Shriram Properties Ltd projects in Budigere Cross, Bangalore

Shriram Properties on Old Madras Road: why Budigere Cross fits its playbook

Shriram Properties Limited is a Bengaluru-headquartered developer that is an Indian real estate development company headquartered in Bengaluru, Karnataka, established in 2000 as part of the Shriram Group, a diversified financial services conglomerate founded by R. Thyagarajan. In 2021, Shriram Properties was listed on the Bombay Stock Exchange and the National Stock Exchange of India, and Bengaluru and Chennai are the key markets for the company, which also has operations in Coimbatore, Visakhapatnam, and Kolkata. As of March 2025, Shriram Properties had delivered 48 projects, with a saleable area of 27.6 million square feet. Budigere Cross, on the eastern edge of the city along Old Madras Road, is one of the corridors where this mid-market and premium housing focus has translated into a sustained, multi-project presence rather than a one-off launch.

A track record built on scale, not slogans

The company is led by M. Murali, Chairman and Managing Director, an alumnus of IIM-Bangalore and Harvard Business School with over 36 years of experience. With a portfolio of 51 thoughtfully developed projects spanning over 31.5 million square feet, primarily in Bengaluru, Chennai, and Kolkata, the company has also recently entered the Pune market to explore new growth opportunities. Its origins as a mid-market and affordable-housing specialist within the Shriram Group carry through to the Budigere Cross portfolio, where unit sizes and price points are calibrated for salaried professionals and first-time buyers working along the Whitefield-ITPL belt rather than for the ultra-luxury segment.

Shriram's built footprint in Budigere Cross

Shriram Properties' engagement with this micro-market centres on the Shriram Greenfield township and its successor phases. Located at Budigere Cross, Shriram Greenfield is part of a mega township whose Phase 1 is already delivered and Phase 2 is selling out fast, with an IGBC Gold rating and more than 76% green space. Within and around this township, the developer has rolled out further phases under the Codename Yuva and WYT Field names. The Codename Yuva (Crimson) phase is spread over 11.00 acres and developed by Shriram Properties Limited, with 1272 premium units, offered in 2 BHK and 3 BHK configurations ranging from 745 sq. ft. to 1055 sq. ft. The subsequent WYT Field Phase 2 adds 11.30 acres and 680 premium units, with 2 BHK apartments ranging from 745 sq. ft. to 888 sq. ft. and possession pegged for August 2026. Together these phases have positioned Shriram as one of the more continuously active developers on this stretch of Old Madras Road, layering new inventory into an existing, occupied township rather than starting from a bare plot each time.

Why this stretch of East Bangalore matters to a Shriram buyer

Budigere Cross sits where East Bangalore's IT geography and its outward growth corridor intersect. Budigere Cross has emerged as one of the city's most promising real estate destinations, with its strategic location along Old Madras Road (NH75) and proximity to IT hubs like Whitefield and KR Puram. The locality's daily draw comes from smooth connectivity to employment hubs like Whitefield and Marathahalli, making Budigere Cross a leading destination for a lot of working professionals, alongside proximity to Manyata Tech Park. Retail and civic infrastructure has followed the housing: Brigade Orion Mall and Phoenix Marketcity are the significant commercial and shopping malls in the region.

Road and rail projects reinforce the case for staying invested here over the medium term. Direct access to major roads like NH75 and Old Madras Road is complemented by upcoming metro connectivity under Phase 2 of Namma Metro, along with the upcoming Satellite Town Ring Road and proposed Peripheral Ring Road. Separately, the Peripheral Ring Road is planned to link Old Madras Road with Hosur Road and Tumkur Road, while a 20 km road is also underway connecting Budigere Cross with Hoskote and Kempegowda International Airport. A proposed Suburban Rail station at Huskur is also on the drawing board for the corridor.

Price trend context for a Shriram unit here

Pricing in Budigere Cross has moved up sharply as this infrastructure has taken shape. Flat prices in Budigere Cross are in the range of Rs 10,700-14,350 per square foot, with flat rates changing by 23.2% in the last one year and 125.2% over the last five years. This appreciation sits against the backdrop of continued builder activity in the micro-market: Brigade, Salarpuria Sattva Group, Godrej, Bren Corporation, and Sattva Group are present with a combined 361 projects in the locality, which underlines why an established, listed developer with an existing delivered township like Shriram carries added weight for buyers weighing resale liquidity and long-term upkeep.

What a buyer evaluating Shriram in Budigere Cross should factor in

• Shriram's product here is calibrated to the mid-market and mid-premium 2 and 3 BHK segment, in configurations of roughly 745 to 1,055 sq. ft., consistent with the developer's broader positioning in affordable and mid-market housing.
• The Greenfield township structure means later phases (Codename Yuva, WYT Field) benefit from an already-occupied Phase 1 and established internal roads, landscaping, and amenities rather than a standalone first-mover project.
• Connectivity upgrades already committed for the corridor — Namma Metro Phase 2, the Satellite Town Ring Road, and the Peripheral Ring Road — are the primary demand drivers cited for this locality, and they directly affect commute times to Whitefield, KR Puram, and the airport for residents of Shriram's projects here.
• As a listed company audited under SEBI disclosure norms, Shriram Properties' project-level RERA registrations, such as those carried by its Budigere Cross phases, are publicly verifiable on the Karnataka RERA portal.