Brigade Enterprises Unveils Ambitious 39-Acre Township in Bengaluru
Brigade Enterprises Ltd announced a new 39-acre township project in Bengaluru, with a projected revenue of Rs 7,200 crore. The development in the Whitefield-Sarjapur area involves a Joint Development Agreement for 8.63 acres in Gunjur. Managed by Pavitra Shankar, Brigade aims to leverage ongoing infrastructure growth.
- Country:
- India
Brigade Enterprises Ltd has unveiled plans for an expansive 39-acre township in Bengaluru, promising a revenue potential of Rs 7,200 crore. The proposed development, announced on Wednesday, marks a significant expansion within the Whitefield-Sarjapur corridor, a prime residential growth area.
The company has signed a Joint Development Agreement (JDA) for an initial 8.63-acre parcel in Gunjur, facilitating the larger township development. This mixed land assembly approach combines outright purchases with joint ventures, enabling comprehensive project execution.
Pavitra Shankar, Managing Director, highlighted the corridor's appeal due to infrastructure expansion and employment hubs. Brigade Group, established in 1986, operates in multiple cities including Bengaluru, Chennai, and Hyderabad.
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