Shriram Codename The One Attibele — 2 & 3 BHK Apartments South Bangalore

Published: 8 July 2026 | By OneCity Property, Senior Property Advisor, Bangalore Real Estate

Shriram Codename The One: Overview

Shriram Codename The One is a residential development by Shriram Properties in Attibele, on the Hosur Road corridor of South-East Bengaluru, close to Electronic City and Chandapura. Spread over 4 acres, the project comprises 6 towers rising to around 15 floors (G+14), housing a total of 340 apartments in 2 and 3 BHK configurations. The project markets itself around one standout amenity — a large sky terrace and open-air theatre described in some listings as among the largest of its kind in Bengaluru — alongside the standard clubhouse and sports facilities expected at this price point.

Location and Connectivity

The project sits at Pillai Land, Taluk, Madiwala Village, Kasaba Hobli, Anekal, Attibele, Bengaluru, Karnataka 562166, just off Hosur Road. This corridor has become one of South Bangalore's fastest-growing residential belts precisely because of its position between two established employment hubs: Electronic City to the north-west and the Bommasandra industrial area nearby, with Sarjapur Road and Koramangala also within reach. Multiple listings cite travel times of roughly 2 to 10 minutes to nearby essentials, around 20 minutes to Bommasandra and Narayana Hrudayalaya hospital, and roughly 30 minutes to the Electronic City metro station and surrounding tech parks — buyers should treat these as approximate, traffic-dependent figures rather than guaranteed commute times.

Nearby landmarks cited across sources include Athreya Hospital in Chandapura, National Highway 48, MEGA International School, and St. Dominic's School (reported at roughly 12 minutes away). The corridor is also expected to benefit from planned infrastructure — the upcoming Yellow Line metro extension, the Peripheral Ring Road, and the Bangalore-Chennai Expressway — though buyers should treat any project's connectivity claims tied to still-under-construction infrastructure as a future benefit rather than a present-day fact.

Configuration, Sizes, and Pricing

Shriram Codename The One offers 2 BHK and 3 BHK apartments only. Reported sizes vary somewhat across listings depending on whether carpet area or super built-up area is being quoted, but the 2 BHK units generally fall around 1,210 sq. ft., while 3 BHK units range from roughly 1,440 sq. ft. up to about 1,715 sq. ft. for the largest, 3-bathroom variant. Indicative pricing across multiple sources places 2 BHK units starting from approximately ₹93 lakh to ₹1.02 crore, 3 BHK units with 2 bathrooms in the ₹1.25-1.35 crore range, and the largest 3 BHK with 3 bathrooms extending up to roughly ₹1.6 crore. As with any pre-launch or early-launch project, these figures should be confirmed against the current official cost sheet before booking, since pricing on a 340-unit project is typically revised in phases as towers sell.

Amenities

The project's amenity list runs past 40-50 individual features across multiple listings, built around a large clubhouse, a rooftop or stacked swimming pool, a gymnasium, multipurpose sports courts, and — the amenity most consistently highlighted in marketing material — an expansive sky terrace and open-air theatre. Additional amenities cited include landscaped gardens across a reported 80%+ open-space allocation, children's play areas, a party hall, indoor game zones, meditation spaces, and round-the-clock security. Specification details mentioned include an RCC framed structure, vitrified tile flooring in living and bedroom areas, anti-skid ceramic tiles in toilets and balconies, concealed copper wiring, and provisional DG backup for both individual units and common areas. Buyers should confirm the exact specification sheet for their specific tower at the time of booking.

RERA Registration, Legal Status, and Possession Timeline

Shriram Codename The One is registered with the Karnataka Real Estate Regulatory Authority under RERA number PRM/KA/RERA/1251/310/PR/120625/007819, a registration number that appears consistently across multiple independent listings — a good sign of a genuinely filed, verifiable registration rather than a marketing placeholder. This can be independently confirmed on the official Karnataka RERA portal. The project launched around June 2025 and is currently in its early construction phase, with completion targeted for around September 2030 and possession expected by December 2030. Buyers should treat this RERA-registered timeline as the reference point rather than any more optimistic date quoted informally by a sales team, and should ask specifically for the project's current construction-progress filing before booking.

