Shriram Properties Limited, founded in March 2000, is a key player in South India's residential real estate market, focusing on mid-market and affordable housing. Initially named Synectics Infoway Private Limited, the company underwent several name changes, becoming a public entity in October 2018. Headquartered in Chennai, Shriram Properties is among the top five residential developers in South India, operating in major cities like Bengaluru, Chennai, and Hyderabad, with a significant presence in Coimbatore, Visakhapatnam, and Kolkata.
As of March 2022, Shriram Properties completed 29 projects, covering 16.8 million square feet, predominantly in Bengaluru and Chennai. The company boasts a portfolio of 51 projects, with 26 ongoing and 25 upcoming developments. It has engaged in strategic partnerships, such as with ASK Property Investment Advisors and Kotak India Affordable Housing Fund, to expand its project base. It plans to raise Rs. 800 crore through a public equity offering, reflecting its growth and expansion ambitions.
