SHRIRAM DEVANAHALLI PLOTS — New Project Coming Up in Devanahalli, Bangalore
Shriram Devanahalli Plots: Upcoming Development in North Bangalore
Shriram Properties is expanding its presence in Devanahalli, North Bangalore, with new and upcoming residential and plotted developments near Kempegowda International Airport. The latest announcement signals the developer's continued commitment to the region, where it has already established a portfolio of completed and under-construction projects.
Location and Market Position
Devanahalli is fast emerging as a residential and commercial hub, located around 40 km to the north-east of Bengaluru. The locality is located near Kempegowda International Airport, a critical driver of residential demand in the region.
The locality benefits from sustained infrastructure investment. Devanahalli has seen steady price growth, with properties typically ranging from ₹6,000–₹8,500+ per sq.ft, driven by strong infrastructure like NH-44, STRR, Aerospace Park, and upcoming metro connectivity. With ongoing infrastructure projects like the Satellite Town Ring Road (STRR) and the Peripheral Ring Road (PRR), Devanahalli is poised to become even more accessible.
About Shriram Properties
Shriram Properties has been in the business since 2000 and have expanded their operation in Chennai, Coimbatore, and Visakhapatnam. The company is a leading residential real estate development company in South India, primarily focused on the mid-market and affordable housing categories, and is among the five largest residential real estate companies in South India, including specifically in Bengaluru and Chennai, in terms of number of aggregate units launched in the calendar years 2012 to 2017 and the six months ended June 30, 2018.
Shriram Properties is also present in the mid-market premium and luxury housing categories, commercial and office space category as well as plotted development category.
Devanahalli: A Developing Growth Corridor
Once known as a quiet and distant suburb, Devanahalli is now recognized as a booming hub for real estate investment, driven by its strategic location, infrastructure development, and rising demand for residential and commercial properties.
Projects in this corridor offer well-planned apartments and villa plots with modern amenities, landscaped open spaces, and community living features at competitive price points. With rising demand from airport, logistics, and IT professionals, Shriram projects here provide a balanced mix of affordability, rental potential, and long-term capital appreciation, making them a smart choice for both first-time buyers and investors in North Bangalore's high-growth corridor.
