Shriram Properties Ltd has expanded its footprint in Bengaluru with the acquisition of a 4-acre land parcel on Sarjapur Main Road in South-East Bengaluru. The company plans to develop a premium high-rise residential project with an estimated gross development value (GDV) of ₹550–600 crore.
According to a regulatory filing, the land has been acquired through an outright purchase transaction. The proposed project will comprise approximately 5 lakh square feet of saleable area and is expected to be launched in the latter half of 2026.
Premium Housing Push in High-Growth Micro-Market
Sarjapur Main Road has emerged as one of Bengaluru’s fastest-growing residential corridors, driven by its proximity to major IT hubs, strong social infrastructure, and expanding connectivity. The planned development is positioned to cater to premium homebuyers seeking larger layouts and high-rise living in South-East Bengaluru.
The projected GDV of ₹550–600 crore reflects the anticipated sales value of the entire 5 lakh sq ft saleable area. With steady demand for mid-to-premium housing in Bengaluru, the project is expected to contribute meaningfully to Shriram Properties’ growth pipeline over the next few years.
Strengthening Development Pipeline
Shriram Properties is among India’s established real estate developers, with a strong presence across Bengaluru, Chennai, Pune, and West Bengal. To date, the company has delivered 50 projects with a cumulative saleable area of 30.8 million square feet.
The developer currently holds a robust pipeline of 42 projects, representing an aggregate development potential of approximately 36 million square feet. The addition of the Sarjapur land parcel further strengthens its Bengaluru portfolio, which remains a key market for the company.
Focus on Scalable Growth
The acquisition aligns with Shriram Properties’ strategy of pursuing strategically located land parcels in high-demand urban markets. Bengaluru continues to see sustained end-user demand, particularly in well-connected corridors with established employment clusters.
With the project launch planned for late 2026, the company is positioning itself to capitalise on evolving housing preferences and steady urban expansion in South-East Bengaluru.
The latest land acquisition underscores Shriram Properties’ continued confidence in the city’s residential real estate fundamentals and its intent to scale premium housing offerings in core growth markets.
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