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Brigade Group To Strengthen Its Presence in Bangalore: Announced Project Worth ₹1,100 Crore

04 July 20243 mins read by Angel One
Brigade Group has decided to develop an 8-acre residential project on Bengaluru's Tumkur Road, with a gross development value of ₹1,100 crores.
Brigade Group To Strengthen Its Presence in Bangalore: Announced Project Worth ₹1,100 Crore
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On July 03, 2024, Brigade Group, a leading Indian real estate developer, unveiled a new joint development project in West Bangalore’s coveted Tumkur Road area. This project adds to Brigade’s impressive portfolio and caters to the discerning tastes of modern urban homebuyers.

Encompassing 8 acres of prime land, the project boasts a total development area of approximately 1.2 million square feet. With an estimated Gross Development Value (GDV) of ₹1,100 crores, this development promises to be a landmark addition to Bangalore’s residential landscape.

The project prioritises a comfortable living experience. Spacious two- and three-bedroom apartments will be designed to maximise natural light and ventilation. Lush green landscaping and ample open spaces will create a serene and refreshing ambience, offering residents a sanctuary within the bustling city.

The project’s strategic location in Tumkur Road provides unparalleled convenience. Residents will enjoy easy access to prominent shopping hubs, entertainment zones, and a network of well-established office spaces. This vibrant environment caters to a dynamic lifestyle, while easy access to the city centre allows for seamless travel.

Brigade’s Legacy of Quality and Sustainability

This new project exemplifies Brigade Group’s ongoing commitment to Bangalore’s real estate market. By focusing on high-quality construction, incorporating sustainable practices, and fostering thriving communities, Brigade Group remains dedicated to shaping the city’s skyline and enriching the lives of its residents.

“Bengaluru’s residential real estate market is experiencing tremendous growth, and we are excited to be part of this growth momentum. This project will be a significant landmark in this micro market of Tumkur Road and is in addition to our planned pipeline of over 12 million square feet of residential developments planned across Bengaluru, Chennai and Hyderabad in the coming year,“ said Pradyumna Krishnakumar, Executive Director of Brigade Enterprises Limited.

He further added, “It aligns with our strategic vision to expand our presence in key growth corridors of Bangalore and our commitment to providing unparalleled living experiences to our home buyers. West Bangalore is increasingly being favoured for residential developments owing to its excellent connectivity and existing infrastructure.”

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.

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