Shriram Properties Limited (SPL) has unveiled an ambitious ₹2,000 crore expansion plan to develop 20 million square feet of residential and mixed-use properties in Bengaluru, Chennai, and Kolkata, with a new entry into the Pune market.
Gopalakrishnan J, Executive Director & Group CEO of SPL, stated on Friday, “Our goal is to add 18-20 million square feet across India in the next 18-24 months. This expansion will require a total capital investment exceeding ₹2,000 crore.”
Of this total, SPL will invest over ₹500 crore from its own balance sheet. The remaining funds will be secured through financial and strategic investors and landowners via Joint Development Agreements (JDAs).
