📋 Tender Overview
Scope : To Set up Residential project in Chandapura, Bengaluru , Karnataka
Real estate developer Shriram Properties (SPL) has acquired a four-acre land parcel in Electronic City, Bengaluru for a residential project. Located in Chandapura, the proposed project will cover four lakh sq. ft. of aggregate saleable area, comprising about 350 apartments.
The project has a revenue potential of more than Rs 250 crore and is expected to be developed in the next three years. This strategic investment aligns with the strategy of having a stonger presence in Bengaluru, which is among the developer's core markets. Chandapura has emerged as a vital micro-market, with demand expected to pick from the mid-market segment.
