Shriram Properties Ltd Projects

Shriram Properties Ltd projects in Attibele, Bangalore

Shriram Properties on the Attibele Stretch of Hosur Road

Attibele, at the southern tip of Bengaluru Urban district where Karnataka meets Tamil Nadu, is where Shriram Properties Ltd has chosen to extend its long-running Electronic City footprint with Shriram Imperial Heights. Attibele is a developing area situated along NH-44 (Hosur Road) and NH-948A (Attibele-Anekal Road), offering a mix of residential apartments and land parcels in the affordable to mid-income segment, and among the developers active here, Mahidhara Projects, Shriram Properties and the Karnataka Housing Board serve the locality. For a developer whose identity has been built on the mid-market segment since it started out in the city a quarter-century ago, Attibele's industrial-residential character is a natural extension of ground it already knows well from Electronic City.

A Bengaluru-Rooted Developer, Now in Its Second IPO Cycle

Shriram Properties Limited is an Indian real estate development company headquartered in Bengaluru, established in 2000 as part of the Shriram Group, a diversified financial services conglomerate founded by R. Thyagarajan, developing residential and commercial projects across multiple cities in India. Operations commenced in Bengaluru in 2000 and later expanded to Chennai, Kolkata, Coimbatore, Visakhapatnam, and Pune. In 2021, Shriram Properties was listed on the Bombay Stock Exchange and the National Stock Exchange of India. The company was envisioned by Chairman and Managing Director Murali Malayappan together with Shriram Group founder R. Thyagarajan.

The scale behind the Shriram name is not incidental to how it prices and builds in a locality like Attibele. The company's portfolio spans 51 thoughtfully developed projects covering over 31.5 million square feet, primarily in Bengaluru, Chennai, and Kolkata. It has been trusted by marquee investors including Walton Street Capital, Starwood Capital Group, and Mitsubishi Corporation for project-level capital over the years. Financially, for fiscal 2025-26 the company posted a net profit of ₹100.81 crore against ₹77.3 crore the year before, with total income rising to ₹1,356.93 crore from ₹973.38 crore, and has completed over 50 projects spanning 30.8 million square feet, with 41 projects under various stages of development covering a further 35.3 million square feet, including 16.7 million square feet under execution as of March 31, 2026. As the company entered its 25th year of operations in 2024-25, it launched a new brand identity, SPLNxT, signalling a growth agenda that includes deeper southern Bengaluru corridors such as Attibele alongside newer entries into Pune and North-East Bengaluru.

Shriram Imperial Heights: The Developer's Address in Attibele

Shriram Imperial Heights is a premium residential apartment project located near Electronic City, off Hosur Road in Attibele, South Bangalore, at SY.No. 5/1, 5/2, 7/2, 10/2, 44/2, 44/5, 45/2C, 46 and 47 of Manchenahalli Village, Attibele Hobli, Anekal Taluk, Bengaluru, Karnataka 562107. The project spans 19 acres with 236+ units across 3 BHK + Study to 4 BHK + Study configurations. It sits within the developer's broader landholding in the area, as Imperial Heights forms part of the Shriram 107 Southeast development.

On the construction and design side, homes come with ample natural lighting, wooden flooring, walk-in wardrobes for the master bedroom, two car parks, and no common walls, built using MIVAN technology. The layout dedicates over 78% of the land to open space, including landscaped gardens and lakeside stretches. On amenities, the project carries a secure gated community with 78% open spaces, an 18,000+ sq ft clubhouse, and 40+ lifestyle amenities to choose from. Pricing on record starts from ₹82 lakh onwards for 3 and 4 BHK apartments near Electronic City, off Hosur Road, with listed configurations going up to built-up areas of 980 to 1,279 sq ft and a possession date of January 2027.

