Property28 Apr 2026, 02:29 pm
Brigade Group acquires 5.72 acres in Hyderabad for
AI Summary
Brigade Group acquired a 5.72-acre land parcel in Osman Nagar, Hyderabad, through an auction conducted by Telangana Industrial Infrastructure Corporation (TGIIC) for ₹44 Crores per acre. The company plans to develop a residential project on this land. This acquisition is a strategic step in expanding Brigade's portfolio in Hyderabad, a dynamic real estate market. The location is ideal due to its proximity to IT hubs and connectivity.
Key Highlights
- Brigade Group acquired 5.72 acres of land in Hyderabad.
- The land was purchased for ₹44 Crores per acre.
- The company plans to develop a residential project.
- Acquisition is part of strategic expansion in Hyderabad.
- Location is ideal due to proximity to IT hubs and connectivity.