Brigade Group acquires land in Whitefield for residential project

Brigade Enterprises announced today the acquisition of a 4.4-acre land parcel in Whitefield, East Bengaluru. The company plans to develop a premium residential project on the site, boasting a development potential of 0.6 million square feet. The project is estimated to have a Gross Development Value of approximately ₹950 crore. The development will feature state-of-the-art amenities and high-end specifications, catering to contemporary family needs. Brigade Group emphasizes that this acquisition aligns with their commitment to growth and innovation in the luxury residential segment in Bengaluru. This information is in accordance with Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.