Brigade Enterprises Ltd has signed a Joint Development Agreement for a plotted residential project in Malur, East Bengaluru. Spanning approximately 20 acres, the development is expected to generate a gross development value of Rs 175 crore, with a total potential of 0.45 million square feet. &nbs...
Brigade Enterprises Ltd has signed a Joint Development Agreement for a plotted residential project in Malur, East Bengaluru. Spanning approximately 20 acres, the development is expected to generate a gross development value of Rs 175 crore, with a total potential of 0.45 million square feet.
The project marks Brigade’s first venture into plotted development in East Bengaluru, a region gaining traction as a residential hub due to its strategic location along the Satellite Town Ring Road and Chennai Expressway. Improved infrastructure and connectivity have made Malur an attractive destination for homebuyers seeking affordable yet well-connected housing options.
Brigade Enterprises aims to create a thoughtfully designed residential community that aligns with its vision of quality, sustainability, and innovation. The project will cater to the growing demand for well-planned living spaces in emerging micro-markets, contributing to the region’s development.
Residential Expansion Highlights:
- Brigade Enterprises signs a Joint Development Agreement for a 20-acre residential project in Malur, East Bengaluru.
- The project has a gross development value of Rs 175 crore and a total potential of 0.45 million square feet.
- Malur’s strategic location and connectivity drive demand for affordable housing options.
Sources: Business Standard, CNBC-TV18, India Infoline.