SPL acquires Yelahanka plot for Rs 2 billion villa project
Real Estate

SPL acquires Yelahanka plot for Rs 2 billion villa project

Shriram Properties (SPL) has acquired a prime five-acre land parcel in Yelahanka, North Bengaluru, to develop a premium row-house and villa project with a projected gross development value (GDV) of Rs 2 to 2.5 billion. The launch is targeted for the second half of FY26, with completion planned over three years.

The project site is located in one of North Bengaluru’s fastest-growing micro-markets, surrounded by reputed educational institutions and upcoming infrastructure upgrades that are expected to enhance accessibility and regional connectivity. These developments are anticipated to boost the area’s appeal for families seeking modern yet community-driven living spaces.

SPL views this acquisition as a strategic step in its broader expansion plan, aimed at strengthening its presence in the mid-market and premium residential segments.

“This strategic investment is well aligned with our objective of strengthening the Shriram brand's footprint in North Bengaluru, a region demonstrating sustained and robust growth potential,” said Gopalakrishnan J, CEO, Shriram Properties. “We shall endeavour to position and launch this project as a landmark villa development during H2-FY26.”

                                                                                                                                              

Shriram Properties (SPL) has acquired a prime five-acre land parcel in Yelahanka, North Bengaluru, to develop a premium row-house and villa project with a projected gross development value (GDV) of Rs 2 to 2.5 billion. The launch is targeted for the second half of FY26, with completion planned over three years.The project site is located in one of North Bengaluru’s fastest-growing micro-markets, surrounded by reputed educational institutions and upcoming infrastructure upgrades that are expected to enhance accessibility and regional connectivity. These developments are anticipated to boost the area’s appeal for families seeking modern yet community-driven living spaces.SPL views this acquisition as a strategic step in its broader expansion plan, aimed at strengthening its presence in the mid-market and premium residential segments.“This strategic investment is well aligned with our objective of strengthening the Shriram brand's footprint in North Bengaluru, a region demonstrating sustained and robust growth potential,” said Gopalakrishnan J, CEO, Shriram Properties. “We shall endeavour to position and launch this project as a landmark villa development during H2-FY26.”                                                                                                                                              

Next Story
Resources

Gyproc India concludes ‘Beyond Dimensions’ design challenge

Gyproc India successfully hosted the finale of its flagship national design challenge, ‘Beyond Dimensions with Gyproc’, in Mumbai. Aimed at nurturing sustainability-focused innovation among young architects and designers, the event drew over 800 teams from 120 colleges across India. The Top 8 finalists presented forward-thinking concepts to a jury comprising Ar. Kavitha Selvaraj, Ar. Manish Dikshit, and Shailee Goswami. The top three winning teams—Anurag Singh & Kashish Gala (Rachana Sansad), Afeefah Hoda & Keerthi S, and Naveen Raja & Mohamed Yahya (RVS Padmavathy)—will now head to D..

Next Story
Infrastructure Energy

Stride Green raises US$3.5 million in seed round

Stride Green, a climate-tech asset financing and lifecycle management platform, has raised US$3.5 million in a seed funding round led by Micelio Technology Fund and Incubate Fund Asia, along with other strategic investors. The capital will help scale Stride Green’s tech-driven financing and leasing offerings across clean sectors like electric mobility, battery storage, and renewables. Funds will also support team expansion and future capability building. Founded by Ishpreet Gandhi and Vivek Jain, Stride Green aims to bridge financing gaps in early-stage clean technologies. Its proprietary ..

Next Story
Infrastructure Transport

CM Fadnavis opens last stretch of 701-km Samruddhi Mahamarg

Maharashtra Chief Minister Devendra Fadnavis inaugurated the final 76-km stretch of the Hinduhrudaysamrat Balasaheb Thackeray Maharashtra Samruddhi Mahamarg on 5th June 2025, marking the full commissioning of the 701-km Mumbai-Nagpur expressway. The inauguration ceremony, held in Thane district, was attended by Deputy Chief Ministers Eknath Shinde and Ajit Pawar, along with key officials linked to the project. The newly opened Igatpuri–Amane section completes the six-lane, access-controlled corridor designed to enhance high-speed connectivity across the state. With the expressway n..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?