Acquisitions23 Apr 2025, 07:39 pm
Shriram Properties Acquires 5-Acre Land Parcel in Yelahanka, North Bengaluru for ₹200-250 Crores Row-House/Villa Development
AI Summary
Shriram Properties Limited (SPL) has announced the acquisition of a 5-acre land parcel in Yelahanka, North Bengaluru, for a proposed row-house and villa development. The project, with an estimated gross development value (GDV) of ₹200-250 crores, is expected to launch in H2-FY26. The location offers proximity to esteemed educational institutions and is witnessing significant infrastructural advancements, making it an attractive proposition for discerning homebuyers.
Key Highlights
- Strategic acquisition of a 5-acre land parcel in Yelahanka, North Bengaluru.
- Proposed development of a premium residential complex with row houses and villas.
- Estimated gross development value (GDV) of ₹200-250 crores.
- Project launch planned for H2-FY26 in one of North Bengaluru’s most coveted micro-markets.
- Location offers proximity to renowned educational institutions and rapid infrastructural advancements.