Shriram Properties Expands Bengaluru Portfolio with Strategic Land Acquisition

Shriram Properties Ltd. (

) announced the acquisition of a 4-acre land parcel on Sarjapur Main Road in South-East Bengaluru, targeting a gross development value (GDV) of ₹550-600 crore. The company plans to develop a premium high-rise residential project featuring approximately 500,000 square feet of saleable area, with a launch slated for late 2026. The site's prime location ensures strong connectivity to key areas like Sarjapur, Varthur, Whitefield, and the Outer Ring Road, bolstered by proximity to international schools and the upcoming Dommasandra Metro Station. This move aligns with robust residential demand in Sarjapur, fueled by IT hubs, infrastructure upgrades, and social amenities, as stated by VP Akshay Murali. Disclaimer: This post is for informational purposes only and not a recommendation to buy or sell any securities. I, or my family, associates, or relatives, may have a financial interest in the securities mentioned.