Tag: Akshay Murali

IndustryLatest Stories

Shriram Properties to Co-Develop 9.1 Acres in Bengaluru

Representative AI image NEW DELHI: Shriram Properties (SPL) has entered into a joint development agreement (JDA) for a 9.1-acre land parcel in Doddagubbi, North-East Bengaluru. The site offers a development potential of about 6.7 lakh sq ft, with an estimated gross development value (GDV) exceeding ₹600 crore. The project is slated for launch within this financial year. Akshay Murali, Vice President – Business Development at the company, stated, “North-East Bengaluru is rapidly becoming one of the most promising residential growth areas in the city, bolstered by significant infrastructure enhancements, improved connectivity, and consistent end-user demand.” Published On Jun 15, 2026…

IndustryLatest Stories

Shriram Properties Partners on Five-Acre Project in South Bengaluru

NEW DELHI: Shriram Properties (SPL) has entered into a joint development agreement (JDA) for a five-acre land parcel located on Bannerghatta Road in South Bengaluru. According to Akshay Murali, Vice President (Business Development) at the firm, “Bannerghatta Road offers excellent connectivity, a vibrant social ecosystem, and tranquil green surroundings, making it perfect for discerning homebuyers who desire both exclusivity and convenience.” The company aims to create a villa community with an estimated gross development value (GDV) of over ₹350 crore. The project is anticipated to launch in FY26. Published On Nov 3, 2025 at 02:00 PM IST Join a community…

IndustryLatest Stories

Shriram Properties to Co-Develop Row Houses in Yelahanka

Representative AI image 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. Published…

IndustryLatest Stories

Shriram Properties to Develop 6.5 Acres in North Bengaluru

NEW DELHI: Shriram Properties (SPL) has entered into a joint development agreement for a 6.5-acre site in North Bengaluru. The company plans to launch a residential project that will encompass approximately 0.6 million sq ft, with an anticipated gross development value (GDV) of ₹500 crore. SPL reported a sales volume of 0.8 million sq ft in Q1 FY26, reflecting a 17% year-on-year increase, equating to ₹441 crore. Additionally, collections reached ₹388 crore, showing a 5% rise compared to the previous year. On the financial side, total revenue stood at ₹262 crore, maintaining a healthy gross margin of 34% and generating…