Shriram Properties Acquires Prime Land In Yelahanka For Rs 200 Cr Villa Project

Shriram Properties (SPL), one of South India’s leading residential real estate developers, has announced the acquisition of a prime ~5-acre land parcel in Yelahanka, North Bengaluru. The company plans to develop a premium residential complex comprising row houses and villas, with a gross development value (GDV) estimated between Rs 200 and Rs 250 crore. The project is slated for launch in the second half of FY26.

Situated in one of North Bengaluru’s most desirable micro-markets, the proposed development is set to become a landmark residential community. The area boasts proximity to renowned educational institutions, including top international schools and colleges, making it highly attractive for families. Furthermore, rapid infrastructure upgrades are expected to boost connectivity and overall livability in the region.

“This strategic investment is well aligned with our objective of strengthening the Shriram brand's footprint in North Bengaluru,” said Gopalakrishnan J, CEO, Shriram Properties. “The region shows sustained growth potential, and this acquisition marks a significant milestone in our mission to deliver high-quality, community-centric developments.”

Premium Living in a Rapidly Growing Locale

The upcoming project will cater to homebuyers seeking luxury living with the advantages of urban connectivity and community living. With key arterial roads, commercial hubs, and social infrastructure evolving rapidly around Yelahanka, the region has seen a spike in interest from both investors and end-users.

SPL’s entry into this micro-market aligns with its broader strategy to scale up in mid-market and mid-premium residential segments, leveraging the brand’s legacy and commitment to innovation and sustainable urban design.

“We are on an ambitious growth path,” Gopalakrishnan added, “and this project underscores our commitment to redefine urban living experiences in one of Bengaluru’s most promising corridors.”

With this acquisition, SPL further strengthens its robust project pipeline and reaffirms its commitment to building sustainable, vibrant communities that resonate with evolving urban aspirations.