Joint Venture3 Nov 2025, 11:14 am
Shriram Properties Signs JDA for 5 Acre Land in Bannerghatta for Premium Villaments Project
AI Summary
Shriram Properties Limited has signed a Joint Development Agreement (JDA) for a 5-acre land parcel in Bannerghatta Road, South Bengaluru. The company plans to develop an exclusive villament community with a GDV potential of over INR 350 crores. The project, expected to be launched during FY26, will offer a refined living experience, blending elegant architecture, expansive green landscapes, and modern amenities. The location offers exceptional connectivity and a thriving social infrastructure, making it one of Bengaluru’s most preferred residential destinations.
Key Highlights
- Shriram Properties signs a JDA for a 5-acre land parcel in Bannerghatta Road, South Bengaluru
- The company plans to develop a premium villament community with a GDV potential of over INR 350 crores
- The project is strategically located in one of Bengaluru’s most sought-after residential corridors
- The project is expected to be launched during FY26 and will strengthen SPL’s expanding mid-premium housing portfolio in Bengaluru
- The development underscores SPL’s asset-light growth strategy and its focus on value-accretive partnerships in high-demand locations