Shriram Properties | Trusted Homes Across South India

About the Developer

Shriram Properties Ltd

Shriram Properties Ltd commenced operations in Bengaluru in the year 2000, launching its first residential project, Shriram Shriranjani, in September of that year. The company is part of the Shriram Group, a financial conglomerate founded in 1974 by R. Thyagarajan that today spans insurance, consumer finance, and wealth management. Under the leadership of Chairman and Managing Director Murali Malayappan — an alumnus of Harvard Business School — Shriram Properties has grown from a modest enterprise into a publicly listed developer on the NSE and BSE, with a CRISIL A-/Positive credit rating reaffirmed as recently as 2025.

The company's defining approach is a focus on sensible, functionality-first design aimed at salaried professionals, young families, and first-time homebuyers in the mid-market and mid-premium housing segments. Every project is developed under an ISO 9001:2015-certified quality management system, and the brand's core values — Trust, Transparency, and Governance — are encoded visually in the three progress bars of the Shriram Properties logo. This philosophy has attracted institutional capital from Walton Street Capital, Starwood Capital Group, Mitsubishi Corporation, TPG Capital, and ASK Property Fund, validating the company's governance standards and product-market fit.

As of mid-2025, Shriram Properties has delivered 51 projects spanning over 31.5 million square feet, primarily across Bengaluru and Chennai, which together account for the majority of completed development. The company also operates in Coimbatore, Visakhapatnam, and Kolkata — where a large mixed-use township, Shriram Grand City in Uttarpara, represents its East India anchor — and entered the Pune market in 2025 with Shriram Spectrum, selling 150 units within the first four weeks of launch. A pipeline of 37 active projects covering approximately 37 to 40 million square feet positions the company for continued scale.

Shriram Properties holds its ownership responsibilities seriously. In 2024, the company handed over approximately 3,000 units and plots — a new annual record — following a milestone of more than 2,000 handovers in 2023. The developer has been certified as a Great Place to Work, reflecting an internal culture that mirrors its outward community commitments. Its asset-light Development Management model, joint development agreements, and joint ventures allow the company to expand without disproportionate balance-sheet risk, keeping homes accessible and value-driven across every city it enters.

What Makes Us Different

Our Specialties

Mid-Market Residential Homes

Since 2000, Shriram Properties has focused its product range on mid-market and mid-premium apartments designed for salaried families and first-time buyers. Projects across Bengaluru and Chennai are sized and priced to maximise value per square foot, with configurations starting at compact 2 BHK formats. The company's sales-to-launch ratio has averaged approximately 40% over the period from FY18 to FY26, reflecting consistent demand for its core housing product.

Plotted Development

Shriram Properties entered plotted development in 2019 under the Shriram Earth brand, starting with a project in Mysuru. The format has since expanded to Bengaluru, including Shriram Pristine Estates on the Doddaballapura Highway — a project that delivered a 20% IRR exit to co-investor ASK Property Fund in under 18 months. Plots range from 2,700 to 4,000 sq ft, with access to curated amenities and recreational infrastructure built to community scale.

Integrated Townships

Shriram Grand City in Uttarpara, Kolkata, is one of the company's flagship integrated township developments, drawing on a 314-acre land bank in East India. The township model brings together residential, retail, and community infrastructure under a single development framework. Bengaluru projects such as Shriram Greenfields at Budigere and WYTField — spread across 11.2 acres with over 40 amenities — similarly deliver self-contained neighbourhood environments at accessible price points.

Sustainable and Green Design

Shriram Properties has pursued green building certification across key projects. Shriram Park 63 in Chennai and Shriram Southern Crest in Bengaluru both carry EDGE certification from Green Business Certification Inc. Park 63 was also recognised as Best Sustainable Project of the Year at the UBS Forums 4th Edition Sustainability Summit and Awards 2024. Energy efficiency, water conservation, and meaningful open-space ratios are built into the development brief from the design stage.

Development Management Model

Shriram Properties operates a capital-efficient Development Management model through which it manages project execution — covering sales, marketing, project management, CRM, and financial oversight — on behalf of landowners and partner developers. This model accounts for roughly 30% of annual sales volumes and enables the company to expand its geographic footprint without commensurate land acquisition cost, keeping the balance sheet disciplined while broadening the project pipeline.

Built In-House

Excellence at Every Level

Shriram Properties manages the full residential development lifecycle in-house — from land acquisition and project design through construction management, CRM, and community handover. This integrated approach, certified under ISO 9001:2015, reduces external dependencies and gives the company direct control over delivery timelines, build quality, and buyer experience at every stage.

Project Management and Construction

The company's construction management function is led by senior professionals with tenures extending back to the company's founding year. The Director of Operations for Bengaluru holds over 31 years of experience in civil engineering and construction management, having previously worked with JMC Projects, IVRCL, and Tata Consulting Engineers. This depth of in-house expertise underpins the delivery records set in 2023 and 2024, when the company handed over more than 2,000 and 3,000 units respectively in successive years.

Design and Architecture

Shriram Properties' design function is guided by its four brand pillars — Sensible, Sensitive, Stylish, and Spirited — applied from the drawing board through final fit-out. Projects demonstrate zero-space-wastage planning principles, with configurations sized for real family use rather than visual impact. The design team works to ISO 9001:2015 standards and integrates green building requirements, including EDGE certification criteria, from the concept stage across eligible projects.

