Pavitra Shankar, Managing Director, Brigade Enterprises
Bengaluru-based realty developer Brigade Group has signed a joint development agreement (JDA) worth approximately ₹175 crore for a plotted development project in Malur, East Bengaluru. This marks Brigade Group’s first plotted development project in East Bengaluru, strengthening its presence in one of the city’s expanding residential corridors.
The project will span approximately 20 acres, and a total development potential of 0.45 million square feet.
Commenting on the development, Pavitra Shankar, Managing Director, Brigade Enterprises Limited, said: “We continue to identify high-potential land parcels that align with our long-term vision of creating well-planned communities. With improving infrastructure and enhanced accessibility, more homebuyers are exploring well-connected, affordable living options beyond the city’s core. Through this development, we aim to introduce a thoughtfully designed residential offering that enhances value for homebuyers while contributing to the region’s growth.”
The shares of the company closed at ₹1,011.50, up by 2.63 per cent on the BSE.
Published on April 21, 2025
