Brigade Group has signed a deal to develop 10 acres and 37 guntas of prime land in Mysuru through a Joint Development Agreement (JDA). This strategic acquisition marks another milestone in Brigade’s commitment to expanding its presence in Mysuru, which already has about 30 projects across Residential, Office, Retail and Hospitality.
The project, with a gross development value (GDV) of around Rs 225 crore and a total development potential of 0.37 million square feet, is set to redefine premium residential living in the region. The development will feature premium plots spanning over 8 acres, and premium apartments spread over 2 acres. The project is strategically located in the heart of Mysuru and is designed to cater to the aspirations of modern homebuyers seeking a harmonious blend of luxury, convenience, and community living.
This project is located with excellent access to the Bengaluru-Mysuru highway, making it both a convenient and aspirational address.
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 | 824.20 |
| Dilip Buildcon | 437.55 |
| DLF | 563.00 |
| Oberoi Realty | 1664.40 |
| Ahluwalia Contract(I | 789.95 |
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