SPL-SLV Infra in JV launches flurry of plotted projects

One of South India's leading residential real estate builder, Shriram Properties Limited (SPL), recently announced further expansion of its plotted land development portfolio with strategic partnership with SLV Infra Projects, which is engaged in plotted land development across Bangalore, said Chairman and Managing Director – Shriram Properties, Murali Malayappan, adding that through this collaboration with SLV, the company plans to launch about half dozen plotted land development projects shortly. This partnership has launched ready-to-construct plotted development project off Magadi Road Bengaluru, under the brand name of ―Raynal Gardens. In the project the builders offer ₹40 lakh units on the 97-acre pristine development, which is one of the few plotted development project in west Bengaluru with 75,000 sq ft clubhouse, a temple, a clock tower, tree lined avenues on both sides of the road, open spaces like parks and gardens along with other amenities. This plotted development project has been designed in cognizant with the community and with an aim to give back to the community it serves. SPL also launched its first plotted development in Chennai within its township project called ―Shriram One City and is focusing on growth through successful partnerships and adopting development management (DM) model as a growth strategy.