Shriram Properties plans to expand in Pune, the second-largest property market in the country due to its rapid growth. Shriram Properties is expanding into Pune as part of its expansion plan.

Shriram Properties Limited (SPL) of Bengaluru has acquired development rights for 1.9 million square feet for a residential project in Chennai from Garden City Developers in a transaction valued at approximately Rs 185 crore.

IIFL sold an INR 125 crore distressed planned development project to Shriram Properties. The business and the ASK Property Fund's co-investment platform's first deal.

This is a positive news on the Bangalore real estate front that Shriram Properties has purchased all of Suvilas Realities' shares via its wholly-owned subsidiary, Shriprop Builders.

Shriram Properties & ASK Property Fund Plan an Investment Platform for Housing Projects

Shriram Properties and Logos, an Asia-Pacific logistics company, have signed a Memorandum of Understanding (MoU) for the possible sale of up to 90 acres of property in Shriram Grand City in Uttarpara, Kolkata, which Logos intends to convert into a warehouse and logistics park.