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SHRIRAM YELAHANKA PREMIUM APARTMENTS (APRIL 2025 ACQUISITION) — New Project Coming Up in Yelahanka, Bangalore

Shriram Yelahanka Premium Apartments: North Bangalore Expansion

Shriram Properties has secured a 4-acre land parcel in Yelahanka through a joint development agreement for the upcoming Shriram Yelahanka Premium Apartments project. The project marks the developer's continued focus on the North Bangalore market, a region increasingly defined by infrastructure investment and proximity to key employment hubs.

Project Scope

The development will span approximately 4 acres and will comprise 270 apartments with an aggregate saleable area of approximately 3.8 lakh sq. ft., with aggregate revenue potential of over INR 250 crore. The project is expected to be launched during the first half of the 2025 financial year.

The project will offer 2 BHK, 3 BHK and 4 BHK residential apartments equipped with smart home automation and modern amenities. Development is expected to span three years from launch.

Location and Connectivity

Yelahanka is emerging as a premium and preferred residential locality in North Bangalore, known for its good infrastructure, educational institutions, proximity to employment hubs, and abundance of green spaces. The location benefits from proximity to Kempegowda International Airport, which is less than 20 kilometers away via National Highway 44.

The area is well-connected to important parts of Bangalore, including Hebbal and Manyata Tech Park. Hebbal has developed into a major commercial and business district, and Yelahanka's proximity to it allows residents easy access to employment opportunities.

With the metro expected to be operational by 2026, Yelahanka is poised for significant demand and capital appreciation.

Social Infrastructure

The area is home to leading educational institutions such as Ryan International School and Canadian International School, with prestigious universities including Bangalore University North Campus and Nitte Meenakshi Institute of Technology. Healthcare facilities include Aster CMI Hospital, Columbia Asia Hospital, and Cytecare Cancer Hospital.

Developer Background

Shriram Properties Ltd is one of South India's leading residential real estate developers. From its debut project 'Shriram Shriranjani' in Bengaluru in 2000, the company has grown into a recognized name in the mid-market and mid-premium segments. As of 30 April 2026, the company has delivered 51 projects accounting for a saleable area of 31.5 million square feet. Its core markets—Bengaluru, Chennai, and Kolkata—collectively contribute to nearly 85% of its development activities.

Shriram Properties is publicly listed on both NSE and BSE and holds a CRISIL A rating.

Related: SHRIRAM YELAHANKA PREMIUM APARTMENTS (APRIL 2025 ACQUISITION)

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