According to reports from Business Standard, Brigade Group has announced the outright purchase of a 2-acre land parcel located on Kanakapura Road in South Bengaluru. The company will develop a premium residential project on the site with an estimated Gross Development Value (GDV) of approximately ₹400 crore. The project is strategically positioned on one of South Bengaluru's most sought-after residential corridors, situated within a highly coveted residential corridor recognised for its expanding infrastructure and enhanced connectivity.
As reported by Business Standard, the project will offer homes that blend contemporary living with spaces that foster connectivity, wellness, and long-term value. According to Amar Mysore, Executive Director of Brigade Enterprises Limited, Kanakapura Road has emerged as a key growth corridor in Bengaluru, driven by expanding infrastructure, improved connectivity and rising demand from homebuyers seeking a quality living environment. The acquisition aligns with the company's long-term residential strategy of deepening presence in high-potential micro markets and creating communities designed for how people aspire to live.
According to Business Standard, Mysore noted that the company is increasingly seeing demand for homes that offer access to quality social infrastructure and foster meaningful community experiences. The acquisition reflects Brigade Group's focus on creating communities designed for how people aspire to live, particularly in markets with strong infrastructure development and growing residential demand. The project is part of Brigade Group's ongoing commitment to developing landmark properties across India, ensuring the integration of design excellence, sustainable living, and quality construction.
Established in 1986, Brigade Group has carved a niche as a leading property developer in India, building positive experiences for stakeholders across various sectors including Residential, Office, Retail, Hospitality, and Education. The company maintains a significant presence in several major Indian cities such as Bengaluru, Chennai, Hyderabad, Mysuru, Kochi, Trivandrum, and GIFT City. With a strong pipeline of projects across key Indian cities, Brigade continues to enhance urban landscapes through innovative and customer-centric developments, as reported in the latest regulatory filing submitted to the National Stock Exchange of India.
