Aurum PropTech Limited acquired 14.37% stake in Shriram Properties Limited.

Shriram Properties Limited is an India-based residential real estate development company. The Company is primarily focused on the mid-market and housing categories. It is also present in plotted development, mid-market premium, luxury housing as well as commercial and office space categories in its core markets. The Company has operations in Bengaluru, Chennai, Coimbatore, and Visakhapatnam. In addition, it also has presence in Kolkata in East India, where it is developing a large mixed-use project. It has a total portfolio of 51 projects aggregating to approximately 52.75 million square feet of estimated saleable area, with 23 ongoing projects and 28 upcoming projects. Its Bengaluru projects include Shriram Hebbal 1, Shriram Solitaire, Shriram Chirping Ridge, The Poem by Shriram Properties, Shriram Pristine Estates, Stagename Rhapsody at Eden, Shriram WYTField-2, and Shriram Chirping Grove. Its Chennai projects include Golden Acres at Shriram One City, Park 63, and Codename Mangalam.