Brigade Enterprises Limited has signed a Joint Development Agreement (JDA) on May 25, 2026 for a premium residential project in Kompally, Hyderabad. The project involves development on a land parcel spanning 5.6 acres located in the high-growth corridor of Kompally, North Hyderabad.
The project has an estimated revenue potential of ₹850 crores. The residential development is designed to cater to rising demand for high-quality, sustainable, and modern living spaces in North Hyderabad. Brigade plans to transform the land parcel into a landmark residential community blending architectural excellence with world-class amenities.
According to Amar Mysore, Executive Director of Brigade Enterprises Limited, Hyderabad represents a vital growth market for the company. The city's robust economic momentum, driven by thriving technology and infrastructure sectors, makes it an ideal market for expansion. The company's focus remains on acquiring strategically located land parcels that offer high growth potential while aligning with the company's core principles, governance, and ethical standards.
This project expands Brigade's existing presence in Hyderabad, which includes Brigade at No.7 in Banjara Hills, Brigade Citadel in Moti Nagar, Brigade Gateway at Neopolis (a 4 million sqft premium mixed-use development), Brigade Enclave, and Brigade Manor in Moti Nagar. The company also has a previously announced four-acre project in Neopolis that is currently in an advanced design stage.
As part of its broader expansion strategy in Hyderabad, Brigade plans to deploy approximately ₹5000 crores across residential, commercial, hospitality, and retail segments over the next 3-4 years.
The disclosure is made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The press release is available on the company's website at www.brigadegroup.com.
Financial Impact
The project has an estimated revenue potential of ₹850 crores, though specific cost structure, profitability metrics, or timeline for revenue recognition are not quantified in the disclosure.
Capital Structure Impact
No immediate impact on capital structure disclosed. The project is being developed through a Joint Development Agreement structure.
Governance & Compliance
The disclosure was signed by Om Prakash Palanimuthu (digitally signed) and P. Om Prakash, Company Secretary & Compliance Officer of Brigade Enterprises Limited.