Brigade Enterprises Signs Joint Development for Hyderabad Project
Filing Summary
Brigade Enterprises Ltd has entered into a Joint Development Agreement to develop a premium residential project in Begumpet, Hyderabad. The project, covering approximately 0.5 million square feet, is expected to generate revenue exceeding INR 800 Crores. This initiative aligns with Brigade’s strategic focus on the Telangana market. The development will be situated on approximately 3 acres of land and is designed to offer modern urban living spaces. This agreement is part of Brigade’s ongoing efforts to expand its presence in Hyderabad’s residential sector.
Brigade Enterprises Ltd has signed a Joint Development Agreement to develop a premium residential project in Begumpet, Hyderabad. The project will cover approximately 0.5 million square feet and is expected to generate revenue exceeding INR 800 Crores. The agreement was disclosed pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The project is planned on approximately 3 acres of land in Begumpet, a well-connected urban neighborhood in Hyderabad. The development is designed to offer modern urban living spaces with seamless access to major business hubs, social infrastructure, and transport networks. The project aligns with Brigade’s continued focus on the Telangana market, highlighting its commitment to expanding its residential sector presence in Hyderabad.
The project will feature contemporary residential units aimed at meeting the lifestyle needs of modern urban families. The development is part of Brigade’s strategy to create communities that deliver long-term value through design and sustainability. This initiative further strengthens Brigade’s presence in Hyderabad, contributing to the city’s evolving skyline.
Brigade Enterprises Ltd, established in 1986, is a leading property developer in India. The company has developed numerous landmark buildings across cities such as Bengaluru, Chennai, Hyderabad, Mysuru, Kochi, Thiruvananthapuram, and GIFT City. Brigade focuses on residential, office, retail, hospitality, and education sectors, aiming to build positive experiences for stakeholders and maintain customer trust.