Shriram Properties Ltd
Shriram Properties Ltd Company History
Shriram Properties is engaged in the business of real estate construction, development and other related activities.
2006
Investment by Sun Apollo Investment Holdings LLC of approximately Rs. 800 million in Shriram Properties and Infrastructure Private Limited
2006
2007
Investment by WSI/WSQI of Rs. 2,100 million in the Company
Investment by Hypo Real Estate Bank International AG of Rs. 5,590 million for a SEZ project in Chennai
2007
2011
Investment by WSI/WSQI and TPG Asia of Rs. 2,431.50 million and Rs. 3,250 million, respectively in the Company
2011
2012
Investment by Ask Real Estate Special Opportunities Fund of Rs. 839 million in Shrivision Homes for real estate projects in Bengaluru
2012
2014
Acquisition by India Realty Excellence Fund II LLP from Garden City Realty Private Limited 49% of the share capital of Shrivision Towers and investment of approximately Rs. 665 million in Shrivision Towers
Investment by Amplus Capital Advisors Private Limited of Rs. 130 million in real estate projects in Bengaluru
Purchase of shares of the Company by TCFSL and Omega TC from Shriram Venture Limited for approximately Rs. 4,683.12 million
2014
2017
Acquisition by Horus Holdings Pte. Ltd. from the Company of Shriram Properties and Infrastructure Private Limited which holds a project land located in a SEZ in Chennai for Rs. 3,712.72 million
2017
2018
Purchase of compulsorily convertible debenture of Shriprop Properties by Mitsubishi Corporation through its subsidiary, DRI India Company Limited for a consideration of Rs. 1,785 million
Signing of a non-binding memorandum of understanding with ASK Property Investment Advisors Private Limited for funding commitment of Rs. 8,000 million in residential real estate projects in Bengaluru and Chennai
2018
2019
Entered the plotted development segment under the name of Shriram Earth. The first project under the series was launched in April, 2019 located off Mysore Road, Bengaluru. This project is spread over an area of 20 acres and contains 381 plots
Entered into a debenture trustee agreement with Kotak India Affordable Housing Fund  1 for investment of Rs. 400 million for the development of Shriram Grand Two, an affordable housing project in Kolkata with approximately 2 million square feet of saleable area.
2019
2022
Shriram Properties acquires a plotted development project in Bangalore
Shriram Properties acquires Suvilas Realities
Shriram Properties acquires Golden Ira project
Company has entered into MoU with ASK Property Fund for setting up an investment platform for acquisition of residential real estate projects
2022
