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Shriram Properties Signs ₹600 Crore JDA for Premium Row Housing in North Bengaluru's Yelahanka

Shriram Properties Limited has announced signing of a major Joint Development Agreement (JDA) in Yelahanka, Bengaluru on October 27, 2025, for approximately 7 acres of land, forming part of a larger 15-acre parcel in North Bengaluru. The upcoming project, with a Gross Development Value (GDV) of approximately ₹600 crore, will feature premium row houses designed to combine modern architecture with green living.

Realty News — Shriram Properties Signs ₹600 Crore JDA for Premium Row Housing in North Bengaluru's Yelahanka
Project StatusShriram Properties will launch this project in the next financial year (FY26, April 2026 onwards)
Land Area (JDA)Approximately 7 acres of land, forming part of a larger 15-acre parcel
Gross Development Value (GDV)Approximately ₹600 crore
Product TypePremium row houses project
ConfigurationNot yet disclosed; specifications will be finalized at launch and RERA registration
Possession TimelinePlanned to be developed over the next three years
RERA StatusProject is pre-RERA; RERA registration number hasn't been announced. Likely filing Q4 2025 or Q1 2026
Price BandTo be announced at launch and RERA filing
Developer Track RecordAs of March 31, 2025, the company has delivered 48 projects with a total saleable area of 26.5 million square feet

Project Overview and Status

Shriram Properties Limited announced the signing of a major Joint Development Agreement (JDA) in Yelahanka, Bengaluru, marking a new addition to its growing residential portfolio. The agreement was confirmed on October 27, 2025, for around 7 acres of land, forming part of a larger 15-acre parcel in North Bengaluru.

The development will focus on creating an exclusive community of premium row houses. Shriram Properties will launch this project in the next financial year, meaning bookings are expected to open from April 2026 onwards, pending RERA registration.

Location and Strategic Context

The project is situated in Yelahanka, a rapidly developing locality in North Bangalore. This project is strategically located beside the soon-to-open Madappanahalli Biodiversity Park, popularly called Mini Lalbagh, offering residents an unmatched view of lush greenery and open spaces.

Yelahanka, known for its robust infrastructure upgrades—including enhanced connectivity via the Outer Ring Road and proximity to major IT parks—has become a hotspot for premium residential developments. Situated just off National Highway 44, it connects seamlessly to Kempegowda International Airport, which is less than 20 kilometers away.

A Yelahanka Metro station under construction as of October 2024 is part of Phase 2B of the Blue Line of Namma Metro, scheduled to open in June 2027, further strengthening connectivity to the area.

Product Type and Expected Configuration

The company is set to develop a premium row houses project with an estimated GDV potential of about Rs 600 crore. The specific configurations—number of units, BHK breakup, and carpet areas—have not yet been disclosed.

Given the 7-acre land parcel and developer's portfolio, typical product specifications will be finalized and disclosed in the project's RERA filing. The project is pre-RERA; RERA registration number hasn't been announced. Once filed (likely Q4 2025 or Q1 2026), cost sheets and unit configurations will be public.

Pricing and Possession Timeline

No official price band has been announced. Prices are "on request" and the RERA registration number hasn't been announced. Pricing is expected to be disclosed upon RERA filing and launch.

SPL plans to develop this project land over the next three years, suggesting a completion timeline around 2028–2029. Official possession timelines will be confirmed at launch.

Developer Profile

Shriram Properties is a listed real estate firm headquartered in Bengaluru. Its operations primarily focus on the mid-market and mid-premium residential segments. The company operates across several cities, including Bengaluru, Chennai, Kolkata, and more recently, Pune.

As of March 31, 2025, the company has delivered 48 projects with a total saleable area of 26.5 million square feet. Its current pipeline includes 37 projects with a total development potential of 37.1 million square feet. Of this, 20 million square feet is under ongoing construction.

Yelahanka Locality Infrastructure and Demand

Yelahanka is on the verge of becoming the major real estate destination in North Bengaluru due to its wide, undeveloped regions and access to Kempegowda International Airport. Since its inception, Yelahanka has seen amazing infrastructural developments attracting homebuyers and real estate investors.

Yelahanka has experienced structured growth compared to many other Bangalore localities. The area benefits from wide roads, organised layouts, and clear zoning plans. These factors help reduce congestion and support long-term urban development.

Yelahanka enjoys amazing social and commercial infrastructure, including healthcare facilities, educational institutes, and entertainment options. Nearby schools include Cambridge Public School, Chrysalis High, Canadian International School, Bengaluru, Ryan International School, Yelahanka, and Aditya National Public School.

What to Expect Before Launch

Investors and homebuyers should expect the following before bookings commence:

Development phases

Phase 1 (JDA Signed)October 20257 acres secured; full 15-acre potential identifiedPhase 2 (Expected)FY26 (April 2026 onwards)RERA filing and launch; bookings expected to commencePhase 3 (Expected)2026–2029Construction and possession (3-year developmenttimeline)

Frequently asked questions

When will the project be officially launched?

Shriram Properties will launch this project in the next financial year (FY26, April 2026 onwards), pending RERA registration.

How much land has been acquired?

Approximately 7 acres of land, forming part of a larger 15-acre parcel in North Bengaluru.

What is the expected total value and per-unit pricing?

The project has a Gross Development Value (GDV) of approximately ₹600 crore. Per-unit pricing will be disclosed at launch and RERA filing.

How long will construction take?

SPL plans to develop this project land over the next three years, suggesting possession by 2028–2029.

What makes Yelahanka a good investment location?

Yelahanka, known for its robust infrastructure upgrades—including enhanced connectivity via the Outer Ring Road and proximity to major IT parks—has become a hotspot for premium residential developments. Situated just off National Highway 44, it connects seamlessly to Kempegowda International Airport, which is less than 20 kilometers away.

When will RERA registration occur?

RERA filing likely Q4 2025 or Q1 2026. Cost sheets and unit configurations will be public once filed.

What types of homes will be offered?

The company is set to develop a premium row houses project. Specific configurations and BHK options will be disclosed at launch and RERA registration.

Sources

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