beneath the raised flooring is typically used to accommodate utilities such as electrical cables, plumbing and HVAC systems. And so, raised flooring is usually associated with buildings with heavy cabling and precise air distribution needs, such as data centres.That said, CW interacted with designers and architects and discovered that false flooring can come in handy ..

Next Story
Infrastructure Urban

The Variation Challenge

A variation or change in scope clause is defined in construction contracts to take care of situations arising from change in the defined scope of work. Such changes may arise due to factors such as additions or deletions in the scope of work, modifications in the type, grade or specifications of materials, alterations in specifications or drawings, and acts or omissions of other contractors. Further, ineffective planning, inadequate investigations or surveys and requests from the employer or those within the project’s area of influence can contribute to changes in the scope of work. Ext..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?