Shriram Properties Signs Another Landmark JDA in South Bengaluru

Shriram Properties, a leading mid-market real estate developer and mid-premium housing brand, has signed a Joint Development Agreement (JDA) for ~5 acres of land parcel in Bannerghatta Road, South Bengaluru. The Company plans to develop an exclusive villament community with an estimated GDV potential of over Rs. 350 crores.

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Strategically located in one of Bengaluru’s most sought-after residential corridors, this project will offer a refined living experience that blends elegant architecture, expansive green landscapes, and thoughtfully curated modern amenities.

Each villament will be designed to provide abundant natural light and ventilation, while maintaining a strong connection to its landscape surroundings - reflecting SPL’s commitment to creating sustainable and contemporary urban homes.

Key Highlights

• Shriram Properties signs a Joint Development Agreement (JDA) for a premium villament project in Bannerghatta Road, Bengaluru, with a GDV of Rs. 350 crore.
• The upcoming mid-premium housing project will feature elegant architecture, lush green landscapes, and sustainable urban living.
• Strengthening its asset-light development strategy, Shriram Properties continues expanding its footprint in South Bengaluru’s luxury real estate market.

The location offers exceptional connectivity, a thriving social infrastructure in Bengaluru, and a balance of urban convenience with natural tranquility, making it one of Bengaluru’s most preferred residential destinations. The project is expected to be launched during FY26 and will further strengthen SPL’s expanding mid-premium housing portfolio in Bengaluru.

This project underscores SPL’s asset-light growth strategy and its focus on value-accretive partnerships in high-demand locations, aligned with the company’s broader vision of delivering quality, community-centric, and environmentally conscious living spaces that resonate with evolving urban lifestyles.

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Commenting on the development, Akshay Murali, Vice President - Business Development, Shriram Properties, said, “At SPL, we believe great homes emerge from the perfect harmony of design, comfort, and a connection with nature. Our upcoming villaments project in South Bengaluru, one of Bengaluru’s most dynamic and desirable residential corridors, embodies this philosophy. With its excellent connectivity, vibrant social ecosystem, and serene green surroundings, Bannerghatta Road is the ideal setting for discerning homebuyers seeking both exclusivity and convenience. We are confident this development will set a new benchmark for premium living in South Bengaluru.