Brigade Group Signs JDA For Plotted Development Project in East Bengaluru

Brigade Enterprises Limited has signed a landmark Joint Development Agreement (JDA) for its first plotted development project in Malur, East Bengaluru. This strategic move reflects the company’s intent to expand into emerging residential corridors supported by robust infrastructure and connectivity.

Strategic Land Acquisition and Project Details

The Brigade Group has secured approximately 20 acres of land for its plotted development venture, with a gross development value of around ₹175 crores. 

The project offers a total development potential of 0.45 million square feet. Located in Malur, a region gaining traction due to its proximity to the Satellite Town Ring Road (STRR) and the Chennai Expressway, this project is poised to cater to a growing demand for affordable, well-connected housing options.

Strengthening Presence in Expanding Residential Corridors

This project marks Brigade Group’s initial foray into plotted development in East Bengaluru, solidifying its footprint in one of the city’s rapidly growing areas. According to Pavitra Shankar, Managing Director of Brigade Enterprises Limited, the initiative aligns with the Group’s vision of creating well-planned, sustainable communities.

Improved infrastructure and enhanced accessibility are driving homebuyers towards the periphery of Bengaluru, and Brigade Group aims to tap into this evolving market with a thoughtfully designed residential offering.

Read More: Brigade Enterprises Shares Price Surges After Signing New Mysuru Project Deal.

Brigade Enterprises Share Performance 

As of April 22, 2025, 9:30 AM, Brigade Enterprises share price is trading at ₹1,015.50, reflecting a 0.69% surge from the previous closing price. Over the past month, the stock has surged by 2.20%.

Conclusion

The signing of the JDA for the Malur project highlights Brigade Group’s strategic focus on future-ready locations and innovative housing solutions. This development enhances the company’s diversified portfolio while contributing to the evolving residential landscape of East Bengaluru.

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