Shriram Properties signed JDA for 4 acre improvement in Bengaluru

Shriram Properties Restricted entered a Joint Growth Settlement (JDA) for a 4-acre land parcel in Yelahanka, Bengaluru. The mission will embody 270 flats with a complete saleable space of roughly 3.8 lakh sq. toes and an anticipated income potential of over ₹250 crore. The event is slated to begin throughout the first half of FY25 and is projected to take three years to finish. 

The corporate mentioned the situation affords entry to Yelahanka, Bangalore Worldwide Airport, and close by faculties, healthcare services, and stores. This mission goals to strengthen the corporate’s pipeline, which incorporates 47 initiatives with a saleable space of 51 million sq. toes.   

Murali Malayappan, CMD of SPL, mentioned, “This funding is in alignment with our purpose of accelerating our footprint throughout the metropolis and highlights our asset mild method to speed up progress. Owing to its proximity to the Airport, Yelahanka emerged as a significant micro-market, witnessing vital demand during the last 5 years. Our foremost precedence stays delivering top-notch high quality swiftly, making certain utmost satisfaction for our clients.” 

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