Brigade Group has successfully acquired a 5.72-acre prime land parcel in Osman Nagar, Hyderabad, through a government auction. The land was purchased at a price of Rs. 44 Crores per acre. This strategic acquisition is part of the company’s expansion roadmap to strengthen its residential portfolio in the region, leveraging the area’s proximity to major IT corridors and strong connectivity via the Outer Ring Road.
Strategic Expansion in Hyderabad
Brigade Group continues to solidify its footprint in the Southern Indian real estate market with the acquisition of a 5.72-acre land parcel located at Plot 6, Osman Nagar, Hyderabad. The plot was secured through a competitive auction process conducted by the Telangana Industrial Infrastructure Corporation (TGIIC). The deal was finalized at a valuation of Rs. 44 Crores per acre, excluding registration costs.
Future Development Plans
The company intends to leverage this prime location to develop a new residential project. According to management, the site serves as a strategic fit for the company’s premium development criteria. By integrating high-technology construction standards and modern design, Brigade aims to contribute significantly to the evolving skyline of Hyderabad, a city recognized as a major global enterprise hub.
Ideal Location and Connectivity
Osman Nagar was chosen for its balance of accessibility, livability, and long-term investment value. The site offers distinct advantages, including:
- Strategic proximity to major IT hubs such as HITEC City and Gachibowli.
- Seamless connectivity via the Outer Ring Road.
- A serene, low-density environment with strong growth momentum.
This project represents a vital step in Brigade’s broader corporate strategy to deepen its roots in high-growth markets and deliver future-ready residential spaces to meet the city’s increasing demand.
Source: BSE
