Brigade Group Acquires 20.19 Acre Land Parcel in Bengaluru for Rs. 588.33 Cr, Plans Rs. 5200 Cr Mixed-Use Development

In a significant move, Brigade Group has acquired a 20.19 acre land parcel in the Whitefield-Hoskote corridor of Bengaluru for Rs. 588.33 Cr. The land was purchased through Ananthay Properties Private Limited, a subsidiary of Brigade Enterprises Limited. Strategically located, the site offers potential for a mixed-use development with a Gross Development Value (GDV) of Rs. 5200 Cr. The project, with an estimated development potential of 4.2 million sq. ft, will encompass residential, commercial, and retail components. This acquisition strengthens Brigade Group’s presence in Bengaluru and reaffirms its commitment to creating integrated urban ecosystems.