Shriram Properties Buys 4 Acres in Bengaluru
Representative image NEW DELHI: Shriram Properties (SPL) has successfully acquired a four-acre land parcel on Sarjapur Main Road in South-East Bengaluru through an outright purchase. The company intends to develop a high-rise residential project on this site, which is projected to encompass approximately five lakh square feet of saleable area with an estimated gross development value (GDV) of ₹550-600 crores. The launch of the project is anticipated in the latter part of 2026. Additionally, SPL has recently completed the acquisition of 100% equity shares in Shrivision Upscale Spaces on February 9, 2026, through a cash transaction at ₹10 per share…