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Shriram Properties Inks JDA for 4 Acre Land at Yelahanka, Bengaluru

May 30, 2024

By: BlinkX Research Team

Shriram Properties on Tuesday, May 21 signed a Joint Development Agreement (JDA) for the development of a prime 4-acre land near Yelahanka, Bengaluru. The project will comprise 270 apartments with a saleable area of 3.8 lakh sq ft and a revenue potential of over 250 crore rupees.

Key Takeaways from Shriram Properties:

• Shriram Properties signed a JDA for 4-acre land near Yelahanka, Bengaluru.
• The project will comprise 270 apartments with a revenue potential of over 250 crore rupees.
• It is expected to be developed in the next 3 years.

The project is expected to be developed in the next 3 years and is aimed to be launched during the first half of the Financial Year 2024-25.

This project will help strengthen the company’s overall pipeline and support in strengthening growth momentum. 

About Shriram Properties Limited:

Shriram Properties Limited one of South India's leading residential real estate development companies focuses primarily on the mid-market and affordable housing categories.  It is part of the Shriram Group, a prominent business group with four decades of operating history in India. The company’s key markets include Bangalore, Chennai and Kolkata, which altogether account for nearly 85% of its development activities.

Read More About Shriram Properties Limited Share Price Here!