Brigade Enterprises Shares Price Surges After Signing New Mysuru Project Deal

Brigade Group has taken a significant step towards expanding its real estate footprint in Mysuru through a new Joint Development Agreement (JDA). The project, with a Gross Development Value (GDV) of ₹225 crore, will span over 10 acres and 37 guntas of land. With a development potential of 0.37 million square feet, this venture underlines Brigade’s strategic vision to offer premium living spaces that blend luxury, convenience, and modern community experiences in a high-growth city.

Strategic Growth in a Rising Tier-2 Market

The upcoming project showcases Brigade Group’s foresight in capitalising on Mysuru’s real estate momentum. Mysuru, with its rich cultural heritage and rapidly evolving infrastructure, has become a prime location for real estate investments. Brigade Group already boasts around 30 projects in the city, spanning residential, commercial, retail, and hospitality sectors. This new development further solidifies its position as a dominant player in Karnataka’s largest Tier-2 market. Enhanced connectivity, especially after the launch of the Bengaluru-Mysuru expressway, has added to the city’s appeal, attracting homebuyers who seek quality and accessibility.

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Design, Location, and Lifestyle Integration

The project will feature a blend of premium plots across 8 acres and upscale apartments over 2 acres. Its prime location within Mysuru ensures excellent connectivity, particularly to the Bengaluru-Mysuru highway, positioning it as both convenient and aspirational. Brigade’s design philosophy integrates modern architectural standards with lifestyle-focused amenities, reflecting evolving buyer preferences. The development promises an enhanced residential experience, focusing on integrated design, premium quality, and seamless urban living.

Brigade Enterprises Share Performance 

As of April 08, 2025, at 9:30 AM, Brigade Enterprises share price is trading at ₹920.75 per share, reflecting a surge of 2.78% from the previous day’s closing price. Over the past month, the stock has registered a decline of 3.81%.

Conclusion

With this new joint development in Mysuru, Brigade Group reaffirms its commitment to building superior residential spaces aligned with future urban demands. The project not only strengthens its presence in the city but also exemplifies its long-term vision of delivering high-value, sustainable developments in emerging markets.

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