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Shriram Properties sells 70% inventory in Codename Ultimate, Bengaluru

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Last Updated : Mar 18 2024 | 1:31 PM IST
Shriram Properties has received an excellent response for its recently launched project Codename Ultimate near Electronic City, Bengaluru.

In its opening weekend, the Company sold nearly 70% of its project inventory in Codename Ultimate, supported by excellent customer response to the compelling value proposition. This 400+ unit Balinese-themed project with an aggregate saleable area of ~5.0 lakh sqft is characterized by its tranquil and harmonious ambience that prioritizes open spaces.

Shriram Properties has a strong familiarity with this micro market, as the Company has already completed and delivered over 2,700 units across 3 projects (Shriram Summit, Shriram Signiaa and Shriram Smirithi) in this neighbourhood during the last 3-5 years. The Company is in the process of handing over another ~ 650 units in Shriram Liberty Square, completed recently and is targeting to hand-over another ~500 units in Phase-1 of Shriram 107 South East in the coming quarters. Apart from delivering quality homes with modern amenities, Shriram projects have also yielded significant value appreciation for its customers over the years.

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First Published: Mar 18 2024 | 1:18 PM IST

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