Shriram Properties Limited (SPL), a leading developer focused on mid-market and mid-premium residential projects, has announced a Joint Development Agreement (JDA) for approximately 6.5 acres of prime land in North Bengaluru. The company plans to develop a premium residential apartment project with a saleable area of around 0.6 million square feet and an estimated Gross Development Value (GDV) of ₹500 crores.
Strategically located in Yelahanka, one of North Bengaluru’s most promising residential hubs, the project is set to be a landmark addition to the city’s skyline. Residents will enjoy scenic views of the upcoming Madapanahalli Biodiversity Park, a 154-acre green space featuring eucalyptus plantations, a medicinal garden, aviary, zoo, and tree park.
Set for launch in the next fiscal year, the project aligns with SPL’s asset-light growth strategy, further strengthening its robust project pipeline and reinforcing its growth momentum. SPL remains committed to delivering high-quality living spaces that harmonize with nature while contributing to Bengaluru’s evolving urban landscape.
This latest development underscores SPL’s focus on premium residential offerings in key locations, combining modern design with sustainable, nature-integrated living.
