MUMBAI: Shriram Properties has entered into a joint development agreement (JDA) for 9.1 acres of land parcel at Doddagubbi in north-east Bengaluru.The company is planning to develop a residential project with a development potential of over 6.7 lakh sq ft area and an estimated gross development value of over Rs 600 crores, the developer said in a release.This deal strengthens Shriram Properties’ development pipeline in Bengaluru and aligns with its strategic growth focus on expanding through asset-light development models in high-potential micro-markets.“North-East Bengaluru continues to emerge as one of the city’s most promising residential growth corridors, supported by robust infrastructure upgrades, improving connectivity, and sustained end-user demand. The micro-market presents strong long-term potential owing to its strategic location and evolving social infrastructure,” said Akshay Murali, Vice President - Business Development, Shriram Properties.Focused on the mid-market and mid-premium segments, Shriram Properties’ key markets include Bengaluru, Chennai, Pune and West Bengal. It has so far delivered over 50 projects with over 31.5 million sq ft of development, in Bengaluru and Chennai and Kolkata.The company has a development pipeline comprising 41 projects with an aggregate development potential of 35.2 million sq ft, including 16.6 million sq ft of ongoing projects, as of March end.