Brigade Enterprises’ wholly owned subsidiary -- Brigade Tetrarch has entered into a sale deed on September 15, 2023 for acquiring 5 Acres 35.25 guntas of land parcel located at Venkatala Village, Yelahanka Hobli, Bangalore North Taluk, Bangalore for an overall consideration of Rs 123.50 crore from Bangalore Ceramics.
It will be developing a residential project on this land parcel with an overall development of nearly one million square feet with an overall revenue potential of around Rs 800 crore.
Brigade Enterprises is engaged in developing residential, commercial and retail properties primarily in Bangalore and Mysore, and has also developed and is managing a number of serviced apartments under the brand, Brigade Homestead.
