Brigade Group has signed a Joint Development agreement (JDA) to develop luxury residences of around 0.4 million square feet in Mysuru, with a Gross Development Value (GDV) of Rs 300 crore. Located in Kurubarahalli, next to the JW Golf Club Mysuru, the project will be spread over 4 acres. The JDA will add to Brigade Group’s residential portfolio in Mysuru of over 25 residential projects that includes recent deliveries like Brigade Symphony, Brigade Topaz, Brigade Mountain View, and Brigade Palmgrove, and earlier successes such as Brigade Splendour, Brigade Citadel, Brigade Solitaire, and many others.
Brigade has been a strong brand in Mysuru over the last 3 decades. This luxury project will consist of large units including penthouses, designed with premium amenities and situated right next door to the Mysore Golf Club with beautiful views of Chamundi Hills. 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.
| Company Name | CMP |
|---|---|
| Lodha Developers | 875.75 |
| Dilip Buildcon | 450.60 |
| DLF | 607.70 |
| Oberoi Realty | 1724.10 |
| Ahluwalia Contract(I | 866.35 |
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