Developer Profile: Shriram Properties

Shriram Properties has a long-standing presence across Bengaluru, Chennai, Pune, and West Bengal, with a multi-decade track record of completed residential projects in South India. Across its history the group has delivered dozens of projects spanning tens of millions of square feet of built space, with a continuing pipeline of further residential developments concentrated in its core markets. The company generally positions itself in the mid-market to premium segment, consistent with the pricing seen at Codename The One. For a project still in its early construction phase, a developer's track record on comparable past deliveries is one of the more useful diligence checks available to a buyer — it is worth asking the sales team for the completion history of at least two or three of the developer's most recent handovers in the Bangalore Electronic City-Attibele corridor specifically, rather than the group's citywide record as a whole.

Why the Attibele / Electronic City Corridor?

Attibele's growth as a residential destination is closely tied to its position as an overflow corridor for Electronic City, one of Bangalore's oldest and most established IT employment hubs. As land and pricing in Electronic City itself have tightened over the years, developers have pushed further along Hosur Road into Attibele and Chandapura, offering larger floor plates and lower entry prices in exchange for a longer commute back toward the core IT corridor. This is a fundamentally different growth story from a locality like Koramangala's organic, decades-long development, or the airport corridor's infrastructure-led growth — Attibele's trajectory depends heavily on Electronic City and the broader South Bangalore IT and industrial belt continuing to expand outward. Buyers should weigh this corridor-dependency explicitly: strong upside if Electronic City's employment base keeps growing and pushes housing demand further down Hosur Road, but more exposure than an established locality if that growth slows.

Investment Potential and Rental Outlook

Rental demand in the Attibele-Electronic City corridor is driven substantially by IT and ITES employees who work in Electronic City but are priced out of housing closer to their workplace, plus a growing base of professionals at industrial and logistics facilities along Hosur Road. This tends to support steady rental demand from working professionals, though prospective investors should independently verify current achieved rents for comparable 2 and 3 BHK units in the immediate Attibele micro-market rather than relying on broader Electronic City rental averages, since actual rents at the far end of a commute corridor can lag the core employment hub's rates noticeably. Capital appreciation in a still-developing corridor like this is generally tied closely to specific infrastructure milestones — the Yellow Line metro extension in particular — reaching completion on schedule, which is a real but not guaranteed variable buyers should factor into their own timeline.

Legal and Documentation Checklist for Buyers

Before signing any agreement for a unit at Shriram Codename The One, buyers should independently verify the RERA registration certificate against the project name, promoter name, and registration number quoted by the sales team, the encumbrance certificate for the underlying 4-acre parcel, the approved layout and building plan for the specific tower being sold, and the sale agreement's payment schedule, carpet area disclosure, and possession-delay penalty clauses. Given the project's scale across 6 towers, it is worth confirming whether all towers share a single RERA registration or whether later towers, if launched in a separate phase, carry their own distinct registration number. Our first-time property buyer guide for Bangalore covers the general document checklist in more depth for readers newer to this process.

Home Loan and Financing Considerations

Apartments in the roughly ₹93 lakh to ₹1.6 crore range at Codename The One generally qualify for standard housing loan products from most major banks, typically at loan-to-value ratios of 75-80% for salaried applicants, subject to income, existing liabilities, and credit history. Because the project is still under construction, disbursement is likely to follow a construction-linked schedule, with funds released to the developer in tranches tied to progress milestones rather than as a single lump sum. Buyers should confirm with their lender exactly how disbursement for their specific tower and unit will be scheduled, and should compare pre-approved offers from at least two or three lenders before finalising, since processing fees and interest rates can vary meaningfully between banks even for similar borrower profiles.

