Shriram Properties Ltd entered Bengaluru in 2000 and has spent the decades since building one of South India's most recognisable residential portfolios. Founded in 2000, the company's initial focus was the mid-market segment of the real estate industry. Starting from that first completed project — Shriram Shriranjani in September 2000 — the company gradually spread across South India, reaching cities like Chennai, Coimbatore, and Visakhapatnam. Today, with 51 projects already delivered spanning over 31.5 million square feet, primarily in Bengaluru and Chennai, Shriram Properties is a publicly listed developer whose institutional credibility is backed by marquee investors like Walton Street Capital, Starwood Capital Group, and Mitsubishi Corporation.
Within Bengaluru, Shriram Properties has consistently pressed northward as the city's growth axis shifted toward Kempegowda International Airport. Their North Bangalore footprint includes projects across Yelahanka, Kodigehalli, and the Doddaballapur Road corridor — making the choice of Rajanukunte for their Shriram Serenity project a logical extension of a well-established micro-market strategy rather than a speculative entry. The firm has completed development of 12 million sq ft of project area in prime regions of Bangalore such as Sarjapur, Whitefield, Yeshwanthpur, Devanahalli, Yelahanka, Marathahalli, and Electronic City. In the Yelahanka belt specifically, Shriram Solitaire in Yelahanka New Town is strategically located just 4 km away from Doddaballapur Road and 1.5 km from Yelahanka Road, establishing a track record in the very neighbourhood that Shriram Serenity now serves.
Shriram Serenity is a new-launch residential project in Rajanukunte, Yelahanka, North Bangalore, developed by Shriram Properties, offering 2 and 3 BHK apartments. The development sits directly on Doddaballapur Main Road, one of North Bangalore's principal arterial corridors. Spanning 3.83 acres, the project offers 270 elegant 2 and 3 BHK apartments across 3 high-rise towers configured as 2B + G + 12 floors.
Apartment sizes run from 1,085 to 1,755 sq ft, covering the range that North Bangalore's professional and family buyer segments most actively seek. On pricing, the base price starts from ₹78.8 lakhs, with 3 BHK units priced up to ₹1.3 crore. The project carries RERA approval: Shriram Serenity's RERA number is PR/170924/007026. The launch date was September 17, 2024, and construction is scheduled for completion by July 5, 2029, with possession by August 1, 2029.
The site plan allocates generous open space. The project has 80% open space with extensive green areas, and the amenity programme spans more than 40 features including a clubhouse, swimming pool, sports courts, and landscaped gardens — a specification level consistent with Shriram Properties' mid-to-premium positioning across their Bengaluru portfolio. The project is also close to the 300-acre Hesaraghatta Grasslands and other state forests, giving residents an unusual combination of natural surroundings within a city that has seen rapid densification.
Rajanukunte occupies the northern stretch of the Yelahanka taluk, sitting between Yelahanka junction and Doddaballapur town. It is a developing suburb located approximately 20 km north of Hebbal. For much of the past decade it remained a low-density fringe, but a combination of infrastructure investment, employment-centre expansion, and institutional education has accelerated its residential absorption rate. The area is well-known for housing several defence installations, including the CRPF Base, BSF Campus, and Air Force Station — a profile that historically correlates with stable, low-crime residential neighbourhoods.
On the education and social infrastructure front, Rajanukunte is home to Sai Vidya Institute of Technology, near Presidency University (2 km) and Vishwa Vidyapeeth (7 km). The project's immediate surroundings on Doddaballapur Road include Orchids, BMS University, and Angsana Resort, with Bellary Road, Jakkur, Hebbal, and Manyata Tech Park accessible within 30 minutes.
The employment pull from North Bangalore's established tech and aerospace corridors is material. Yelahanka benefits from proximity to major employment hubs, particularly Manyata Tech Park, KIADB Aerospace Park, Aerospace SEZ, and Kirloskar Business Park. North Bangalore added over 50,000 IT and GCC jobs in Q3 2025, with Yelahanka emerging as a preferred living area for professionals, airline staff, defence personnel, and students.
