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…

InfrastructureLatest Stories

Karnataka Housing Board Approves 43-Acre Township in Yelahanka

BENGALURU: The Karnataka Housing Board’s (KHB) ambitious integrated township project in Chikkajala, Yelahanka, is on track despite ongoing land disputes. The project is anticipated to include a multi-storied residential complex, a commercial center, a star hotel, and office spaces. Recently, the cabinet gave its approval for the project, which will operate under a public-private partnership (PPP) model on a 43-acre site, with an estimated cost of Rs 2,930 crore. However, ownership issues regarding the land remain a concern. The land acquisition saga dates back 23 years when KHB secured 95 acres and 13 guntas across multiple survey numbers in Chikkajala…