Shriram Properties
- Company typePublic
- Founded2000
- HeadquartersBangalore, India
- Headcount501–1,000
- GTM typeB2C
- OfferingServices
Shriram Properties firmographics
Firmographics- Name
- Shriram Properties
- Legal name
- Shriram Properties Limited
- Website
- https://shriramproperties.com
- Company type
- Public
- Founded year
- 2000
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Ownership category
- akta.pro rank
Shriram Properties industry classification
Industry- Product category
- Residential Real Estate Development
- NAICS
- New Housing For-Sale Builders (236117), Land Subdivision (2372)
- SIC
- Land Subdividers & Developers (No Cemeteries) (6552), Real Estate Dealers (For Their Own Account) (6532)
- akta.pro primary industry
- Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities) (IMAFABAL)
- akta.pro secondary industry
- Real Estate Development Asset Management (Project/Construction-to-Stabilization) (BPAJAMAL)
Keywords
Where Shriram Properties is headquartered
LocationHeadquarters
- HQ city
- Bangalore
- HQ country
- India
- HQ region
- Asia
Offices5 records
Markets served
Shriram Properties business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Supply Chain, Operations, Marketing or Sales, Personnel, Infrastructure, Others
Revenue model
- Residential Property Sales: Primary revenue from development and sale of residential apartments, villas, row houses, and plotted developments across Bengaluru, Chennai, Kolkata, Pune, Coimbatore, and Vizag markets. The company operates under asset-light joint development models.
- Commercial and Retail: Development and sale of commercial spaces including retail shops and office spaces as part of integrated township projects.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| One time/ perpetual license | Pay-as-you-go | Mid-market residential apartments |
| One time/ perpetual license | Pay-as-you-go | Mid-premium residences |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels6 records
Shriram Properties product offering
Product offeringCore offering
Shriram Properties develops and sells residential real estate including apartments, villas, row houses, plotted developments, and integrated townships primarily across South Indian cities (Bengaluru, Chennai, Kolkata, Pune, Coimbatore, Vizag). The company operates under asset-light joint development models and also develops commercial and retail spaces as part of integrated township projects, targeting mid-market and mid-premium buyer segments.
Product overview
Shriram Properties is a leading South Indian residential real estate developer offering a diverse portfolio of residential projects across multiple cities including Bengaluru, Chennai, Kolkata, Pune, Coimbatore, and Vizag. The company operates through distinct product lines: completed legacy projects (Shriram Songs of the Earth, Shriram Serenity, Shriram Pristine Estates), ongoing mid-market and premium developments (Shriram 107 SouthEast, Shriram Solitaire, Park 63, Shriram Shankari), new branded launches using 'Codename' naming (Codename King Life, Codename Pudhiya Chennai, Codename Superstar), and township projects (Shriram Grand City in Kolkata). The portfolio spans segments from affordable to luxury, with product types including apartments, villas, row houses, plotted developments, and townships. Complementing physical developments, the company offers digital products including the Shriram Parivaar customer app and partnership programs (Shriram Synergy, Shriram Honours referral program). In 2024, the company rebranded to SPL NxT reflecting its strategic transformation from regional to national brand with focus on mid-market segments.
Differentiator
Problem solved
Functional benefit
Brands
- Shriram Parivaar: Customer engagement and community app for Shriram Properties customers
- SPL NxT
Products and services
- Shriram Grand City Integrated township development in Kolkata serving residential and commercial buyers seeking a self-contained community with modern amenities.
- Shriram Hebbal 1 Premium residential project in Hebbal, Bengaluru targeting urban professionals seeking upscale housing in a strategic North Bengaluru location.
- Codename King Life Royal 3 & 4 bed residences in Koyambedu, Chennai targeting mid-premium buyers seeking quality urban living with superior connectivity infrastructure.
- Codename Superstar High-rise residential project in Pune representing the company's first expansion into western India, targeting urban professionals and families.
- Codename Pudhiya Chennai New residential project near Ponamallee in Chennai serving mid-market home buyers in the western Chennai corridor.
- Shriram 122 West Residential project in West Chennai offering quality apartments with modern amenities targeting mid-market home buyers.
- Shriram 107 SouthEast Strategic residential project in South-East Bengaluru targeting mid-market and premium home buyers in Bengaluru's growth corridor.
- Shriram Shankari Lakeside residential development in Chennai featuring premium amenities and community living for families seeking upgraded lifestyle.
- Park 63 Premium residential project in Chennai's Perungalathur micro-market targeting urban families seeking well-connected housing.
- Shriram Signature Square Premium retail shops and office spaces in Uttarpara, Kolkata targeting commercial investors seeking income-generating real estate assets.
- Codename Forest View 3 & 4 BHK villa project in Uttarpara, Kolkata featuring premium amenities and sustainable design for affluent families.
