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Brigade Enterprises acquires 4.6 acres land on Old Madras road for new project

Synopsis

Brigade Group has successfully secured a prime parcel of land on Old Madras Road in Bengaluru, marking a significant milestone in their real estate endeavours. With a hefty investment of INR 660 crore, the residential project will sprawl across 4.6 acres, emphasising sustainability as a core principle. Managing Director Pavitra Shankar highlights the project's strategic alignment with Brigade's growth trajectory, emphasising its commitment to providing eco-friendly living spaces tailored to meet customer preferences. With an extensive pipeline totalling 12.61 million square feet, Brigade Group continues to revolutionise urban living standards across Bengaluru, Chennai, and Hyderabad.

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Brigade Group has finalised an agreement to purchase a premium land lot located on Old Madras Road in Bengaluru, demonstrating their commitment to sustainable urban development. This well-timed purchase, including a vast 4.6 acres, is the beginning of an innovative residential development that will redefine urban living.

Brigade Group has plans to build spectacular 0.69 million square feet of residential space, which will breathe new life into Bengaluru's changing skyline. With an estimated cost of INR 660 crore, the project demonstrates the Group's commitment to provide luxurious, environmentally friendly living environments.

Pavitra Shankar, the Managing Director of Brigade Enterprises Limited, highlighted the importance of this venture in the company's overall growth strategy, expressing excitement about beginning the journey towards sustainable urbanisation. He stated that the project symbolises their commitment to combining quality craftsmanship with environmental stewardship.

It is difficult to exaggerate Old Madras Road's appeal as a growing residential centre. Growing infrastructural improvements, strong transportation connections, and a wave of construction projects have made this area a sought-after location for buyers looking for contemporary conveniences mixed with scenic views.

Brigade Group is reaffirming its position as a leader in innovation in the real estate industry with the purchase of new land. Shankar reiterated that their vision goes beyond simple construction, highlighting their objective to design lifestyles that complement the ambitions of their clients.

But the foray into Old Madras Road is just one facet of Brigade Group's expansive vision. With a strong pipeline boasting a staggering 12.61 million square feet of upcoming residential launches across Bengaluru, Chennai, and Hyderabad, the Group is set to leave a mark on India's urban tapestry.

As construction begins on Old Madras Road, Brigade Group's new project promises a blend of impressive architecture and environmental consciousness, offering a glimpse into a future where sustainable living and urban elegance come together seamlessly.

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