New Launch
Shriram Properties Acquires 4 Acres on Sarjapur Road; Targets Late-2026 Launch with ₹550–600 Cr GDV
Shriram Properties has completed an outright acquisition of approximately 4 acres on Sarjapur Main Road, South-East Bengaluru, and announced plans to develop a premium high-rise residential project with a gross development value of ₹550–600 crores. The project is targeted for launch in the latter part of 2026.
| Developer | Shriram Properties Limited (listed, mid-market and mid-premium focus) |
|---|---|
| Location | Sarjapur Main Road, South-East Bengaluru |
| Land Area | Approximately 4 acres (outright purchase, not joint development) |
| Saleable Area | Approximately 5 lakh sq.ft |
| Estimated GDV | ₹550–600 crores |
| Product Type | Premium high-rise residential apartments; 2 and 3 BHK configurations planned |
| Indicative Unit Count | Approximately 280–330 units (derived from 5 lakh sq.ft at typical unit sizes of 1,500–1,800 sq.ft) |
| Launch Timeline | Latter part of 2026 (subject to plan sanction and K-RERA registration) |
| Possession Timeline | Indicatively 2030–31 based on typical Bengaluru high-rise cycles; not yet officially announced |
| K-RERA Status | Not yet registered (as of September 2026); registration expected before launch |
Project Overview
Shriram Properties Limited acquired a strategically well-located land parcel of approximately 4 acres on Sarjapur Main Road, South-East Bengaluru, through an outright purchase transaction. The project is expected to be launched during the latter part of 2026.
The proposed development will comprise approximately 5 lakh sq.ft of saleable area, with an estimated Gross Development Value (GDV) of approximately ₹550–600 crores. The company plans to develop a premium high-rise residential project on the site, further strengthening its presence in one of Bengaluru's fastest-growing residential corridors.
Product Configuration and Pricing
The project is planned to offer thoughtfully designed 2 and 3 BHK apartments. Approximately 280 to 330 units are expected, derived from around 5 lakh sq.ft of saleable area at an average unit size of 1,500–1,800 sq.ft, with a floor area ratio of roughly 2.87 on four acres indicating two or three high-rise towers.
Based on the stated GDV of ₹550–600 crore over roughly 5 lakh sq.ft of saleable area, pricing is expected broadly in line with the Sarjapur Road average of around ₹12.2K/Sq.Ft. Apartment sizes will be announced soon, and the starting price is available on request.
Connectivity and Locality Context
The site is strategically located with seamless connectivity to Sarjapur, Varthur, Whitefield, and the Outer Ring Road. Sarjapur Road sits at the crossroads of major IT corridors such as Whitefield, Electronic City, and the Outer Ring Road (ORR), with thousands of professionals commuting to these hubs every day, fueling steady demand for quality homes.
Sarjapur continues to witness sustained residential demand, driven by proximity to major IT hubs, improving infrastructure, and a well-developed social ecosystem. The site is located close to the upcoming Dommasandra Metro Station, further enhancing accessibility.
Market and Infrastructure Outlook
Locality average on Sarjapur Road currently sits around ₹12.2K/Sq.Ft., one of the pricier corridors in South-East Bengaluru given its IT-hub proximity. Sarjapur Road has shown steady 8–12% annual price appreciation over the past three years, driven by continued IT expansion in Whitefield and ORR, plus infrastructure upgrades like the metro extension.
Namma Metro Phase 3A is the 37 km, 28-station Hebbal–Sarjapur corridor budgeted at ₹28,405 crore, with Dommasandra as an approved station. The Karnataka State Cabinet approved it on 6 December 2024 and it awaits Union Cabinet approval, expected by end-2026. No construction tender had been issued as of Q1 2026; construction is expected around 2027–28 with completion targeted for 2032–33.
Developer Profile
Shriram Properties Ltd (SPL) is one of India's leading residential real estate developers, focused on the mid-market and mid-premium segments. SPL's key markets include Bangalore, Chennai, Pune and West Bengal. SPL has demonstrated track-record having delivered 50 projects with a saleable area of 30.8 msf, mostly in Bengaluru and Chennai and in recent years at West Bengal. SPL has a strong development pipeline comprising of 42 projects with an aggregate development potential of 36 msf, including 18 msf of ongoing projects, as of December 31, 2025.
Current Status and Next Steps
Shriram Properties completed the outright purchase of the approximately 4-acre parcel on Sarjapur Main Road in February 2026. Construction has not started. No excavation, no plan sanction, and no RERA registration exist yet for this site. The company has only stated its intent to launch during the latter part of 2026 — actual ground-breaking would typically follow plan approvals and RERA filing, so realistically construction activity is unlikely to begin before late 2026 or early 2027.
The developer will now move to obtain necessary approvals and initiate planning and design work ahead of a formal launch, with sales and marketing to be announced in due course.
Frequently asked questions
What is the exact location of the Shriram Sarjapur project?
The project is located on a strategically well-located land parcel of approximately 4 acres on Sarjapur Main Road, South-East Bengaluru.
What is the expected launch date?
The project is expected to be launched during the latter part of 2026. No plan sanction and no RERA registration exist yet for this site; construction activity is unlikely to begin before late 2026 or early 2027.
How many apartments are expected in the project?
Approximately 280 to 330 units are expected, derived from around 5 lakh sq.ft of saleable area at an average unit size of 1,500–1,800 sq.ft, with a floor area ratio of roughly 2.87 on four acres indicating two or three high-rise towers.
What is the price range for units?
Based on the stated GDV of ₹550–600 crore over roughly 5 lakh sq.ft of saleable area, pricing is broadly expected in line with the Sarjapur Road average of around ₹12.2K/Sq.Ft., but treat this as an estimate, not a confirmed figure.
Is the project registered with K-RERA?
The project does not yet have an official name, a configuration sheet or a K-RERA registration — what it has is a dated, exchange-disclosed set of numbers that you can check.
What connectivity does the site offer?
The site is strategically located with seamless connectivity to Sarjapur, Varthur, Whitefield, and the Outer Ring Road. It is also located close to the upcoming Dommasandra Metro Station, further enhancing accessibility.
What makes Sarjapur Road attractive for residential development?
Sarjapur Road sits at the crossroads of major IT corridors such as Whitefield, Electronic City, and the Outer Ring Road (ORR), with thousands of professionals commuting to these hubs every day, fueling steady demand for quality homes.