Shriram Properties Ltd has secured a four-acre land parcel on Sarjapur Main Road in Bengaluru to develop a high-rise residential project with an estimated Gross Development Value (GDV) of Rs 600 crore. The proposed development is expected to feature around five lakh square feet of saleable area, positioning it as a significant addition to Bengaluru’s expanding residential landscape. The project is slated for launch in late 2026.
Urban planners note that Sarjapur Main Road has emerged as one of Bengaluru’s key residential corridors, benefiting from proximity to major IT hubs, social infrastructure, and improved transport connectivity. Experts highlight that large-scale residential projects in such strategic locations not only cater to growing urban housing demand but also influence patterns of suburban densification and infrastructure planning. The project will introduce modern high-rise living options while providing opportunities for inclusive urban growth. Industry officials suggest that developments of this scale often incorporate enhanced amenities, energy-efficient systems, and sustainable design features, which are increasingly expected by homebuyers in India’s Tier-1 cities. By consolidating significant land parcels for integrated housing, developers can also ensure the creation of open spaces, better civic infrastructure, and organised urban layouts.
Economically, the GDV of Rs 600 crore represents a substantial investment in Bengaluru’s residential sector. Analysts say such projects stimulate local employment, drive ancillary construction and service industries, and contribute to municipal revenues. The scale of the project also signals confidence in the city’s long-term residential demand, particularly from high-income and aspirational homebuyers seeking premium housing options in well-connected suburban zones. Shriram Properties’ move aligns with a broader trend among major developers focusing on strategic land acquisitions in rapidly growing urban corridors. Senior urban development officials point out that Sarjapur Main Road and adjoining areas have become focal points for planned residential growth, helping to decongest central Bengaluru while promoting balanced suburban expansion.
With the planned launch in late 2026, the project is expected to follow a phased development approach, enabling careful integration of contemporary urban design standards, climate-resilient infrastructure, and people-first community planning. Observers emphasise that projects of this nature are likely to set benchmarks for future high-rise residential developments in Bengaluru, balancing density with sustainable living standards. As Bengaluru continues to attract domestic and global investment in real estate, developments along key corridors like Sarjapur Main Road will play a critical role in shaping the city’s housing ecosystem. The success of such projects will influence future urban planning, infrastructure provisioning, and residential market trends across the metropolitan region.
Shriram Properties Plans Major High Rise Housing Project Bengaluru
