Shriram Properties signs JDA for land in North Bengaluru to develop ₹600 crore project
Shriram Properties has signed a Joint Development Agreement (JDA) for a 15-acre prime land parcel in North Bengaluru, with the first phase covering 7 acres. The company plans to develop a premium row houses project with an estimated gross development value (GDV) of ₹600 crore.
Strategically positioned in one of North Bengaluru’s most coveted micro-markets, the upcoming project is designed to offer an exclusive row-house living experience that blends modern architecture with sustainable and nature-inspired design principles.
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The move aligns with the company’s strategy to go asset-light through partnerships and efficient capital deployment in high-potential locations.
Commenting on the development, Akshay Murali, Vice President – Business Development at Shriram Properties, said, “ Yelahanka’s strong infrastructure growth and proximity to the upcoming biodiversity park make it an exceptional location for premium row houses. We are confident this development will redefine the residential landscape in North Bengaluru.”
Published on October 27, 2025
