Pune: Shriram Properties Partners with Landowner for ₹700 Crore Housing Project In Hinjewadi
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Pune, October 30, 2025: Shriram Properties Ltd has entered into a partnership with a landowner to jointly develop a high-end residential project in Hinjewadi, Pune, valued at approximately ₹700 crore.
In a recent regulatory filing, the real estate developer confirmed the signing of a Joint Development Agreement (JDA) for a project spanning about 0.7 million square feet (6.5 lakh sq ft) of premium housing. The company stated that the project’s gross development value (GDV) is estimated at ₹700 crore.
This marks Shriram Properties’ second venture in Pune, further strengthening its presence in one of India’s fastest-growing real estate markets.
Pune’s Growth Potential
Akshay Murali, Vice President – Business Development at Shriram Properties, said, “Pune continues to demonstrate strong housing demand, supported by its robust IT and industrial ecosystem. This new project reinforces our confidence in the city’s long-term growth potential and aligns with our broader expansion plans.”
Earlier this year, the company also signed a JDA for a seven-acre plot in North Bengaluru to develop a premium row housing project with an estimated GDV of ₹600 crore.
Expanding Real Estate Portfolio
Shriram Properties, among India’s leading real estate developers, maintains a strong presence in Bengaluru, Chennai, Pune, and Kolkata. The company has successfully delivered 48 projects, covering 28.3 million square feet of saleable area.
Currently, it has a development pipeline of 39 projects with a total potential of 36 million square feet, of which 19 million sq ft are under construction.
