Brigade Group has signed a joint development agreement (JDA) for a plotted development project in Malur, East Bengaluru. Spanning approximately 20 acres, the project has a gross development value (GDV) of approximately Rs 175 crore and a total development potential of 0.45 million square feet.
Commenting on the development, Pavitra Shankar, Managing Director, Brigade Enterprises, said: “We continue to identify high-potential land parcels that align with our long-term vision of creating well planned communities with a focus on quality, sustainability, and innovation. Malur, with its strategic location along the Satellite Town Ring Road (STRR) and Chennai Expressway, is emerging as an attractive residential destination, offering seamless connectivity to key hubs in Bengaluru. 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.”
This marks Brigade Group's first plotted development project in East Bengaluru, reinforcing its presence in one of the city's expanding residential corridors.