Shriram Properties Limited (SPL), one of South India’s leading mid-market and mid-premium residential real estate developers, has entered into a Joint Development Agreement (JDA) for about 5 acres of land on Bannerghatta Road in South Bengaluru. The company plans to develop an exclusive villament community on the site, with an estimated gross development value (GDV) of over ₹350 crore.
Strategically located along one of Bengaluru’s most sought-after residential corridors, the upcoming project is designed to offer a refined and contemporary living experience. It will feature elegant architecture, lush green landscapes, and a range of modern lifestyle amenities. Each villament will focus on maximizing natural light and ventilation while maintaining a strong connection to the surrounding greenery—reflecting SPL’s focus on sustainable and thoughtful urban design.
The Bannerghatta Road area offers excellent connectivity, robust social infrastructure, and a blend of city convenience with natural tranquility, making it one of the most preferred destinations for homebuyers in Bengaluru.
The project is scheduled for launch in FY26 and will further strengthen Shriram Properties’ growing presence in the mid-premium housing segment across Bengaluru.
