Shriram Properties Ltd traces its residential real estate business to the year 2000, when it commenced operations in Bengaluru and completed its first residential project, Shriram Shriranjani, in September of that year. The company was founded in 1995 under the Shriram Group by Murali Malayappan, who continues as Chairman and Managing Director, working alongside the Shriram Group's founder, R. Thyagarajan, in shaping the developer's mid-market residential focus. From that single Bengaluru project, the company's footprint has grown into a portfolio of
From that single Bengaluru project, the company built a portfolio that today spans 51 completed projects covering more than 31.5 million square feet, concentrated primarily in Bengaluru, Chennai, and Kolkata, with a recent entry into Pune. With a portfolio of 51 thoughtfully developed projects spanning over 31.5 million square feet, primarily in Bengaluru, Chennai, and Kolkata, we've touched countless lives by fostering a sense of belonging. We recently also entered the Pune market to explore new growth opportunities. The company listed on the NSE and BSE in December 2021, an IPO that raised roughly ₹600 crore and marked its transition into a publicly traded developer. A pivotal moment in its journey was the successful Initial Public Offering (IPO) in December 2021, which raised ₹600.04 crores. This event transformed the company into a publicly traded entity, providing substantial capital for its expansion plans. Along the way, project-level and company-level capital has come from names such as Walton Street Capital, Starwood Capital Group, TPG Capital, and Mitsubishi Corporation, which invested in the Shriram Park63 project in Chennai. Trusted by marquee investors like Walton St Capital, Starwood Capital Group, Mitsubishi Corporation. Project-level investment in a residential project at Chennai (Project: Shriram Park63) by Mitsubishi Corporation through its subsidiary, DRI India Company Limited, for a consideration of ₹1,785 million.
Shriram Properties' presence at Budigere Cross is not a standalone launch but an extension of Shriram Greenfield, a roughly 40-acre township off Whitefield on Old Madras Road, whose first phase has already been delivered and whose later phases continue to sell. Located at Budigere Cross, Shriram Greenfield is a part of the 40-acre mega township whose Phase 1 is already delivered and Phase 2 is selling out fast. The township carries an IGBC Gold rating and reserves more than three-quarters of its land for green and open space, a design language the developer has repeated across its Bengaluru portfolio. This residential project has an IGBC Gold rating and more than 76% green space. Shriram WYT Field sits within this same Greenfield ecosystem, positioned off Whitefield Extension roughly 15 minutes from Whitefield, and is built around 2 BHK residences supported by more than 40 amenities. Shriram WYTfield, located near Budigere Cross, Whitefield Extension, only 15 minutes away from Whitefield, offers a lifestyle with 40+ awe-inspiring amenities, large open spaces, and residences that match your needs.
The project reflects a low-density approach relative to its land parcel, with towers arranged to preserve open space rather than maximise footprint, an approach consistent with Shriram's other large-format developments at Budigere Cross, including Shriram Greenfield's earlier phases and the YUVA and O2 Homes clusters within the same township corridor.
Budigere Cross sits on Old Madras Road (NH-75) in East Bangalore, a corridor that connects to Whitefield, KR Puram, and Hoskote, and Shriram Properties has treated this stretch as a long-horizon township opportunity rather than a single-project bet. Budigere Cross, located in East Bangalore, has emerged as one of the city's most promising real estate destinations. With its strategic location along the Old Madras Road (NH75) and proximity to IT hubs like Whitefield and KR Puram, Budigere Cross is gaining popularity among homebuyers and investors alike. The locality's proximity to Whitefield's IT campuses and to ITPL keeps daily commutes workable for tech employees, a demand base that has anchored much of Shriram's East Bangalore portfolio, from Chirping Woods on Sarjapur Road to Blue in Whitefield itself. Close to Employment Hubs: Quick commutes to ITPL, Whitefield, and Manyata Tech Park make this area ideal for tech professionals.
Infrastructure works in progress are central to the area's medium-term case: the Satellite Town Ring Road is planned to link Hoskote and Budigere Cross into the wider ring-road network, while the proposed Peripheral Ring Road and metro extensions toward Whitefield are expected to shorten the corridor's isolation over the coming years. Excellent Connectivity: Direct access to major roads like NH75, Old Madras Road, and upcoming metro connectivity under Phase 2 of Namma Metro. Rapid Infrastructure Growth: With the upcoming STRR (Satellite Town Ring Road) and proposed Peripheral Ring Road, connectivity is set to improve even further. Retail and everyday infrastructure has also caught up, with Orion Uptown Mall and Decathlon among the nearby landmarks cited for Shriram WYT Field itself. Shriram WYT Field location Project is located On Shriram Greenfield Main Road, Budigere Cross, Bangalore with - Decathlon Old Madras Rd - 3.6km Orion Uptown Mall - 4.0km Hoskote Lake Road - 4.7km
Budigere Cross has moved from an agricultural fringe to an active mid-segment and premium housing market over the past decade, and price data reflects that shift. Flat rates in the locality have risen sharply, with one tracked source citing appreciation of roughly 23% over the trailing year and close to 98% over three years. In terms of price appreciation/depreciation, flat rates in Budigere Cross, Bangalore changed by 23.2 % in the last 1 year, 98.4 % in the last 3 years, 125.2 % in the last 5 year and 150.0 % in the last 10 years. Average apartment rates across the micro-market are quoted around ₹12,500 per square foot by one tracker, with premium societies commanding upward of ₹13,000-15,000 per square foot. Average property rates per square feet in Budigere Cross, Bangalore for flats stood around Rs 12500 per sq ft. This is the pricing environment into which Shriram's Budigere Cross residences, positioned as affordable-to-mid-premium 2 BHK formats within a branded township, have been placed — competitively priced relative to some of the newer premium launches now entering the same corridor from other national developers.
Beyond connectivity, the corridor around Shriram's Budigere Cross projects has built up genuine social infrastructure over the past several years. Schools such as The Brigade School and New Baldwin International Residential School, along with hospitals including Manipal Hospital and Narayana Multispeciality Hospital, sit within reach of the locality. Budigere Cross has a well-developed social infrastructure with reputed schools like The Brigade School and New Baldwin International Residential School, and healthcare facilities like Manipal Hospital and Narayana Multispeciality Hospital. The Hoskote Lake area, roughly five kilometres away, adds a recreational and ecological anchor to what remains a comparatively low-density part of East Bangalore. For a Shriram Properties buyer, this combination — an established township brand, a still-developing but increasingly serviced locality, and a road and rail upgrade pipeline already underway — frames Budigere Cross as one of the newer growth chapters in the developer's 25-year Bengaluru story.
