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

25 Apr 2025 CW Team

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.”

Building Material

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