Project Details
Brigade Enterprises Limited has launched "Brigade Misty Greens", a premium residential development in Mysuru through a Joint Development Agreement. The project spans 4.5 acres with a projected revenue potential of over Rs. 300 crores.
Project Specifications
The development features three and four bedroom spacious apartment units and 14 exclusive Duplex units. The project is located near the Jayachamaraja Wadiyar Golf Club and Chamundi Hills, offering uninterrupted green and hill views. Its proximity includes key commercial hubs, educational institutions, healthcare facilities, malls, hotels, and resorts.
Strategic Context
This launch consolidates Brigade's longstanding presence in Mysuru, where the company has developed several landmark residential communities. Brigade is described as the only listed player with a strong presence in Mysuru with over 26 projects across residential, commercial and hospitality sectors.
Management Commentary
Pavitra Shankar, Managing Director of Brigade Enterprises Limited, stated: "Mysuru has been an important market for Brigade. With Brigade Misty Greens, we are furthering our vision of developing communities in locations that offer both enduring value and an elevated lifestyle. This project represents another significant milestone in our growth journey and reflects our continued commitment to delivering thoughtfully planned, high-quality communities."
Company Background
Brigade Group was established in 1986 and has close to four decades of expertise in property development. The company has developed landmark buildings in Bengaluru, Chennai, Hyderabad, Mysuru, Kochi, Trivandrum, and GIFT City across Residential, Office, Retail, Hospitality and Education Sectors.
Additional Information
The press release is hosted on the Company's website at www.brigadegroup.com and was submitted to both National Stock Exchange of India Limited and BSE Limited.