ET Realty Industry reported on 2026-09-23 that Shriram Properties plans to invest ₹4,000 crore more in its Uttarpara project, which will include residential, commercial, healthcare and educational facilities. The company has already invested ₹2,000 crore and developed 65 acres at the project.
What happened
The project’s second phase includes 3,400 flats, while the third phase has 198 villas under development.
Shriram Properties’ CMD sees the investment transforming Uttarpara into a hub similar to Bengaluru’s Whitefield.
Why it matters
The planned investment covers more than housing. The project is also set to include commercial, healthcare and educational facilities, giving homebuyers and investors several project components to track.
Expert view
The 65-acre development has an existing investment of ₹2,000 crore, with further spending planned across multiple uses. Buyers can assess the residential offerings alongside the company’s stated plans for the wider project.
What buyers should check
Buyers should check whether a property is part of phase two, which includes 3,400 flats, or phase three, which includes 198 villas. They should also confirm the project component involved—residential, commercial, healthcare or educational—and review the development details before making a decision.
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