Brigade Buys 4-Acre Neopolis Land in Hyderabad Expansion

Brigade Enterprises has acquired a 4.04-acre land parcel in Neopolis Phase 3, Hyderabad, for approximately Rs. 118 crore per acre in an auction conducted by the Hyderabad Metropolitan Development Authority (HMDA), the company announced on December 4.

This acquisition marks Brigade’s second major investment in the Neopolis micro-market, following an earlier land purchase currently being developed as Brigade Gateway (Plot No. 8).

The move reinforces Brigade’s strategic expansion plans in Hyderabad, one of India’s fastest-growing real estate hubs.

Key Highlights

• Brigade acquires 4.04 acres in Neopolis Phase 3 for Rs. 118 crore per acre
• This marks the company’s second major investment in the Neopolis micro-market
• Brigade continues expansion across South India with a diverse development portfolio

The new Neopolis acquisition strengthens its land bank and signals a continued focus on high-demand growth corridors. “Hyderabad is a key market in our expansion strategy,” said Amar Mysore, Executive Director, Brigade Enterprises.

“Around this time last year, we launched Brigade Gateway in Neopolis a premium mixed-use development inspired by our iconic Bengaluru project, bringing together all key asset classes including Orion Mall, World Trade Center Hyderabad, a five-star deluxe InterContinental hotel, and high-end residences supported by a well-appointed clubhouse. With a robust pipeline of projects planned for Hyderabad, this acquisition underscores our commitment to investing in high-potential locations and delivering well designed, future-ready developments for discerning customers,” he said.

Also Read: Brigade Group to Develop Rs. 800 Cr Premium Project in Begumpet

With Neopolis emerging as a premium destination for large-scale residential and commercial developments, Brigade’s growing footprint in this micro-market highlights the company’s long-term confidence in Hyderabad’s real estate trajectory.