Shriram Properties acquires land in Bengaluru; targets Rs 600 cr revenue

Shriram Properties has purchased a 4-acre land parcel on Sarjapur Main Road in Bengaluru. The company plans to develop a premium high-rise residential project on this site. This development is expected to generate a revenue of approximately Rs 600 crore. The project will offer around 5 lakh sq ft of saleable area.