Bengaluru’s luxury housing market is set to get a major boost as Brigade Group has signed a joint development agreement (JDA) for a premium residential project worth nearly ₹2,500 crore in East Bengaluru.
According to the company’s regulatory filing, the upcoming development will be spread across 10.75 acres of land and feature a saleable area exceeding 2.5 million sq. ft.
Pavitra Shankar, Managing Director of Brigade Enterprises, highlighted the project’s significance, saying:
“This initiative reflects our focus on delivering high-quality residential spaces in Bengaluru’s top micro-markets. The location is evolving rapidly into a premium corridor, and we are confident this project will appeal to a new generation of aspirational homebuyers.”
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Previous Expansions by Brigade Group
Brigade has been on an aggressive growth path in Bengaluru and beyond:
- January 2025 – The developer entered into an agreement to build a large-scale residential project on Whitefield-Hoskote Road, valued at approximately ₹2,700 crore. Spread across 20 acres, it will add another 2.5 million sq. ft. of saleable area, with land costs of about ₹630 crore through its subsidiary, Ananthay Properties Pvt. Ltd.
- April 2025 – Brigade also partnered on a plotted development in East Bengaluru, pegged at ₹175 crore GDV.
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Future Growth Pipeline
Currently, Brigade Group has lined up 12.61 million sq. ft. of residential developments across key southern cities, including Bengaluru, Chennai, and Hyderabad, reinforcing its position as one of India’s leading real estate developers.
With this latest ₹2,500 crore project, Brigade is further cementing its footprint in East Bengaluru’s luxury housing segment, aiming to cater to the rising demand from urban professionals and premium homebuyers.