Brigade Enterprises Limited has acquired 4.04 acres in Neopolis Phase 3, Hyderabad through an auction conducted by the Hyderabad Metropolitan Development Authority for ₹118 crore per acre. This acquisition complements their existing development, Brigade Gateway (Plot No. 8), and strengthens Brigade’s growth strategy within the city, delivering future-ready developments for its customers.
Hyderabad Land Acquisition
Brigade Enterprises Limited announced the acquisition of a 4.04-acre land parcel in Neopolis Phase 3, Hyderabad on December 4, 2025. The company secured Plot No. 20 through an auction overseen by the Hyderabad Metropolitan Development Authority. The acquisition expands the company’s footprint in a rapidly growing area of the city.
Financial Details
The acquired plot was purchased for ₹118 crore per acre. This investment reflects Brigade’s confidence in the Hyderabad market and its potential for future growth. The strategic purchase strengthens Brigade’s position to meet the increasing demand for quality developments in the region.
Strategic Growth Plans
According to Amar Mysore, Executive Director, Brigade Enterprises Limited, Hyderabad is a key market in the company’s expansion strategy. The new acquisition complements the existing Brigade Gateway development in Neopolis, aligning with Brigade’s commitment to creating future-ready projects.
About Brigade Group
Established in 1986, Brigade Group is a leading property developer with a proven track record of building positive experiences. The Group’s presence spans multiple cities, including Bengaluru, Chennai, Hyderabad, and others, with developments across residential, office, retail, hospitality, and education sectors.
Source: BSE
