Brigade Group has entered into a Joint Development Agreement (JDA) for a premium residential project in Kompally, Hyderabad, estimated to generate ₹850 crores in revenue. The project will span 5.6 acres in a high-growth corridor, enhancing Brigade’s residential footprint in Telangana.
The proposed development aims to meet the increasing demand for high-quality, sustainable living spaces in North Hyderabad. Brigade plans to create a landmark residential community, integrating architectural excellence with world-class amenities.
Amar Mysore, Executive Director of Brigade Enterprises Limited, emphasised Hyderabad’s significance as a growth market for Brigade. He noted the city’s economic momentum, driven by thriving technology and infrastructure sectors, as ideal for the company’s expansion. Mysore stated, “As we further scale our operations, our focus will continue to remain on acquiring strategically located land parcels that not only offer high growth potential but also strictly align with the core principles, governance, and ethical standards that we stand for.”
Brigade Group’s presence in Hyderabad began with Brigade at No.7 in Banjara Hills and expanded with Brigade Citadel in Moti Nagar. The company continues to strengthen its presence with projects like Brigade Gateway at Neopolis, a 4 million sqft premium mixed-use development, and Brigade Enclave and Brigade Manor in Moti Nagar. This acquisition follows a recently announced four-acre project in Neopolis, which is in advanced design stages. Brigade plans to invest around ₹5000 crores across residential, commercial, hospitality, and retail sectors in Hyderabad over the next 3-4 years.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).