Sales and Marketing

Shriram Properties' sales function operates across all active geographies through dedicated city-level teams and the Synergy Program — an open channel-partner platform for RERA-registered agents, brokers, and consultants. The company's maiden Pune project, Shriram Spectrum, sold 150 units in its first four weeks, illustrating the sales infrastructure's ability to activate new markets quickly. An NRI-dedicated sales track provides structured support for buyers based outside India.

Customer Relationship Management

Post-booking customer management is handled by a dedicated CRM and relationship-manager layer that tracks each buyer from agreement through possession. The company operates a Help Desk and named relationship managers for every registered customer, with particular attention to NRI buyers who require remote transaction support. The Shriram Honours referral program reinforces ongoing community engagement beyond the point of handover.

Finance and Investor Relations

As a listed entity on the NSE and BSE since December 2021, Shriram Properties maintains a structured investor relations function covering quarterly results, regulatory disclosures, and corporate governance reporting. The company has attracted co-investment from ASK Property Fund under a Rs 5,000 million platform signed in November 2022, and has welcomed project-level capital from Mitsubishi Corporation, Walton Street Capital, Starwood Capital Group, Kotak India Affordable Housing Fund, and TPG Capital across its portfolio.

About Shriram Properties Ltd — FAQs

Who is Shriram Properties Ltd and what is the company's background?+

Shriram Properties Ltd is a Bengaluru-headquartered residential real estate developer founded in 1995, operating as part of the broader Shriram Group — a diversified financial services conglomerate established in 1974 by R. Thyagarajan. The company was envisioned by its Chairman and Managing Director, Mr. Murali Malayappan, who holds degrees from IIM Bangalore and Harvard Business School and has over 36 years of industry experience. Shriram Properties focuses on the mid-market and mid-market premium housing segments, and has been listed on both the NSE and BSE since December 2021. Institutional investors including Walton Street Capital, Starwood Capital Group, and Mitsubishi Corporation have backed the company at various stages of its growth.

How many years of experience does Shriram Properties Ltd have and how large is its delivered portfolio?+

Shriram Properties Ltd has been active in organised real estate development since 1995, giving the company approximately three decades of on-ground experience across South and East India. The company has delivered 51 projects spanning over 31.5 million square feet, primarily across Bengaluru, Chennai, and Kolkata. As of September 2025, its active development pipeline comprised 39 projects with a total potential of 36 million square feet, including 19 million square feet under active construction.

In which cities does Shriram Properties Ltd currently have projects?+

Shriram Properties Ltd operates across multiple urban markets in India, with its primary concentration in Bengaluru, Chennai, and Kolkata. The company has also extended its footprint to Coimbatore, Visakhapatnam, and Pune, where it signed its first joint development agreement for a mixed-use project in 2024. Its portfolio spans apartments, villas, plotted developments, and integrated townships across these cities.

What are some of the most notable projects delivered by Shriram Properties Ltd?+

Among Shriram Properties Ltd's most recognised developments is Shriram Grand City in Uttarpara, Kolkata — a 314-acre integrated township envisioned to deliver 33 million square feet of residential and commercial space, including retail, healthcare, and educational facilities. In Chennai, Shriram Park 63 is an 11.78-acre master-planned integrated township on GST Road, set alongside the 1,500-acre Vandalur green reserve and home to office tenants such as Accenture and Nokia within the adjacent Gateway Office Parks. In Bengaluru, the company has delivered prominent communities including Shriram Greenfields and Shriram Chirping Grove, while recent additions include Codename: The One in the Electronic City corridor, comprising 340 apartments across approximately 500,000 square feet.

What quality standards and systems does Shriram Properties Ltd follow in its construction processes?+

Shriram Properties Ltd conducts all its business processes in accordance with the requirements of ISO 9001:2015, committing to continual improvement of its quality management systems. The company's stated quality policy covers design layouts, amenities, safety, durability, security, cost control, and timely delivery. Its construction leadership team has deep experience drawn from firms including Larsen and Toubro, JMC Projects, and Tata Consulting Engineers, bringing structured engineering discipline to each project.

How has Shriram Properties Ltd grown its investor base and institutional credibility over time?+

Shriram Properties Ltd has raised over $642 million in funding across twelve rounds from institutional investors including the ASK Group, Tata Opportunities Fund, Motilal Oswal, and Kotak Realty Fund. Mitsubishi Corporation invested ₹1,785 million at the project level in the Chennai development Shriram Park 63. The company's 2021 IPO raised ₹600 crore and resulted in its shares being listed simultaneously on the BSE and NSE, marking a significant milestone in its corporate journey.

What types of homes does Shriram Properties Ltd build and which buyer segments does it serve?+

Shriram Properties Ltd develops across a range of residential formats including apartments, villas, villaments, and plotted developments, as well as integrated commercial and township projects. The company focuses primarily on the mid-market and mid-market premium housing segments, aiming to deliver quality homes at accessible price points. Its product mix covers configurations from compact 1 BHK units to spacious 3 and 4 BHK residences, addressing first-time buyers, upgraders, and NRI investors across its key markets.