Acquisition | Pre-Launch
Shriram Properties Acquires 4 Acres on Sarjapur Main Road for ₹550–600 Cr Premium High-Rise
Shriram Properties has acquired a 4-acre land parcel on Sarjapur Main Road, South-East Bengaluru, through an outright purchase transaction announced on 16 February 2026. The proposed development will comprise approximately 5 lakh sq. ft. of saleable area, with an estimated Gross Development Value of Rs 550-600 crore.
| Developer | Shriram Properties |
|---|---|
| Location | Sarjapur Main Road, South-East Bengaluru |
| Land Area | ~4 acres |
| Saleable Area (Proposed) | Approximately 5 lakh sq. ft. |
| Estimated GDV | Rs 550–600 crore |
| Implied Price Band | ₹11,000–12,000 per sq.ft |
| Product Type | Premium high-rise residential |
| Expected Launch Timeline | Latter part of 2026 |
| RERA Status (as of Sept 2026) | Not yet registered—project name and configuration sheet not yet released |
Transaction and Acquisition Timeline
Shriram Properties Limited has acquired a strategically well-located land parcel of ~4 acres on Sarjapur Main Road, South-East Bengaluru, through an outright purchase transaction. The transaction was announced on 16 February 2026. Unlike joint development agreements common in Bengaluru, this is a direct land purchase, giving the developer full control over execution and design decisions.
Project Scope and Specifications
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. The proposed development will comprise approximately 5 lakh sq. ft. of saleable area, with an estimated Gross Development Value of ~₹550-600 crores. The project does not yet have an official name, a configuration sheet or a K-RERA registration.
Location and Connectivity
The development has been thoughtfully crafted to deliver superior comfort, functionality, and aesthetics, with seamless connectivity to Sarjapur, Varthur, Whitefield, and the Outer Ring Road. Surrounded by reputed international schools and in close proximity to upcoming Dommasandra Metro Station, the development offers a seamless blend of convenience and modern urban living. Sarjapur Road is a fast-growing residential and IT corridor in the eastern and south-eastern part of Bangalore. It links Koramangala and HSR Layout to Outer Ring Road, Bellandur, and beyond to Dommasandra and Sarjapur town.
Locality Context: Sarjapur Road
Over the past decade, Sarjapur has witnessed rapid development, primarily due to its strategic location, excellent connectivity, and booming IT industry. The locality is shifting from low-rise suburban setups to large gated communities, high-rise buildings, and villa townships near IT parks and business areas. The locality is home to top-notch healthcare facilities, including Columbia Asia Hospital, Manipal Hospital Sarjapur, Motherhood Hospital, and Sakra World Hospital.
The upcoming SWIFT City project will span over 1000 acres near Sarjapur Road and will include workspaces, startups, innovation hubs, finance sectors, and tech industries. The Karnataka Industrial Areas Development Board (KIADB) is set to develop a 647-acre industrial park in Sarjapur, spanning six villages between Attibele and Sarjapur. This project, approved in February 2024, aims to address the growing demand for industrial land in Bangalore, as existing parks like Jigani, Bommasandra, and Electronic City are nearing capacity.
Developer Track Record
Shriram Properties is one of South India's leading real estate developers, with a strong presence in Bangalore, Chennai, and Kolkata, and over two decades of experience, the company has delivered more than 45 million square feet of residential and commercial spaces. A large chunk of that delivered footprint sits on or just off Sarjapur Road itself, which is why you will find multiple Shriram addresses — villas, mid-rise apartments, and villament-style communities — clustered within a few kilometres of each other here rather than scattered across the city. As of December 31, 2025, Shriram Properties has delivered 50 projects covering 30.8 million square feet and maintains a development pipeline of 42 projects with an aggregate potential of 36 million square feet.
Next Steps for Buyers
Shriram Properties has announced the land acquisition but has not released a project name, brochure or configuration sheet. The project is in acquisition and approvals phase. Launch is expected during the latter part of 2026. Prospective buyers should monitor official announcements for RERA filing, configuration details, price list, and possession timeline before committing to bookings.
Frequently asked questions
What is the official project name?
The project does not yet have an official name. Shriram Properties has announced the land acquisition but has not released a project name, brochure or configuration sheet.
What configurations will be offered?
Configuration details have not yet been released. Some third-party sites cite 2-3 BHK or 3-5 BHK based on assumptions, but these are not official disclosures from the developer.
Is the project RERA registered?
No. The project does not yet have K-RERA registration as of September 2026. RERA filing is expected closer to the formal launch in the latter part of 2026.
When will the project launch?
The project is expected to be launched during the latter part of 2026. This is the announced timeline based on the February 2026 acquisition announcement.
What is the proximity to Dommasandra Metro?
The development is in close proximity to the upcoming Dommasandra Metro Station. This station is part of Bangalore's metro expansion plans, though specific opening dates should be verified with BMRCL.
What other Shriram projects are on Sarjapur Road?
Searches for "Shriram Sarjapur Road" often return Shriram Chirping Woods, Chirping Grove, Smrithi and Malhaar, which are separate established projects. This new 4-acre acquisition is distinct from those completed or near-completion ventures.
Is this an outright acquisition or joint development?
Shriram Properties has acquired the land through an outright purchase transaction, meaning the developer owns the land outright rather than partnering with a landowner under a joint development agreement.