May 02, 2017 Shriram Properties and Xander signs $350 million deal Shriram Properties and Xander Group signed a $350 million (~INR 2290 cr.) deal. Xander acquires 100% interest in Shriram’s Gateway SEZ in Chennai for $190 million (~INR 1250 cr.), with a further commitment of $160 million (~INR 1040 cr.) towards expansion of the IT SEZ.
Oct 15, 2016 M Murali, Managing Director, Shriram Properties Warehousing and Logistics development is the new entrant and will have a good growth. Retail malls are also likely to have a good growth in the next five years. But the clear winner is going to be affordable housing.