Shriram Properties Signs JDA for Premium Lake-Facing Project at Doddagubbi
Shriram Properties Expands North-East Bengaluru Footprint with Doddagubbi JDA
Shriram Properties Limited has signed a Joint Development Agreement (JDA) for 9.1 acres of land parcel at Doddagubbi, North-East Bengaluru. The announcement, made on June 15, 2026, marks the company's latest addition to its growing pipeline in the city's emerging residential corridor.
Project Scope and Development Timeline
The company plans to develop an exclusive, scenic lake-facing, thoughtfully designed apartment complex with a development potential of approximately 6.7 lakh sqft and an estimated GDV potential of over ₹600 crores. The project is expected to be launched during the current financial year.
The lake-facing positioning of the development distinguishes it from conventional residential offerings in the region, presenting a natural amenity within the urban setting.
Location and Connectivity
Strategically located in the fast-developing North-East Bengaluru corridor, the location offers excellent connectivity to key parts of Bengaluru through Thanisandra Main Road, Hennur Road, Outer Ring Road, and the airport connectivity corridor, enabling seamless access to major IT hubs, commercial centres, educational institutions, healthcare facilities, retail destinations, and entertainment zones.
Doddagubbi is an emerging area in eastern quadrant of Bangalore, housing ample residential plots and villas in the affordable segment, with Hennur Road and Doddagubbi Main Road serving as key connectors. Kempegowda International Airport is nearly 20 km from Doddagubbi.
Market Context and Developer Strategy
North-East Bengaluru continues to emerge as one of the city's most promising residential growth corridors, supported by robust infrastructure upgrades, improving connectivity, and sustained end-user demand. The micro-market presents strong long-term potential owing to its strategic location and evolving social infrastructure.
Shriram Properties said the transaction strengthens its development pipeline in Bengaluru and aligns with its strategy of expanding through asset-light models in high-potential micro-markets.
About Shriram Properties
Shriram Properties commenced operations in Bengaluru in the year 2000 and has since expanded its presence across key cities in South India, including Chennai, Coimbatore and Visakhapatnam, as well as in East India, through a large mixed-use development in Kolkata. The company has recently marked its foray into the western region with the launch of its maiden project in Pune.
The company has demonstrated a track record of having delivered 51 projects accounting to a saleable area of 31.5 million square feet as of 30 April 2026. The company also has a strong pipeline of 41 projects with 35.3 million square feet of area.
The Doddagubbi project follows other recent additions to Shriram Properties' Bengaluru portfolio, including a villa project on Bannerghatta Road in South Bengaluru and premium row houses development in North Bengaluru, reflecting the developer's continued focus on diversified asset-light partnerships across multiple micro-markets in the city.