Shriram Properties Partners for ₹500 Crore Bengaluru Project.

Shriram Properties Limited has entered into a new partnership to develop a 6.5-acre residential project in North Bengaluru, with an estimated revenue potential of approximately ₹500 crore.

In a regulatory filing on Friday, the real estate firm announced that it has signed a Joint Development Agreement with the landowner. The company plans to build a premium residential project with a total saleable area of about 0.6 million square feet.

This new project aligns with Shriram Properties' strategy of expanding its portfolio in key South Indian markets. The gross development value (GDV) potential of ₹500 crore highlights the scale of the venture and its expected contribution to the company's financial growth.