Shriram Properties Launches 6.5-Acre Residential Project in North Bengaluru | ₹500 Cr GDV Development
Strategic Expansion in Bangalore’s Growth Corridor
Shriram Properties has announced a joint development agreement for a 6.5-acre residential project in North Bengaluru, marking a significant expansion in one of the city’s fastest-growing corridors. The upcoming apartment community will span approximately 0.6 million Sqft of saleable area, with an estimated Gross Development Value (GDV) of ₹500 crore.
This move aligns with Shriram’s strong Q1 FY26 performance, where the company reported sales of 0.8 million Sqft valued at ₹441 crore, and a net profit of ₹20.6 crore. The new development is expected to further strengthen their presence in the premium residential segment of North Bangalore.
Project Highlights
- Location: Strategic parcel in North Bengaluru
- Land Size: 6.5 acres
- Saleable Area: ~0.6 million Sqft
- Estimated GDV: ₹500 crore
- Development Model: Joint Development Agreement
- Developer Performance: ₹441 Cr sales in Q1 FY26 ₹20.6 Cr net profit.
Location Advantage
- Proximity to Kempegowda International Airport
- Easy access to STRR, Aerospace SEZ, and upcoming metro stations
- Surrounded by top schools, tech parks, and plotted developments
- Ideal for urban professionals, investors, and families seeking long-term value
Why It Matters for Buyers & Investors
This project reinforces North Bengaluru’s position as a high-growth residential zone. With rising demand for gated communities and premium apartments near the airport corridor, Shriram’s new launch is expected to attract both end-users and investors.
At LavishLiving.Homes, we spotlight developments that combine lifestyle, connectivity, and appreciation potential — and this project checks all three boxes.
