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Brigade Group signs JDA to develop residential project in Bengaluru

24 May 2024 Evaluate

Brigade Group has signed a Joint Development Agreement (JDA) to develop a residential project spread across 6.9 acres with a total development potential of around 0.8 million Sqft and Gross Development Value of Rs 720 crore.

The land is lake facing and located in the prime neighbourhood of Old Madras Road, Bengaluru. The main USP of the project is its proximity to micro-markets like Indiranagar and Whitefield, in addition to good connectivity to other important parts of the city. The project will be in line with Brigade’s innovative design, commitment to sustainability and amenities that for a contemporary living experience.

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.

Peers
Company Name CMP
Lodha Developers 1115.10
Prestige EstatesProj 1458.00
Dilip Buildcon 425.25
DLF 631.05
Oberoi Realty 1778.00
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