Markets

Market Nav

News Details

04/07/2025 12:21

Shriram Properties launches Mid-Premium Residential Project ‘Codename

Shriram Properties Limited (SPL), a leading developer in the mid-market and mid-premium residential segment, has announced the launch of its latest residential project, “Codename: The One”, a feature-rich gated community located in the heart of Electronic City, Bengaluru.

Positioned as a symbol of future-ready urban living, the project combines contemporary architecture with thoughtfully designed amenities. It will offer 340 spacious 2 & 3 BHK residences, with a total saleable area of approximately 5 lakh square feet, and an estimated revenue potential of over ?350 crore. The development is expected to be completed over the next three years.

A standout feature of the project is South Bengaluru’s largest Sky Terrace, offering panoramic views and unique lifestyle experiences. With a range of top-tier amenities, the project aims to redefine mid-premium living in the city.

Strategically located near Bommasandra Metro Station and Narayana Hrudayalaya, the project enjoys proximity to over 500 IT companies and major tech hubs such as Wipro, Infosys, and HP. It also benefits from excellent connectivity to the Bengaluru-Chennai Expressway and the proposed Hosur Airport.

Speaking on the launch, Mr. Vivek Venkateswar, Director - Strategy & Marketing, Shriram Properties, said, “‘Codename: The One’ reflects our vision of creating smart, intentional communities with strong location advantages. We believe this project will elevate the micro-market and attract discerning homebuyers.”

Mr. Gopalakrishnan J, Executive Director & CEO of Shriram Properties, added, “We are thrilled to introduce this project, following the success of our recent launch ‘Codename Superstar’ in Pune. With high-quality design, a unique layout, and premium offerings, we are confident this development will be well received. In alignment with our sustainability goals, we will plant a tree for every home sold.”

Shriram Properties officially launched ‘Codename: The One’ today and expects strong interest from prospective buyers looking for a well-connected and thoughtfully designed residential community.