Shriram Properties Signs JDA for ₹600 Crore Premium Row Housing Project Near Yelahanka

Shriram Properties Ltd has entered into a joint development agreement to create a premium row housing project in North Bengaluru, which is expected to generate a revenue potential of ₹600 crore, according to company officials. The project will be developed on over 7 acres of land, forming part of a larger 15-acre land parcel near Yelahanka.

Strategic Location in Growing Corridor

The upcoming real estate project in Bangalore will be situated near Yelahanka, a rapidly developing corridor recognized for its infrastructure development and proximity to the proposed Biodiversity Park. Company representatives stated that the project is scheduled for launch in the next fiscal year and will feature modern amenities integrated with green surroundings to meet evolving urban lifestyle preferences.

Company's Track Record and Pipeline

Shriram Properties has successfully delivered 48 projects covering approximately 28.3 million square feet, with a predominant focus on Bengaluru and Chennai markets. As of September 2025, the company's development portfolio comprises 39 projects with a combined potential of 36 million square feet, of which 19 million square feet is currently under active development.

Recent Project Launches and Expansion Strategy

Earlier this year, the developer launched a project in Electronic City featuring 340 premium apartments with a sky terrace, targeting a revenue potential of ₹350 crore. The company has outlined ambitious growth targets, aiming to double its sales to ₹5,000 crore, triple revenue to ₹3,000 crore, and quadruple profits to exceed ₹250 crore over the next three years.

Shriram Properties is expanding its operational presence across five cities, with strategic emphasis on plotted development projects and premium residential homes in key growth corridors throughout South India. This expansion of Bengaluru's development limits is expected to create additional opportunities for developers in the region.

Disclaimer: This news is based on information from publicly available sources and has been rewritten for informational purposes. Readers are advised to verify details independently and consult with real estate professionals before making any investment decisions. Property prices, project timelines, and company plans mentioned are subject to change.