Shriram Properties Ltd is a Bengaluru-headquartered developer that began operations in this very city in the year 2000, and it is in North Bangalore's Tumkur Road belt, encompassing Jalahalli and the adjoining Abbigere micro-market, that the company has built one of its more visible recent footprints. The company commenced operations in Bengaluru in the year 2000 and has since expanded its presence to other cities in South India, i.e., Chennai, Coimbatore and Visakhapatnam. Jalahalli-Abbigere sits within that founding city, along the industrial-residential spine that runs from Peenya to Nagasandra, an area where Shriram has already committed a large-format residential development rather than a speculative land bank.
The developer's project in this exact pocket, Shriram The Poem, illustrates why the locality matters to the company's Bangalore strategy. Shriram Poem stands amidst the surroundings of Jalahalli in West Bangalore, spread across acres of meticulously planned landscape, offering an array of housing options ranging from cozy 1 BHK apartments to spacious 3 BHK homes, with a total of 660 units housed within six towers. Its registered address places it squarely in Abbigere, Abbigere, Bengaluru, Karnataka 560090, and the project carries a formal RERA registration under number PRM/KA/RERA/1251/309/PR/210319/004033. This is a lakeside development: the residential enclave features the very best in Shriram Properties' signature luxury, safety, and beautiful landscapes, with lakeside 1, 2, 2.5 and 3 BHK apartments. Its presence here is a concrete marker that Shriram views Jalahalli-Abbigere as core to its Bangalore portfolio, not a peripheral experiment.
Shriram Properties has built its Bangalore business on the mid-market and mid-market-premium segments, and Jalahalli-Abbigere fits that positioning on connectivity terms. The locality sits directly on Bengaluru's Green Line Namma Metro corridor: Jalahalli metro station is an elevated station on the Green Line, the north-south corridor of Bengaluru's Namma Metro rapid transit system, serving the Jalahalli neighborhood, an industrial and residential area, with operations having commenced on May 1, 2015. As of 2026, the Green Line is 33.46 km long and connects Madavara in the northwest to Silk Institute in the south, linking neighbourhoods such as Madavara, Jalahalli, Peenya, Yeshwanthpur, Rajajinagar and Malleshwaram along Tumkur Road with the central hub of Majestic. Multiple stations, including Jalahalli, Peenya, Dasarahalli and Nagasandra, sit within a short radius of the area, giving residents direct rail access into the city core without depending solely on road traffic on Tumkur Road (NH 48).
The employment base nearby reinforces the case for housing demand. Peenya is an industrial area of Bengaluru city and one of the biggest industrial areas in Asia, lying on the Bangalore-Tumkur Highway. This concentration of manufacturing, electronics and ancillary units, combined with proximity to Yeshwantpur's commercial and rail hub, generates a steady base of working residents and renters that mid-market apartment developments like Shriram's are built to serve.
Abbigere has been one of the faster-appreciating micro-markets within the Jalahalli West catchment in recent quarters. Abbigere, a micro-market within Jalahalli West, shows a significant 18.68% increase in property rates, presenting a growth opportunity, with an average rate of ₹7,543 per sq ft as of March 2026. The broader Jalahalli West catchment has also firmed up: between December 2025 and March 2026, the location rate saw an increase from ₹7,492 to ₹7,885 per sq ft, indicating a positive upward movement, while Jalahalli itself averages ₹8,533 per sq ft. On the ground, listings in Abbigere span a wide range, from flats for sale between 50 to 60 lakhs and 60 to 75 lakhs, up to houses priced between 1 to 1.5 crore, indicating a market that still offers relatively accessible entry points compared with more established North Bangalore addresses such as Hebbal or Yelahanka, while tracking similar infrastructure gains.
Jalahalli and Abbigere carry an established residential character rather than a raw, under-built one. Jalahalli is a serene, green neighbourhood located near Peenya, well-known for its lush surroundings, parks, and quiet residential communities, with several educational institutions, including Kendriya Vidyalayas, and good healthcare facilities. Abbigere itself is described as offering ample supply of houses and apartments in affordable budget, with the locale known for the presence of several industrial units, well-connected via Hesarghatta Main Road and Outer Ring Road, and schools such as Royal Techno, Vidya Vihar and Rainbow International are nearby. For a developer building family-oriented mid-market housing, this pre-existing social infrastructure reduces the lag between possession and a functioning neighbourhood.
Jalahalli-Abbigere is not an isolated bet for Shriram Properties within the city's northern quadrant. The company has continued to add to its North Bengaluru landbank in parallel, including a large parcel near Yelahanka: Shriram Properties announced it had acquired a premium land parcel in Yelahanka, North Bengaluru, and it operates other apartment communities across this belt, from Yelahanka to Hebbal to RT Nagar, giving buyers in Jalahalli-Abbigere the option of a developer with a multi-project track record in the same quadrant of the city rather than a single, standalone address.
Shriram Properties Ltd is not a recent entrant testing the market. As of March 31, 2025, Shriram Properties had delivered 48 projects, with a saleable area of 27.6 million square feet, mainly across Bengaluru, Chennai, Coimbatore, Visakhapatnam and Kolkata. The company is part of a much older business group: Shriram Properties is part of the Shriram Group, a prominent business group with four decades of operating history in India and a well-recognized brand in the retail financial services sector. It is a publicly listed company, with shares actively traded on both the NSE and BSE, and its capital base has included institutional backers over the years, including marquee investors like Walton St Capital, Starwood Capital Group, and Mitsubishi Corporation. Operationally, the company has recently reported customer collections hitting a record ₹1,484 crore, up 7% year-on-year in FY25, and it handed over 3,150+ homes and plots to customers during FY25, underlining a developer with active delivery momentum in the very city where a Jalahalli-Abbigere buyer would be purchasing.
