Shriram Properties Signs ₹600 Crore JDA for Premium Row Housing Project in Yelahanka

Project Overview

Shriram Properties Limited has announced the signing of a major Joint Development Agreement (JDA) in Yelahanka, marking a new addition to its growing residential portfolio, with a project GDV of approximately ₹600 crore featuring premium row houses. The project features premium row houses beside Mini Lalbagh Biodiversity Park.

The project is scheduled for launch in the next fiscal year (FY26) and will feature modern amenities integrated with green surroundings.

Location and Connectivity

Yelahanka is emerging as a premium and preferred residential locality in North Bangalore, known for its good infrastructure, educational institutions, proximity to employment hubs, and abundance of green spaces. Yelahanka's strong infrastructure growth and proximity to the upcoming biodiversity park make it an exceptional location for premium row houses.

Yelahanka is in North Bangalore and is close to major IT workplaces, which makes life easier for those who work in IT and service companies. A Namma Metro station under construction as of October 2024 is expected to open in June 2027.

Biodiversity Park Context

The site is adjacent to an upcoming 154-acre biodiversity park in the Madappanahalli reserve forest near Yelahanka, close to Kempegowda International Airport. The proposed park will include themed zones such as the Indira Gandhi Botanical Garden, a Basavanna Medicinal Plant Grove, a bird sanctuary named after Dr B. R. Ambedkar, a mini zoo in honour of Nadaprabhu Kempegowda, and a tree garden.

The site's adjacency to the upcoming 154-acre park, featuring themed gardens, an aviary, and medicinal plant zones, adds a unique ecological dimension.

Developer and Track Record

Shriram Properties has successfully delivered 48 projects covering approximately 28.3 million square feet, with a predominant focus on Bengaluru and Chennai markets. As of September 2025, the company's development portfolio comprises 39 projects with a combined potential of 36 million square feet, of which 19 million square feet is currently under active development.

Locality Demand Context

Infrastructure development strongly supports real estate appreciation in Yelahanka. The area has witnessed consistent improvement in civic and transport facilities. Several road expansion and flyover projects have reduced traffic pressure and improved connectivity. With consistent demand and excellent infrastructure, Yelahanka delivers average rental yields of 3.5% to 4%, offering both capital appreciation and stable rental income for investors.