Shriram Properties (SPL) has entered into a joint development agreement (JDA) concerning a five-acre land parcel located on Bannerghatta Road in South Bengaluru.
Akshay Murali, the vice president of Business Development at the company, stated, Bannerghatta Road offers excellent connectivity, a vibrant social ecosystem, and tranquil green surroundings, making it the perfect location for discerning homebuyers who desire both exclusivity and convenience.
The company intends to create a villa community with a projected gross development value (GDV) exceeding ā¹350 crore. The project is anticipated to be launched in the fiscal year 2026.
