One of the well-known real estate developers in South India, Shriram Properties focuses mostly on the mid-market and inexpensive housing segments. Among the top 5 residential real estate developers in South India, Shriram Properties introduced a massive cluster of units between 2012 and 2017. The corporate portfolio includes various developments, including mid-market premium housing, luxury housing sectors, office and commercial space, and plotted development classifications.
Since its founding in 1995, Shriram Properties has expanded its operations nationwide and established itself as one of the most reputable names in retail financial services and other industries. The company has built trust and reliable loyalty through its relationships with potential homeowners, financial investors, landowners, development partners, contractors, and other stakeholders.
Type | Apartments |
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Project Stage | Prelaunch |
Location | Bommasandra, Bangalore |
Builder | Shriram Properties |
Floor Plans | 3 BHK |
Price | Rs. 94 Lakh* - 1 Cr* Onwards |
Total Land Area | 6 Acres |
Total Units | 414 |
Size Range | 1265 - 1300 Sq Ft |
Approvals | RERA |
No of Towers & Floors | 6 Towers & B + G + 7 Floors |
RERA No | PR/090224/006616 |
Launch Date | March 2024 |
Possession Date | 2028 Onwards |
Secrets behind the success story of Shriram Properties
A reputable and well-known brand in South India, Shriram Properties has evolved into a major mixed-use project in Kolkata, East India. It is well-known in cities like Chennai, Coimbatore, and Visakhapatnam. Bangalore and Chennai, two major Indian cities with sizable residential housing segments, are Shriram Properties' primary markets.
The company has had the good fortune to construct 25 projects totalling 12.86 million square feet of saleable area, of which 20 projects in Bangalore and Chennai account for 87.69% of the total. The mid-market and cheap housing sectors comprise nearly 81.88% of the total Saleable Area for finished projects, while the commercial, office, and luxury housing categories remain stable.
Situated in Bommasandra, South Bangalore, Shriram Properties presents Shriram Sapphire, an opulent and futuristic residential development. It is dispersed throughout a large 6 acres of land. With six towers, a basement, ground floor, and seven stories of residential flats, the project offers 414 exquisitely designed three-bedroom homes with sizes ranging from 1265 sq. ft to 1300 sq. ft. Prices for the opulent apartments range from Rs. 94 lakhs to Rs. 1 crore. The construction of Shriram Sapphire, also called Shriram Codename Ultimate, is scheduled to be finished in a specific amount of time, with possession beginning in 2028.
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