Shriram Properties Ltd has signed a Joint Development Agreement (JDA) to develop a 4-acre housing project in Bengaluru. Located in the coveted micro market of Yelahanka, this project has an estimated revenue potential of INR 250 Crore.
The upcoming housing development will consist of 270 apartments with a saleable area of approximately 3.8 Lakh-SqFt. Shriram Properties aims to launch this project in H1-FY25 and is expected to be completed within 3 years.
Also Read: Key Upcoming Projects by Rajapushpa Properties Pvt Ltd (RPPL)
The company’s Chairman and Managing Director, Murali Malayappan, highlighted that this investment aligns with their goal of increasing their footprint within the city. This venture will further strengthen Shriram Properties’ overall pipeline and contribute to sustaining its growth momentum.
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Disclaimer: The information herein is based upon information obtained in good faith from sources believed to be reliable. All such information and opinions can be subject to change. Furthermore, The image featured in this article is for representation purposes only. It does not in any way represent the project. If you wish to remove or edit the article, please email editor@biltrax.com.
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