India, Feb. 16 -- Bengaluru-based Shriram Properties Limited (SPL) has acquired a 4-acre land parcel on Sarjapur Main Road in South-East Bengaluru and plans to develop a premium high-rise residential project there. The project will have a saleable area of approximately 5 lakh sq ft, with an estimated Gross Development Value (GDV) of Rs.550-600 crore. It is expected to be launched in the latter half of 2026.

The site offers connectivity to Sarjapur, Varthur, Whitefield and the Outer Ring Road, and is located near the upcoming Dommasandra Metro Station. The micro-market has emerged as a key residential hub driven by proximity to major IT clusters, expanding infrastructure and a mature social ecosystem, including international schools and h...