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Shriram Properties Signs JDA for Rs 700 Crore Hinjewadi Project in Pune

The deal underscores the developer’s asset-light push into a high-demand micro-market anchored by Pune’s IT and industrial base.

Overview

  • In a regulatory filing, the company said it will develop about 0.7 million sq ft in Hinjewadi with an estimated GDV of roughly Rs 700 crore.
  • The plan comprises around 6.5 lakh sq ft of premium apartments with additional retail and commercial space taking total saleable area to about 7 lakh sq ft.
  • This marks Shriram Properties’ second project in Pune following its Undri debut in May 2025.
  • Vice president Akshay Murali cited sustained housing demand stemming from the city’s IT and industrial ecosystem.
  • The company also recently signed a JDA for a 7-acre premium row-house project in North Bengaluru with an estimated GDV of about Rs 600 crore, alongside a pipeline of 39 projects totaling 36 million sq ft.