Realty firm Shriram Properties Limited has partnered with a landowner to develop a 6.5-acre housing project in Bengaluru with an estimated revenue of around ₹500 crore.
In a regulatory filing on Friday, the company informed that it has signed a Joint Development Agreement for a 6.5-acre prime land in North Bengaluru.
The company will develop a premium residential project with a saleable area of about 0.6 million square feet and an estimated GDV (gross development value) potential of about ₹500 crore.
Shriram Properties Ltd is one of the leading real estate firms in the country. It has so far delivered 48 projects with a saleable area of 28.3 million square feet in Bengaluru, Chennai and Kolkata.
The company is currently developing 19 million square feet areas.
Published on September 5, 2025