New Launch24 Mar 2025, 10:31 pm
Brigade Group Acquires Land in Whitefield, East Bengaluru for Premium Residential Project Worth ₹ 950 Crore
AI Summary
Brigade Group, a leading real estate developer in India, has acquired a 4.4-acre land parcel in Whitefield, East Bengaluru for the development of a premium residential project. The project has a total development potential of 0.6 million square feet and a Gross Development Value of approximately ₹ 950 crore. The development will feature state-of-the-art amenities and high-end specifications, offering a mix of spacious apartments designed to meet the needs of contemporary families.
Key Highlights
- Acquisition of a 4.4-acre land parcel in Whitefield, East Bengaluru
- Development of a premium residential project with a total development potential of 0.6 million square feet
- Gross Development Value of approximately ₹ 950 crore
- Strategic alignment with the company's vision for premium residential development
- Expected to set new benchmarks in the segment