Brigade Group has signed a Joint Development Agreement for a new 5.6-acre residential project in Kompally, Hyderabad. The development holds an estimated revenue potential of ₹850 crore. This initiative is part of the company’s broader expansion strategy in the region, where it plans to deploy approximately ₹5,000 crore across various sectors over the next 3 to 4 years, further cementing its footprint in the thriving Telangana market.
Strategic Expansion in Kompally
Brigade Group has officially announced the signing of a Joint Development Agreement (JDA) for a premium residential project located in the high-growth corridor of Kompally, Hyderabad. Spanning 5.6 acres, the project is designed to cater to the increasing demand for sustainable and modern living spaces in North Hyderabad, with a projected revenue potential of ₹850 crore.
Strengthening the Hyderabad Portfolio
This latest acquisition continues Brigade’s momentum in the Hyderabad real estate market. The company has already established a notable presence with projects such as Brigade at No.7 in Banjara Hills, Brigade Citadel in Moti Nagar, and the 4 million sqft mixed-use development, Brigade Gateway at Neopolis. Additionally, the company is actively developing Brigade Enclave and Brigade Manor in Moti Nagar.
Future Growth Outlook
Amar Mysore, Executive Director, Brigade Enterprises Limited, highlighted that Hyderabad’s robust economic growth and thriving technology sector make it a vital market for the firm’s expansion. As part of its long-term strategy, Brigade is committed to deploying approximately ₹5,000 crore over the next 3 to 4 years. This capital will be utilized across a diversified portfolio encompassing residential, commercial, hospitality, and retail sectors to sustain growth and operational scale.
Source: BSE
