| Residential Real Estate Development | Mid-market and affordable housing apartments, villas, plotted developments | Strong regional brand, strategic land bank, diversified city presence, robust delivery track record | Mainly B2C homebuyers in South and East India urban markets | Own developments and joint ventures with efficient cost controls | 823 | 100 | Sale of properties, revenue recognized on project completion and handover | Direct sales, fixed pricing with phased payment linked to construction milestones | Urban housing demand, affordable segment focus, new launches, improved approvals | Shriram Liberty Square, Shriram Pristine Estates, Shriram Chirping Woods, Shriram Grand One |