NEW DELHI: Shriram Properties (SPL) has entered into a joint development agreement for a seven-acre parcel of land, part of a larger 15-acre site in North Bengaluru. The company plans to develop a row house project with an estimated gross development value (GDV) of ₹600 crore.
According to Akshay Murali, Vice President of Business Development, “Yelahanka’s robust infrastructure growth and its proximity to the upcoming biodiversity park make it an ideal location for premium row houses.”
This project reiterates the company’s commitment to its asset-light growth strategy, emphasizing partnerships and efficient capital allocation in high-potential areas.
