Brigade Enterprises Expands Portfolio with Strategic Land Acquisition in Whitefield

Brigade Enterprises has purchased 4.4 acres in Whitefield, Bengaluru, for a housing project projected to generate Rs 950 crore. Managing Director Pavitra Shankar states this will enhance their portfolio. Established in 1986, Brigade operates in residential, office, retail, and hotel real estate sectors across South and West India.

Brigade Enterprises, a leading real estate firm, has acquired 4.4 acres of land in Whitefield, Bengaluru. The new housing project is expected to generate an estimated revenue of Rs 950 crore.

In a regulatory announcement, the company revealed plans for a premium residential project with a development potential of 0.6 million square feet. Pavitra Shankar, Managing Director, stated that this acquisition will significantly enhance Brigade's portfolio.

Founded in 1986, Bengaluru-based Brigade Group is a prominent property developer in India. The company has a strong presence in residential, office, and retail real estate, as well as in the hotel industry, primarily across South and West India.

(With inputs from agencies.)