Brigade Group has signed a Joint Development Agreement (JDA) with Krishna Priya Estates and Micro Labs to develop around 2 million square feet of residential housing in Bengaluru with a Gross Development Value (GDV) of Rs 2,100 crore. Located in Yelahanka in North Bengaluru and spread over 14 acres, the JDA will add to Brigade Group’s residential portfolio in the city.
Yelahanka is a very fast-growing residential hub in Bengaluru, with excellent infrastructure in place and great connectivity. Brigade Group has a strong pipeline over the next year, of around 13 million square feet in Bengaluru, Hyderabad, and Chennai, of which 11 million square feet is from residential projects.
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.
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