Shriram Properties to Launch Rs 600 Crore Premium Row Housing Project in North Bengaluru

Shriram Properties, one of South India’s leading real estate developers, has entered into a joint development agreement (JDA) with a landowner to develop a premium row housing project in North Bengaluru. The project will span seven acres and is expected to have a gross development value (GDV) of approximately Rs 600 crore.

According to the company, the project will be launched in the next financial year and will cater to the growing demand for premium residential options in North Bengaluru. The region has witnessed rapid infrastructure growth in recent years, supported by enhanced road connectivity, metro expansion, and proximity to key business corridors. These developments have made it one of the most preferred residential destinations in Bengaluru.

Akshay Murali, Vice President – Business Development at Shriram Properties, highlighted that the upcoming biodiversity park in the vicinity adds significant appeal to the project. He stated that the combination of natural surroundings, premium design, and accessibility makes this location ideal for row houses, appealing to both end-users and investors.

Shriram Properties has been actively expanding its footprint across Bengaluru through a mix of joint ventures and joint development models. The company’s focus on premium and mid-segment housing has been instrumental in driving its growth, aligning with the increasing preference for well-planned gated communities in metro cities.

This upcoming project is expected to further strengthen Shriram Properties’ position in Bengaluru’s luxury housing segment. Industry experts believe that the developer’s strong track record, combined with the location’s infrastructure potential, will ensure strong market response once launched.

North Bengaluru continues to attract large-scale residential and commercial investments due to its proximity to the airport, tech parks, and emerging social infrastructure. The addition of a premium row housing project by Shriram Properties is likely to elevate the region’s urban landscape and offer a new benchmark in design and lifestyle.