The single most consequential infrastructure event for Rajanukunte buyers is the under-construction Blue Line of Namma Metro. Namma Metro Phase 2B is a 37 km, 17-station airport-link section of the Blue Line connecting Bengaluru city to Kempegowda International Airport. The alignment passes directly through the Yelahanka corridor: the line runs parallel to National Highway 44, passing through Kodigehalli, Jakkur, Yelahanka, and Doddajala before reaching Airport Road. A dedicated Yelahanka station is included in the station list, and metro operations are expected to commence by late 2026. Once active, this line connects Yelahanka to the city's core without the road-traffic dependency that has historically made North Bangalore commutes unpredictable.
Road infrastructure is also being upgraded in parallel. Doddaballapur Road is receiving a major upgrade in 2026, with a 2 km flyover near Yelahanka Police Station Circle that is more than 70% complete and expected by September 2026. After opening, travel toward Rajanukunte and Doddaballapur industrial areas will become faster and smoother. The Bengaluru Business Corridor (formerly Peripheral Ring Road), a 73 km, 8-lane access-controlled expressway encircling the city's outer edges, connects Tumkur Road via Hessarghatta and Doddaballapur Road — a route that directly serves Shriram Serenity's address. Separately, the Bengaluru Suburban Rail Project covers Rajanukunte as a practical daily-commute zone for longer-distance travel, with two corridors targeted for December 2026 completion.
The broader Yelahanka market offers useful context for evaluating Shriram Serenity's entry pricing. As of 2025, average apartment prices in Yelahanka range between ₹7,050 and ₹11,900 per sq ft, with actual transaction rates averaging around ₹7,458 per sq ft. The appreciation trajectory has been steep: flat rates in Yelahanka changed by 20.1% in the last 1 year, 57.1% in the last 3 years, and 88.3% in the last 5 years. Rajanukunte, sitting just north of Yelahanka proper, trades at a discount to the main Yelahanka market — which is precisely where developers like Shriram Properties see mid-market acquisition opportunities. Ready-to-move homes in prime zones like Yelahanka and Rajanukunte have seen a price jump of 8–12% year-on-year, a rate that infrastructure delivery from the Blue Line metro and road upgrades is expected to sustain.
For context on the broader North Bangalore movement: Realty+ reports that the Peripheral Ring Road is opening up new avenues for growth in suburban areas like Devanahalli, Yelahanka, and Hennur Road, which are expected to see price hikes of 30–40% over the next five years. Rental prices in the Hebbal–Yelahanka–Thanisandra corridor are projected to increase by 20–30% in the next 5 years, driven by the under-construction Blue Line and improved connectivity to the airport and major IT corridors.
Shriram Properties' decision to plant Shriram Serenity in Rajanukunte reflects a pattern the company has applied across Bengaluru — entering a corridor ahead of infrastructure completion, when land acquisition costs allow competitive pricing, then delivering a fully amenitised product that benefits from the appreciation driven by that infrastructure coming online. The same approach shaped their Yelahanka New Town presence with Shriram Solitaire and their Devanahalli-adjacent projects further north.
In 2024, as the company celebrated its 25th year, it undertook a brand transformation, introducing a new logo to assert its independent identity while still benefiting from the legacy of the Shriram Group. That institutional depth — from its listed status on NSE and BSE to its CRISIL credit rating — provides buyers a structural assurance that many smaller North Bangalore developers cannot match. For a buyer evaluating Shriram Serenity, the combination of a RERA-registered project, a developer with over two decades of Bengaluru delivery history, and a location at the inflection point of three simultaneous infrastructure upgrades (Blue Line metro, Doddaballapur Road flyover, Bengaluru Business Corridor) makes the Rajanukunte address a considered rather than an accidental choice.
