Shriram Properties has received an encouraging 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. This 400+ unit Balinese-themed project with an aggregate saleable area of ~5.0 lakh sq-ft 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.
Commenting on the early success, Vivek Venkateswar, chief sales & marketing officer, Shriram Properties said, “We were confident of offering a very strong product for our customers which has been well received. Customers were delighted with the concept that the Project showcased, and its excellent value proposition. We are thankful to the customers for the confidence reposed and we remain committed to delivering considerable value.”
