Brigade Group has acquired a 5.72-acre prime land parcel at Osman Nagar, Hyderabad, through a competitive auction. The acquisition, valued at Rs 44 crore per acre, marks a significant expansion for the developer in a key real estate market. The company plans to leverage the site’s strategic proximity to IT hubs and major infrastructure for a high-end residential development, reinforcing its commitment to growth in the region.
Strategic Expansion in Hyderabad
On April 28, 2026, Brigade Group announced the successful acquisition of a prime land parcel located at Plot 6, Osman Nagar, Hyderabad. Spanning 5.72 acres, the land was secured through an auction process conducted by the Telangana Industrial Infrastructure Corporation (TGIIC). The transaction price was finalized at Rs 44 crore per acre, excluding additional registration costs.
Development Plans and Rationale
The company intends to develop a premium residential project on the newly acquired site. According to Amar Mysore, Executive Director, this land parcel is a strategic fit for the company’s portfolio due to its scale and potential for high-technology, world-class construction. The project is designed to cater to the evolving needs of the city as it continues to function as a global enterprise hub.
Location Advantages
The Osman Nagar location offers a balanced mix of accessibility and long-term value. Key features driving the project’s potential include:
- Proximity to major IT hubs, including HITEC City and Gachibowli.
- Seamless connectivity provided by the Outer Ring Road.
- A serene, low-density environment that appeals to modern homebuyers.
This development is expected to contribute significantly to the local skyline, aligning with Brigade Group’s long-standing reputation for quality and innovation in the residential sector.
Source: BSE