How Shriram Codename The One Compares to Nearby Options

Within the Attibele-Chandapura stretch of Hosur Road, Codename The One competes with several other Shriram Properties developments in the immediate vicinity, alongside projects from other mid-market developers targeting the same Electronic City-adjacent demand. Its main points of differentiation, per available marketing material, are its scale of amenities relative to unit count and its emphasis on the sky-terrace and open-air theatre feature. Buyers specifically comparing options along this corridor should ask each shortlisted project for its exact distance to Electronic City's main IT parks, since even a few kilometres' difference along Hosur Road can meaningfully affect daily commute time during peak traffic.

Documentation Timeline After Booking

The standard sequence for an under-construction, RERA-registered purchase in Karnataka applies here: an initial booking amount secures an Allotment Letter, followed by a formal Sale Agreement specifying the payment schedule, carpet area, and possession commitment. Payments then release against construction milestones per the agreed schedule, and a Sale Deed is registered at the sub-registrar's office closer to possession, at which point stamp duty and registration charges become payable. Buyers should request a copy of the draft Sale Agreement before making any payment beyond the initial booking amount, and should treat the RERA-registered possession date, not an informally quoted one, as the reference timeline throughout.

Understanding the Full Cost of Purchase

As with any Karnataka property purchase, the quoted price is not the full acquisition cost. Buyers should budget separately for stamp duty and registration charges on a slab basis tied to the property's value, GST applicable to under-construction non-affordable housing, a one-time corpus fund collected at possession to seed the owners' association's reserve, and an advance maintenance deposit. For a 340-unit project with an amenity-heavy clubhouse and sky terrace, maintenance charges are likely to be higher in absolute terms than at a smaller, simpler development, even if the per-unit share remains reasonable — buyers should ask for an indicative monthly maintenance figure at the time of booking rather than assuming it will be nominal.

2 BHK vs 3 BHK: Which Configuration to Choose

For a buyer deciding between the 2 BHK and 3 BHK options at Codename The One, the choice generally comes down to household size and budget rather than location, since both configurations sit within the same towers and amenity access. The 2 BHK, at roughly 1,210 sq. ft. and starting under ₹1 crore, is the more accessible entry point and is likely to carry the broadest resale and rental demand in this corridor, where many buyers and tenants are first-time entrants to homeownership or renters relocating for Electronic City employment. The larger 3 BHK variants, particularly the 3-bathroom option extending to around 1,715 sq. ft., suit a joint family or a household specifically wanting the extra room, at a meaningful price premium. Buyers genuinely undecided should ask for the exact per-square-foot rate on both configurations on their preferred floor, since the premium for extra space can vary by tower and phase.

Owners' Association and Long-Term Maintenance at Scale

A 340-unit, 6-tower project will require a properly structured owners' association once possession begins, generally with tower-level representation feeding into a master association responsible for shared amenities like the clubhouse and sky terrace. Buyers should ask the developer how this governance handover is planned and over what timeline, since a poorly structured multi-tower association can lead to disputes over shared cost allocation once residents take over from the developer. A well-run association at this scale can typically deliver amenity quality that a smaller project cannot match on a per-unit cost basis, provided the governance structure is set up correctly from the outset.

The Bottom Line for Buyers

Shriram Codename The One is best understood as a value-and-amenity play in a corridor whose growth is closely tied to Electronic City's continued expansion along Hosur Road. Its combination of a relatively accessible entry price, a large amenity package anchored by its sky terrace, and a recognised regional developer makes it a reasonable project to shortlist for buyers specifically targeting the Attibele-Electronic City corridor — whether as an end-user commuting to Electronic City or Bommasandra, or as an investor targeting rental demand from that same employment base. The trade-off is a longer-term dependency on this corridor's infrastructure, particularly the Yellow Line metro extension, continuing to progress on schedule. Buyers should complete the standard RERA, legal, and financing checks outlined above independently before booking, regardless of how the current stage of construction is presented by the sales team.

