Shriram Properties Ltd (SPL), a leading mid-market and mid-premium focused residential developer, has acquired a strategically located four-acre land parcel on Sarjapur Main Road in South-East Bengaluru through an outright purchase.
The company plans to develop a premium high-rise residential project on the site, further strengthening its footprint in one of Bengaluru’s fastest-growing housing corridors.
The proposed development will have around five lakh sq. ft. of saleable area, with an estimated Gross Development Value (GDV) of ₹550–600 crore. The project is expected to be launched in the latter part of 2026.
Strategically positioned with seamless connectivity to Sarjapur, Varthur, Whitefield and the Outer Ring Road, the project is designed to offer superior comfort, functionality and aesthetics. The site is surrounded by reputed international schools and is located close to the upcoming Dommasandra Metro Station, enhancing its appeal for urban homebuyers seeking convenience and modern living.
This acquisition marks another milestone in SPL’s growth strategy, strengthening its development pipeline and reinforcing its expansion momentum in Bengaluru. The addition aligns with the company’s approach of entering high-demand micro-markets with strong end-user fundamentals and long-term visibility.
Sarjapur continues to witness sustained residential demand, driven by proximity to major IT hubs, improving infrastructure and a well-developed social ecosystem.
Akshay Murali, Vice President – Business Development, said: “South-East Bengaluru, particularly the Sarjapur belt, continues to be one of the most resilient and high-growth residential markets in the city. This acquisition reinforces our confidence in the micro-market and our commitment to expanding our portfolio with well-located, scalable projects that cater to evolving homebuyer aspirations. We remain focused on delivering thoughtfully designed, community-centric homes in high-potential urban corridors.”