StockWatch
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Residential- Commercial Projects
Deals15 Jun 2026, 10:53 am

Shriram Properties Signs Bengaluru Project JDA

AI Summary

Shriram Properties Limited (SPL) has signed a Joint Development Agreement (JDA) for a 9.1-acre land parcel in Doddagubbi, North-East Bengaluru. The project will have a development potential of approximately 6.7 lakh sqft with an estimated Gross Development Value (GDV) of over ₹600 crores. This strategic location offers excellent connectivity and is expected to be launched within the current financial year. The development aligns with SPL's strategy of expanding through asset-light models in high-potential micro-markets, further strengthening its presence in Bengaluru.

Key Highlights

  • JDA signed for 9.1 acres in North-East Bengaluru.
  • Project has 6.7 lakh sqft development potential.
  • Estimated GDV potential exceeds ₹600 crores.
  • Project launch expected within the current financial year.
  • Strengthens SPL's asset-light development pipeline.