Shriram Properties acquires 4-acre land on Sarjapur Road, plans ₹600 crore premium high-rise project in Bengaluru

Bengaluru real estate: Shriram Properties plans to build a premium high-rise residential project with a saleable area of around 5 lakh sq ft

Updated on: Feb 16, 2026, 14:32:42 IST

Written by Souptik Datta

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Bengaluru-based Shriram Properties Limited (SPL) has acquired a 4-acre land parcel on Sarjapur Main Road in South-East Bengaluru and plans to develop a premium high-rise residential project there. The project will have a saleable area of approximately 5 lakh sq ft, with an estimated Gross Development Value (GDV) of ₹550–600 crore. It is expected to be launched in the latter half of 2026.

Shriram Properties Limited has acquired a 4-acre parcel on Sarjapur Main Road in Bengaluru to develop a premium high-rise project spanning 5 lakh sq ft with an estimated GDV of ₹550–600 crore, slated for launch in H2 2026. (Picture for representational purposes only) (File Photo )

The site offers connectivity to Sarjapur, Varthur, Whitefield and the Outer Ring Road, and is located near the upcoming Dommasandra Metro Station. The micro-market has emerged as a key residential hub driven by proximity to major IT clusters, expanding infrastructure and a mature social ecosystem, including international schools and healthcare facilities.

“This acquisition marks another important milestone in SPL’s growth strategy, strengthening its robust pipeline and reinforcing its growth momentum in Bengaluru. This addition aligns with the company’s approach of expanding into high-demand micro-markets with strong end-user fundamentals and long- term visibility. Sarjapur continues to witness sustained residential demand, driven by proximity to major IT hubs, improving infrastructure, and a well-developed social ecosystem,” the company said.

Also Read: Shriram Properties partners with landowner for ₹500 crore housing project in North Bengaluru

Akshay Murali, Vice President – Business Development at Shriram Properties, said South-East Bengaluru, particularly the Sarjapur belt, remains one of the most resilient and high-growth residential markets in the city. “This acquisition reinforces our confidence in the micro-market and our commitment to expanding our portfolio with well-located, scalable projects that cater to evolving homebuyer aspirations. We remain focused on delivering thoughtfully designed, community-centric homes in high-potential urban corridors.”

Also Read: Shriram Properties to develop row housing project in north Bengaluru worth ₹600 crore

Previous transactions

Earlier, SPL launched a new residential project in south Bengaluru’s Electronic City with a revenue potential of over ₹350 crore. The project, Codename: The One, will feature 340 premium 2 and 3 BHK apartments with a total saleable area of approximately 5 lakh square feet. The project is expected to be developed in three years.

The project will include South Bengaluru’s largest sky terrace, the company said. Strategically located near Bommasandra Metro Station and medical firm Narayana Hrudayalaya, the project is close to major IT and tech hubs, the company said.

To date, the company has expanded its presence to five cities, delivering about 44 projects spanning 24.4 million square feet.

ABOUT THE AUTHOR
Souptik Datta
Souptik Datta is a deputy chief content producer at Hindustan Times Digital, where he reports on southern India with a focus on real estate, urban infrastructure and environmental urban issues. His coverage tracks the intersection of policy, capital flows, regulation and sustainability, examining how these forces shape housing markets, commercial real estate and large-scale infrastructure development across rapidly transforming cities. He also closely tracks civic issues affecting urban residents, including property taxation, planning approvals, public transport expansion, water stress, waste management and the governance challenges that influence everyday life in India’s metros. Souptik’s reporting is driven by a strong interest in accountability, consumer rights and the lived realities of homebuyers and investors navigating volatile pricing cycles, regulatory changes and project delivery risks. He frequently analyses project launches, land monetisation strategies, planning frameworks, RERA-related developments and the broader implications of infrastructure investments on emerging growth corridors. His work blends on-ground reporting with data-backed analysis and long-form explainers aimed at demystifying complex real estate and infrastructure developments for readers. He is an alumnus of the Indian Institute of Journalism and New Media. Before joining Hindustan Times Digital, Souptik was associated with Moneycontrol at Network 18, where he covered real estate, infrastructure and allied sectors, producing market insights, policy-led stories and in-depth features. Outside the newsroom, Souptik is an avid solo traveller and documentary enthusiast, exploring diverse regions and visually documenting unique narratives through film and photography. In his early career, Souptik also freelanced as a documentary photographer, independently working on visual storytelling projects that captured grassroots narratives, urban change and everyday life. He can be reached at souptik.datta@htdigital.in.Read More

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