Shriram Properties 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, and also has a presence in Kolkata in East India, where it is developing a large mixed-use project. That East India project is Shriram Grand City, and its address is Uttarpara Kotrung, on the west bank of the Hooghly, making this municipality the developer's only foothold outside South India and the anchor of everything Shriram builds in and around Kolkata.
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. Across its portfolio of 51 thoughtfully developed projects spanning over 31.5 million square feet, the company's work is concentrated primarily in Bengaluru, Chennai, and Kolkata. The company is listed as a public company on the NSE and BSE. It has been backed by institutional investors including Walton St Capital, Starwood Capital Group, and Mitsubishi Corporation.
Shriram Grand City spans 314 acres and is envisioned as Kolkata's sister city, offering 33 million sq. ft. of residential and commercial development along with entertainment avenues, healthcare, retail, and educational facilities. Within this single township footprint in Uttarpara Kotrung, Shriram Properties has phased out a series of named clusters rather than one monolithic tower cluster: Grand One, Sunshine One, Sunshine Two, Symphony, Springfield, Codename Forest View and Codename By The Garden are the identifiable chapters of the same address. This phased, multi-decade rollout is why the same locality carries several distinct Shriram-branded RERA registrations rather than a single one.
The RERA registrations across the township include Grand One under HIRA/P/HOO/2018/000005, Sunshine One under HIRA/P/HOO/2019/000654, Sunshine Two under WBRERA/P/HOO/2023/000092 with possession by 2028, Symphony under WBRERA/P/HOO/2024/001787, Springfield under WBRERA/P/HOO/2025/003088, and Codename Forest View under WBRERA/P/HOO/2025/003434. This layering of approvals over successive years is itself a record of how steadily the developer has kept building out the same land parcel rather than launching and exiting.
Shriram Sunshine One is the more mature of the two Sunshine phases tracked here. It is RERA-registered with the registration number HIRA/P/HOO/2019/000654 and is currently ready to move in, allowing residents to settle in without delay. Configurations run from 1 BHK apartments of 425 sq. ft. to 2 BHK units of 630 sq. ft. and 3 BHK units of 840 sq. ft., and amenities across the phase include a gymnasium, power backup, 24x7 security, a party hall, and rainwater harvesting. An early institutional signal of confidence in this phase came when Kotak India Affordable Housing Fund made a project-level investment of ₹400 million for the development of an affordable housing project in Kolkata, Project Shriram Sunshine, with roughly 2 million sq. ft. of saleable area, and subsequently exited in 2022.
Shriram Sunshine 2 follows as the next phase within the same Grand City footprint, carrying its own RERA registration and a later possession horizon of 2028 as noted above. Its positioning leans on the township's broader connectivity promise: residents can expect superb connectivity to New Town, Salt Lake Sector V and other prime localities, with tourist destinations such as Belur Math and the Dakshineshwar Kali Temple reachable within a quick time, and the international airport lying only around 30 minutes away.
Uttarpara Kotrung is a major municipality founded in 1853, predating the establishment of the Kolkata Municipal Corporation, located northwards from Kolkata with the Hooghly River forming its eastern flank. The area is well connected to Howrah, Konnagar and Bally, with the PWD Road, Grand Trunk Road and T N Mukherjee Road passing through it and an active city bus network. Shriram's projects here sit connected to major arteries like NH 2 and Grand Trunk Road. Rail commuters are served by the Howrah-Bandel suburban line, and the Kolkata Metro's Blue Line terminal at Dakshineswar links across the river by ferry, adding another mode for residents heading toward Baranagar and central Kolkata.
There is substantial demand for property in Uttarpara Kotrung, a major residential zone on Kolkata's outskirts, with several affordable and mid-range housing projects in the area where 2 and 3 BHK units are predominantly available. On pricing, the average asking price of properties in Uttarpara Kotrung is around ₹5,050 per sq. ft., while within the township itself, average property prices for Shriram Grand City moved from ₹4,750 per sq. ft. to ₹4,900 per sq. ft. during Q3 2025, a 3.16 percent rise, indicating the phased Shriram development is tracking, and in recent quarters outpacing, the broader locality.
Buyers evaluating Sunshine One or Sunshine 2 are, in effect, buying into a company whose primary track record was built well outside Kolkata. Shriram Properties has delivered 46 projects with a saleable area of 25.0 million square feet across Bengaluru, Chennai and Kolkata, alongside a development pipeline of 42 projects with an aggregate development potential of 40.2 million square feet. Kolkata's Shriram Grand City therefore represents the company's single largest East India commitment, built with the same phase-by-phase discipline the developer has applied in its Bengaluru and Chennai markets over two and a half decades.
