Key Transaction Details
Brigade Enterprises Limited has acquired a 2-acre land parcel on Kanakapura Road in South Bengaluru through outright purchase. The company will develop a premium residential project on the acquired site with an estimated Gross Development Value (GDV) of approximately ₹400 Crores.
Location and Project Characteristics
The land is strategically located on Kanakapura Road, described as one of South Bengaluru's most sought-after residential corridors. The project will offer homes blending contemporary living with spaces designed to foster connectivity, wellness, and long-term value.
Strategic Rationale
According to Amar Mysore, Executive Director of Brigade Enterprises Limited, the acquisition aligns with the company's long-term residential strategy of deepening presence in high-potential micromarkets. The location was selected due to expanding infrastructure, improved connectivity, and rising demand from homebuyers seeking quality living environment. The company noted increasing demand for homes offering access to quality social infrastructure and community experiences.
Regulatory and Administrative Details
Filed by: P. Om Prakash, Company Secretary & Compliance Officer
Digital signature by: Om Prakash Palanimuthu on July 29, 2026 at 18:18:04 +05'30'
Additional Information
The press release is hosted on the company's website at www.brigadegroup.com. Brigade Group has nearly four decades of experience in property development across Bengaluru, Chennai, Hyderabad, Mysuru, Kochi, Trivandrum, and GIFT City with developments across Residential, Office, Retail, Hospitality and Education sectors.