Who Shriram Codename The One Suits Best

Given its 2 and 3 BHK-only configuration mix and entry pricing under ₹1 crore for the smaller unit, Codename The One is realistically positioned for young professionals working in or around Electronic City, first-time homebuyers, and small to mid-sized families who want a shorter commute to South Bangalore's IT corridor than they would get from a more central but far pricier locality. Investors specifically targeting rental demand from Electronic City's working population may also find this corridor's price-to-rent dynamics more favourable than closer-in, already-expensive micro-markets. Buyers wanting to compare this project against other ongoing Bangalore projects or browse the wider property listings for the Electronic City-Attibele corridor can use those sections of this site as a starting point.

Site Visit Practicalities

Given the project's early construction stage, buyers planning a site visit should ask specifically which of the 6 towers has progressed furthest and request to view a model apartment or a completed floor from that tower, rather than assuming uniform progress across all towers. It is reasonable to request the RERA-mandated quarterly progress filing for the specific tower of interest, since this is a more reliable indicator of real construction pace than a general sales-office presentation. Current cost sheets, floor plans by tower, and payment schedules should always be confirmed on the day of the visit rather than relied upon from the pricing referenced in this article or in older third-party listings, since pricing on a 340-unit project is typically revised in phases.

For further verification, buyers can consult the Karnataka RERA portal directly using the registration number above, and may find Shriram Properties' own project pages via their official website useful for brochures and documentation. Readers can also browse our under-construction investment guide or review current OneCity Property advisory plans, and our homepage lists several other South Bangalore and Electronic City corridor projects for comparison.

Resale and Exit Planning

Because Codename The One is currently under construction, any resale before possession is subject to the developer's transfer policy, typically involving a transfer fee and the developer's written consent before the original buyer's agreement can be assigned to a new buyer. Buyers who may need liquidity before possession should confirm this transfer policy explicitly at the time of booking, since terms vary by developer. Post-possession, resale value in a still-developing corridor like Attibele tends to be more closely tied to how quickly the surrounding retail, school, and metro infrastructure matures than would be the case in an already-established locality, making the corridor's broader development pace a relevant factor for anyone planning an eventual exit.

A Note on Corridor-Wide Competition

Attibele and the broader Chandapura-Hosur Road stretch currently has a notably high concentration of competing launches, including several other Shriram Properties developments in the immediate vicinity along with projects from other mid-market builders targeting the same Electronic City-adjacent demand. This level of supply concentration is worth factoring into both pricing expectations and resale timelines — a corridor with many similarly-priced, similarly-positioned projects launching around the same time can see slower price appreciation in the near term than a corridor with more limited new supply, simply because buyers have more comparable options to choose between. This is not a reason to avoid the corridor, but it is a reason to compare Codename The One specifically against its closest competing launches on amenities, exact distance to Electronic City, and construction progress, rather than evaluating it in isolation.

Low-Rise Living at Height: What 15 Floors Means Day to Day

At roughly 15 floors, Codename The One's towers sit in a middle ground between a low-rise boutique building and the 25-30+ floor towers common in larger Bangalore townships. This generally means moderate lift wait times — better than a very tall, densely-populated tower, though not as immediate as an 8-floor building — and a reasonable balance between upper-floor views and easier evacuation in an emergency compared with much taller structures. Buyers specifically choosing a floor should weigh higher floors' better cross-ventilation and reduced street noise against the marginally longer lift dependency during peak usage hours in a 340-unit, 6-tower community.

Understanding Attibele's Real Estate Trajectory

Attibele's transformation from a peripheral industrial belt into a recognised residential destination has unfolded largely over the past several years, driven almost entirely by Electronic City's inability to absorb further residential demand within its own already-built-up boundaries. This pattern — established employment hub reaches capacity, residential development pushes further out along the connecting arterial road — is a familiar one across Bangalore's growth corridors, and it generally rewards early entrants with lower purchase prices in exchange for living through a longer period of surrounding infrastructure catching up to residential density. Buyers considering Codename The One should view their purchase through this lens: an early-stage bet on a corridor whose long-term value depends on Electronic City's continued relevance as an employment hub and on planned infrastructure like the Yellow Line metro actually reaching completion within a reasonable timeframe.

