Brigade Group Inks Rs.1,200 Cr Housing Project in South Bengaluru

According to a regulatory filing by Brigade Group on September 22, 2023, the Bengaluru-based public real estate developer Brigade Group announced the signing of a joint development agreement for a new residential project located in South Bengaluru residential market with an estimated GDV of Rs. 1,200 crore.

Earlier in January 2023, Brigade Group signed an agreement for the development of a residential land parcel located along Whitefield-Hoskote Road project with an estimated development potential of Rs. 2700 crore. Located on a sprawling 20-acres of land, the residential project is expected to have a total saleable area of almost 2.5 million sq ft, with a total land cost of approximately Rs. 630 crore through their subsidiary Ananthay Properties Private Limited.

Key Highlights

• Brigade Group signs Rs. 1,200 crore joint development deal for South Bengaluru residential project.
• Company expands pipeline with Rs. 2,700 crore Whitefield-Hoskote project and Rs. 175 crore plotted development in East Bengaluru.
• Brigade plans 12.61 million sq. ft. of new residential projects across Bengaluru, Chennai, and Hyderabad.

Also Read: Brigade Signs INR 2500 Cr JDA for East Bengaluru Project

Brigade Group also signed a joint development agreement for a new plotted development project located in East Bengaluru, with an estimated GDV of Rs. 175 crore, as announced on April 21, 2025.

Currently, Brigade Group has a pipeline of future residential projects with an estimated 12.61 million square feet of new development expected to be completed in Bengaluru, Chennai, and Hyderabad.

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“Banashankari real estate represents a unique blend of heritage and connectivity, supported by social and physical infrastructure, making it ideal for quality residential development,” said Pavitra Shankar, Managing Director, Brigade Enterprises Ltd. “With Bengaluru property market evolving, we remain dedicated to delivering thoughtfully designed homes that not only elevate urban living but also contribute meaningfully to the city’s growth and economic landscape.”