Deals30 Jan 2026, 11:42 am
Brigade Group Signs Agreement to Purchase Prime Land Parcel in Secunderabad for ~650 Cr Residential Project
AI Summary
Brigade Group, a leading property developer, has signed an agreement to acquire a prime land parcel of 2.25 acres in Secunderabad for a high-quality residential development. The project, which will be executed via outright purchase, has an estimated Gross Development Value (GDV) of approximately 650 Crores. This strategic acquisition aligns with Brigade's commitment to deliver residential spaces that enhance the urban landscape and reinforce their strategic growth plans in Telangana.
Key Highlights
- Brigade Group signs agreement to acquire a 2.25-acre land parcel in Secunderabad
- The project has an estimated Gross Development Value (GDV) of approximately 650 Crores
- The acquisition is part of Brigade's focus on identifying and acquiring land in high growth corridors
- The land parcel will be developed in line with the company’s philosophy of creating holistic living environments
- This strategic move aligns with Brigade’s strategic growth plans to expand their footprint across Telangana