For readers weighing this specific trade-off against other options across the city, our plot versus apartment investment guide and our broader look at resale flats versus new launches in Bangalore both cover adjacent decision points relevant to a purchase in a still-developing corridor like this one.

A Closing Note on Due Diligence at This Price Point

Properties in the roughly ₹93 lakh to ₹1.6 crore range at Codename The One sit at a price point where buyers are often first-time purchasers making one of the largest financial decisions of their lives, which makes the standard diligence checklist — RERA verification, encumbrance certificate, independent legal review of the sale agreement, and a realistic assessment of the developer's delivery track record — arguably more important here than at a premium project where buyers may already be more experienced with real estate transactions. Taking the extra week required to complete these checks properly, rather than being rushed by a limited-period launch offer, is consistently the better decision for a purchase of this size and consequence.

Comparing Attibele Against Other Emerging Corridors

Buyers weighing Attibele against Bangalore's other actively developing corridors — North Bangalore's airport belt, or the Sarjapur Road extension toward Whitefield — should recognise that each corridor's growth driver is distinct. Attibele's is Electronic City's overflow demand specifically; it is not benefiting from the same airport-linked infrastructure investment driving North Bangalore, nor does it have Sarjapur's proximity to multiple established IT parks simultaneously. This narrower, single-driver growth story can mean less diversified upside than a corridor benefiting from several infrastructure catalysts at once, but it also means the investment thesis is simpler to evaluate: it depends primarily on Electronic City's continued health as an employment centre. Readers comparing options across these different corridors may find our overview of upcoming apartments across Bangalore's prime locations and our piece on the North Bangalore corridor specifically useful for a side-by-side comparison of these different growth stories before deciding which trade-off suits their own investment timeline.

Frequently Asked Questions

What configurations does Shriram Codename The One offer?

The project offers 2 BHK and 3 BHK apartments only, with 2 BHK units around 1,210 sq. ft. and 3 BHK units ranging from approximately 1,440 sq. ft. to 1,715 sq. ft. depending on the bathroom configuration.

What is the RERA number for Shriram Codename The One, and how do I verify it?

The project is registered under Karnataka RERA number PRM/KA/RERA/1251/310/PR/120625/007819. Buyers can verify this directly on the Karnataka RERA portal by searching the project name or registration number.

How many units and towers does Shriram Codename The One have?

The project has 340 apartments across 6 towers of approximately 15 floors each (G+14), spread over 4 acres in Attibele, South-East Bengaluru.

When is possession expected at Shriram Codename The One?

Possession is currently targeted for around December 2030, based on the project's RERA registration, following an expected construction completion around September 2030. Buyers should confirm current construction progress directly with the developer before booking.

Where exactly is Shriram Codename The One located?

The project is at Pillai Land, Taluk, Madiwala Village, Kasaba Hobli, Anekal, Attibele, Bengaluru, Karnataka 562166, off Hosur Road, close to Electronic City and Chandapura.

Who is developing Shriram Codename The One?

Shriram Codename The One is developed by Shriram Properties, a developer with a long-standing presence across Bengaluru, Chennai, Pune, and West Bengal and a multi-decade track record of completed residential projects in South India.

What is the starting price at Shriram Codename The One?

Indicative pricing starts from approximately ₹93 lakh to ₹1.02 crore for a 2 BHK unit, rising to approximately ₹1.6 crore for the largest 3 BHK configuration, based on current listings. Buyers should confirm pricing directly with the developer.

What is the standout amenity at this project?

The project's marketing centres on an expansive sky terrace and open-air theatre, described in some listings as among the largest of its kind in Bengaluru, alongside a standard clubhouse, swimming pool, and sports facilities.

Should I get a lawyer to review the sale agreement even though the project is RERA-registered?

Yes. RERA registration confirms regulatory compliance and escrow protection, but it does not substitute for an independent legal review of the specific sale agreement, payment schedule, and carpet area terms being offered to you.