M MURALI, President and Managing Director, and J Gopalakrishnan, CEO, Shriram Properties | Photo credit: Bijoy Ghosh
Shiram Properties Limited, based in Bangalore, has announced the acquisition of five land acres for a project with a gross development value (GDV) or 200-250 million rupees.
The company is aimed at launching the project during H2 Fy26 in Yelahanga, Bengaluru del Norte. Plan to develop a premium residential complex with attached houses/villas in this country over the next three years.
Commenting on the developement, Gopalakrishnan J, Ceo of Shriram Properties, Said, “This Strategic Investment is Well Alled Subtainaed and robustained substantanedaned and robustained substationanedaned and robustained and robustained substantanedaned and robustained and robustained sustained and robust and robi sustained and robust and robi sustained and Robi sustained and Robi sustained and Robi held a sustained and robian path A solid project pipe to accelerate expansion, and the current acquisition serves as a key milestone on this trip.
Developments in northern Bengaluru
Recently, the North Bangalore has witnessed a great activity, with the developers of living spaces of Mahindra announcing the purchase or 8.2 acres of land through its subsidiary, developers of Anthurium. The project has a developable potential or 0.9 million square feet of alerable area and a projected GDV or almost ₹ 1,000 million rupees. In January, Godrej Properties Limited (GPL) also acquired land in northern Bengaluru, specifically in Yelahanga, for a project with an estimated income potential or ₹ 2.5 billion rupees.
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Posted on April 23, 2025
