In a major boost to its growth strategy, Brigade Group has successfully acquired a
prime 20.19 acre land parcel in the fast-emerging Whitefield–Hoskote corridor of Bengaluru. The outright purchase was completed at a transaction value of ₹588.33 Crores through Ananthay Properties Private Limited, subsidiary of Brigade Enterprises Limited.
Strategically located with excellent connectivity to IT hubs, industrial zones, and upcoming infrastructure projects, the site offers exceptional potential for a mixed-use development with a Gross Development Value(GDV) of ₹5,200 Crores.
With an estimated development potential of 4.2 million sq. ft, the project is set to be a marquee addition to East Bengaluru’s urban landscape, encompassing residential, commercial, and retail components.
“This acquisition aligns with our vision to develop landmark destinations that integrate living, working, and leisure. The Whitefield–Hoskote belt is poised for exponential growth, and we’re excited to contribute meaningfully to its transformation,” said Pavitra Shankar, Managing Director, Brigade Enterprises Limited.
The acquisition further strengthens Brigade Group’s presence in Bengaluru and underscores its commitment to creating integrated urban ecosystems that cater to the evolving needs of modern India. With this strategic expansion, the Group continues to build on its legacy of delivering high-quality developments that shape the
future of urban living.
About Brigade Group:
Established in 1986, Brigade Group is one of India’s leading property developers with close to four decades of expertise in building positive experiences for all their stakeholders and winning their customers’ trust. Brigade has developed many landmark buildings and transformed skylines across India in the cities of Bengaluru,
Chennai, Hyderabad, Mysuru, Kochi, Thiruvananthapuram and GIFT City Ahmedabad with developments across Residential, Office, Retail, Hospitality and Education Sectors.
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