Portfolio Real estate

Shriram 107 SouthEast

A nineteen-acre residential development fifteen minutes from Electronic City Phase 2, offering 2 and 3 BHK apartments with more than forty amenities. The third phase of a project whose first two have already received their occupancy certificates.

Electronic City is where a great deal of Bengaluru goes to work, and for years it has been easier to find a job there than a home worth the commute. Shriram 107 SouthEast sits fifteen minutes from Phase 2, on nineteen acres, and answers that with 2 and 3 BHK apartments designed around zero wasted space rather than headline square footage.

What drew us was the delivery record rather than the drawings. This is the third phase of a development whose first two, launched under the codename Dil Chahta Hai, have already received their occupancy certificates. In a market where handover dates slip as a matter of routine, a developer who has finished twice on the same land is telling you something a brochure cannot. The project is a joint venture with Garden City Realty, and Shriram Properties is a listed developer building across Bengaluru, Chennai, Kolkata and Pune.

The economics here are unglamorous and durable. Housing at an accessible price beside a working employment corridor is demand that does not depend on sentiment: people buy because they need to live near where they earn. The infrastructure is moving the right way too, with Bommasandra metro, the six-lane Hosur Road, NICE Road and the proposed peripheral and satellite ring roads all pulling this location closer to the rest of the city.

The community is denser in amenity than the price would suggest, with more than forty of them, from a football ground and a skating rink to a butterfly garden and a park set aside for senior residents. That mix is deliberate. It is built for families who intend to stay rather than for buyers who intend to sell.

The project has been recognised repeatedly for precisely this: Budget Housing Project of the Year, Brand of the Year in affordable housing, and Housing Project of the Year for the region.