Brigade Group has signed a joint development agreement (JDA) for a plotted development project in Malur, East Bengaluru. Spanning around 20 acres, the project has a gross development value (GDV) of around Rs 175 crore and a total development potential of 0.45 million square feet.
This marks Brigade Group’s first plotted development project in East Bengaluru, reinforcing its presence in one of the city’s expanding residential corridors.
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.