Brigade Group has significantly increased its footprint in Mysuru by entering into a joint development agreement (JDA) to develop 10 acres and 37 guntas of valuable land in the center of the city.
The new project provides a total development potential of 0.37 million square feet and has a gross development value (GDV) of about Rs. 225 crore. High-end apartments on two acres and upscale plotted complexes on more than eight acres will be part of it.
The goals of contemporary homeowners looking for elegance, convenience, and a sense of community are being met by this integrated residential complex.
With its prime location and close proximity to the Bengaluru-Mysuru motorway, the project is expected to establish itself as a premier residential destination. Mysuru is now much easier to reach because to the expressway, which has increased demand for real estate. This project takes advantage of the city's growing appeal as the largest Tier-II real estate market in Karnataka, drawing in affluent purchasers seeking a high standard of living.
The project's upmarket amenities, strategic location, and integrated master plan are its main features. It is anticipated that the development would establish new standards for quality, design, and urban convenience. Brigade's commitment to provide outstanding residential experiences and sustainable urban development is demonstrated by its ongoing investments in important markets like Mysuru. In Mysuru, the company has previously completed about 30 projects in the residential, commercial, retail, and hospitality sectors; its most recent development is in line with its strategic expansion objective.
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