Why Attibele Fits the Shriram Mid-Market Playbook

Attibele's position as an industrial-residential node, rather than a pure IT suburb, matches the buyer profile Shriram has built its business around. The locality's proximity to major employment hubs, being 12-20 km from Electronic City, Hosur industrial area, Jigani, and Bommasandra, supports strong rental demand. For residents of Imperial Heights, this translates into practical access: the project is ideally situated for tech professionals, with companies like TCS and Wipro in nearby Electronic City, as well as corporate employers like Ashok Leyland and TVS Motors within reach. Compared with the established IT corridors further north, property prices in Attibele are generally lower than Sarjapur Road, though Sarjapur offers stronger IT job density and metro access, so the trade-off depends on buyer priorities — a trade-off that aligns with how Shriram positions Imperial Heights on price relative to its Electronic City-adjacent neighbours.

Connectivity: Hosur Road Today, the Yellow Line on the Horizon

Attibele's road network is already established, even as rail transit is still catching up. The nearest metro access point, Bommasandra station, is roughly 12 km away, and the Attibele-Chandapura stretch of Hosur Road sees periodic traffic congestion. That said, the metro map has moved closer: the Yellow Line was inaugurated on August 10, 2025, running 19.15 km from RV Road to Bommasandra, giving Attibele residents a road-and-rail combination for the Electronic City commute. Looking ahead, major infrastructure developments planned for the area include the Peripheral Ring Road, Satellite Town Ring Road, and a Namma Metro Phase 2 extension, all intended to improve regional access and cut commute times.

Daily Life Around Shriram Imperial Heights

Social infrastructure in the immediate vicinity is oriented around daily essentials rather than destination retail. Sapthagiri Hospital is roughly a 10-minute drive away, and the Poornayu Ayurvedic Panchakarma Speciality Hospital and Research Center can be reached in about 8 minutes. On the schooling side, Green Dot International School and Attibele Public School SVET Institutions are both within a 6 km radius.

Price Trend and the Investment Case

Attibele's pricing sits at the value end of the Hosur Road corridor. Attibele property prices are nearly ₹6,250 per sq ft, with consistent demand and infrastructure-led growth supporting long-term investment potential, and on a year-over-year basis, average property price per sq ft for apartments in Attibele appreciated 4.4% in the last one year. For buy-to-let investors, the locality presents rental yields generally ranging around 2.5-4%, a profile consistent with an industrial-adjacent, commuter-driven micro-market rather than a speculative one. For a Shriram buyer, this places Imperial Heights at the intersection of an established, listed developer's balance sheet and a locality still early in its infrastructure curve.

Frequently Asked Questions

Why is Shriram Properties building in Attibele instead of closer to central Electronic City?+
Attibele sits directly on the Hosur Road extension of the Electronic City corridor, giving Shriram Properties access to a larger, lower-cost land parcel while still remaining within commuting distance of Electronic City, Bommasandra, and the Hosur industrial belt.
What configurations does Shriram Imperial Heights offer and what is the price range?+
Shriram Imperial Heights offers 3 BHK and 4 BHK apartments, with built-up areas around 980 to 1,279 sq ft, priced from approximately ₹82 lakh onwards depending on unit size and floor.
Is Shriram Imperial Heights connected to the Bangalore metro?+
There is no metro station directly in Attibele; the nearest station, Delta Electronics at Bommasandra on the Yellow Line, is roughly 12 km away. Road access via Hosur Road (NH-44) remains the primary commute route today.
What is the possession timeline for Shriram Imperial Heights?+
Listings for the project indicate a possession date around January 2027, in line with other phases of Shriram's Attibele development.
How does Attibele's property price compare with other Bengaluru localities?+
Attibele's average rate is close to ₹6,250 per sq ft, generally lower than Sarjapur Road and other established IT corridors, though it has appreciated around 4.4% in the past year as infrastructure projects progress.
What track record does Shriram Properties bring to this project?+
Shriram Properties has been headquartered in Bengaluru since 2000, is listed on the NSE and BSE since 2021, and has completed over 50 projects spanning roughly 30.8 million sq ft across Bengaluru, Chennai, Kolkata, and Pune.
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