Shriram Properties Ltd has signed a joint development agreement for five acres on Bengaluru's Bannerghatta Road to launch a premium villament project with an estimated gross development value exceeding ₹350 crore, targeting launch in FY26.

Bengaluru homebuyers are increasingly choosing villaments—hybrid properties combining villa-style living with apartment convenience—as traditional villa prices soar beyond ₹3 crore. Q3 2025 saw a 37% surge in villament demand among professionals seeking space and privacy within budget.

Puravankara Group's projects in important Indian areas have received Rs 500 crore from Piramal Enterprises. This financial infusion will concentrate on commercial and residential projects via senior secured finance, highlighting their growth potential.