Shriram Properties aims Rs 350 cr revenue from new housing project in Bengaluru

New Delhi, Jul 4 (PTI) Realty firm Shriram Properties Ltd ia aiming to generate Rs 350 crore revenue from its new housing project in Bengaluru.

In a regulatory filing on Friday, the company said it has launched a residential project 'Codename: The One' in Bengaluru, comprising 340 apartments.

The total saleable area is about 5 lakh sq ft with a revenue potential of over 350 crore. The project is expected to be developed over the next three years.

Shriram Properties Ltd is one of the leading residential real estate developers in the country. It has delivered 48 projects with a saleable area of 27.6 million square feet across Bengaluru, Chennai and Kolkata.

The Bengaluru-based company has a development pipeline of 37 projects with 36 million square feet. PTI MJH TRB