Shriram Properties Ltd. (SPL) has partnered with Kotak India Affordable Housing Fund-I (KIAHF) for development of its next phase of affordable housing project in Kolkata named Shriram Grand 2. KIAHF, an affordable housing fund that is managed by Kotak Investment Advisors Ltd. and CDC Group, would invest up to ₹40 crore. This housing project will have over 3,000 units and aggregate saleable area of over 2.1 million sq.ft. In the first phase, it will have 2,300 units with saleable area of around 2 million sq.ft.