Brigade Enterprises has entered into a sale deed for the sale of an undivided proportionate share of land. The land measures 6,534 square yards (5463.26 square meters or 1.35 acres) and is situated in Kokapet village, Telangana. The transaction is valued at ₹110.14 Crores and involves Brigade Hotel Ventures Limited, a subsidiary of the company. The deal was finalized on September 26, 2025.
Land Sale Details
Brigade Enterprises announced on September 26, 2025, that it has entered into a sale deed for the sale of an undivided proportionate share of land. The property is located in Plot No. 8, Survey Nos. 239 and 240, NEOPOLIS LAYOUT-II, Kokapet village, Gandipet mandal, Ranga Reddy District, Telangana.
Financial Implications
The land measures 6,534 square yards (5463.26 square meters equivalent to 1.35 acres) and the transaction is valued at ₹110.14 Crores. The sale involves Brigade Hotel Ventures Limited, which is a subsidiary of Brigade Enterprises. This sale was part of the objectives outlined in the Initial Public Offering (IPO) of Brigade Hotel Ventures Limited.
Source: BSE