Shriram Properties Ltd has inked a Joint Development Agreement for a 4-acre land parcel in Bengaluru’s Yelahanka area, aiming to construct 270 apartments with a revenue potential exceeding Rs 250 crore. The project, expected to be completed in three years, will bolster the company’s presence in the city. With a strong pipeline of 47 projects and 51 million square feet of saleable area, including ongoing projects covering 23.5 million square feet, Shriram Properties emphasizes an asset-light strategy for growth. Nearly 75% of ongoing projects are already sold, positioning the company as a key player in South India’s mid-market and affordable housing sectors.
Shriram Properties to Develop 270 Apartments in Bengaluru Housing Project
![](https://affairsace-media.s3.ap-south-1.amazonaws.com/2024/05/22054407/1715332244-6623-ezgif.com-avif-to-jpg-converter-1.jpg)