- Codename The One Premium residential project in Bengaluru offering luxury residences with modern amenities targeting upscale buyers.
- Shriram Parivaar App Mobile application for existing Shriram Properties homeowners to access services, track payments, raise complaints, and engage with the community.
Quantifiable outcome
- 32,000+ happy families served
- +3 more outcomes
Companies that use Shriram Properties
Customer profileNamed customers1 record
Segments2 records
Ideal customer profiles4 records
Shriram Properties technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Shriram Properties partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered minor and strategic.
- The Akshaya Patra FoundationminorCSR partnership focusing on community welfare and food security initiatives.
- LogosstrategicLogos to invest $100 million in logistics park at Shriram Grand City, Kolkata, marking a significant institutional partnership for the township project.
Scale indicators12 records
Recent moves9 records
Expansion highlights6 records
Shriram Properties competitors and assessment
Company assessmentDirect peers
- Prestige Estates Projects: Bengaluru-headquartered listed residential and commercial developer with strong South India footprint; comparable mid-premium and luxury apartment/villa portfolio and similar geographic concentration in Bengaluru/Chennai.
- Brigade Enterprises: Bengaluru-based listed developer of residential apartments, villas, and integrated townships across South India with comparable mid-market to premium positioning and similar JDA-led expansion model.
- Sobha Limited: Bengaluru-headquartered listed developer with backward-integrated construction and a national footprint focused on premium residential projects; comparable in product quality and South Indian concentration.
- Puravankara Limited: Bengaluru-headquartered listed residential developer with mid-market and luxury projects across South India; comparable in segment focus and city mix, with similar reliance on JDAs for pipeline expansion.
- Casagrand Premier Builder: Chennai-based private residential developer with deep South India presence focused on mid-market apartments; directly comparable in Chennai-centric product portfolio and mid-market buyer targeting.
Broad incumbents
- Godrej Properties: Pan-India listed residential developer (part of Godrej Group) operating across multiple metros; comparable as a national-scale listed homebuilder but with broader geographic diversification and larger market capitalization.
- Macrotech Developers (Lodha): Mumbai-headquartered listed national residential developer with premium positioning and large-scale townships; comparable as a major listed Indian homebuilder but with greater scale and a stronger focus on MMR.
- DLF Limited: India's largest listed real estate developer with pan-India residential, commercial, and township projects; comparable in product breadth and public-listed status but operates at substantially larger scale across more geographies.
- Mahindra Lifespace Developers: Listed Indian residential developer (part of Mahindra Group) with pan-India mid-premium residential and integrated township projects; comparable in listed mid-market positioning but with a broader national footprint.
Regional players
- Oberoi Realty: Mumbai-headquartered listed luxury residential and commercial developer; comparable as a listed Indian homebuilder but geographically focused on Mumbai Metropolitan Region, not directly competing in Shriram's South Indian markets.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Shriram Properties social profiles
Digital presenceShriram Properties financial estimates
Financial estimateRevenue estimate
Valuation estimate
Shriram Properties leadership team
Management profileNumber of profiles
Profiles5 records
Shriram Properties subsidiaries and ownership
Company hierarchySubsidiaries1 record
Shriram Properties funding detail
Funding detailFunding overview
Funding rounds6 records
Investors7 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Shriram Properties M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Shriram Properties
What does Shriram Properties do?
Shriram Properties develops and sells residential real estate including apartments, villas, row houses, plotted developments, and integrated townships primarily across South Indian cities (Bengaluru, Chennai, Kolkata, Pune, Coimbatore, Vizag). The company operates under asset-light joint development models and also develops commercial and retail spaces as part of integrated township projects, targeting mid-market and mid-premium buyer segments.
Is Shriram Properties a public or private company?
Shriram Properties is a public company. It is classified as public and is currently operating.
When was Shriram Properties founded?
Shriram Properties was founded in 2000. It employs 501 to 1,000 people.
Where is Shriram Properties based?
Shriram Properties is headquartered in Bangalore, India, in the Asia region.
How does Shriram Properties make money?
Two revenue lines are on record. Residential Property Sales are the primary driver. The others are commercial and Retail.
Who are Shriram Properties's main competitors?
Direct peers on record are Prestige Estates Projects, Brigade Enterprises, Sobha Limited, Puravankara Limited and Casagrand Premier Builder. Broad incumbents are Godrej Properties, Macrotech Developers (Lodha), DLF Limited and Mahindra Lifespace Developers. Oberoi Realty is listed as a regional player.
Does Shriram Properties have an API?
No public API is recorded for Shriram Properties.
What industry is Shriram Properties in?
Shriram Properties's product category is Residential Real Estate Development. Its primary akta.pro industry code is IMAFABAL, Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities), with a secondary code of BPAJAMAL, Real Estate Development Asset Management (Project/Construction-to-Stabilization). Its NAICS code is 236117 and its SIC code is 6552.