Business Update9 May 2024, 09:21 pm
Brigade Group Signs Agreement for New Rs. 660 Cr Residential Project in Bengaluru
AI Summary
The Brigade Group has announced the acquisition of a prime 4.6-acre land parcel in Bengaluru, with a total development potential of around 0.69 Mn Sqft and a Gross Development Value of Rs. 660 Cr. The new residential project aligns with Brigade's commitment to delivering quality, sustainable spaces in Bengaluru's growing residential hub, Old Madras Road.
Key Highlights
- Brigade Group acquires 4.6-acre land parcel on Old Madras Road, Bengaluru
- Total development potential: around 0.69 Mn Sqft
- Gross Development Value: Rs. 660 Cr
- Project aligns with Brigade's commitment to sustainable, high-quality spaces
- New residential project situated in Bengaluru's fast-growing, well-connected Old Madras Road