Brigade Group, a prominent real estate developer in India, has entered into an agreement to acquire a land parcel in the rapidly growing Old Madras Road area of Bengaluru. The land parcel, spanning 4.6 acres, has a gross development value (GDV) of ₹ 660 crore and will be utilized for the development of a residential project. This strategic acquisition aligns with Brigade Group’s objective to expand its portfolio of high-quality residential projects in key markets. The project will feature approximately 0.69 million square feet of development potential, catering to the evolving needs and preferences of homebuyers in the city. Brigade Group has a proven track record of developing successful residential projects in Bengaluru, and this new project is expected to further strengthen its position in the market. The company is committed to creating sustainable and customer-centric residential spaces that meet the aspirations of homebuyers. This acquisition adds to the company’s robust pipeline of new launches, which currently stands at approximately 12.61 million square feet across Bengaluru, Chennai, and Hyderabad. Brigade Group remains focused on identifying and acquiring strategic land parcels in target markets to drive its growth and deliver exceptional residential experiences to its customers.
Brigade Group Acquires Land for Residential Project in Bengaluru Worth ₹ 660 Crore
