Brigade Group Signs Agreement to Purchase Land in Secunderabad for ₹650 Cr Project

Brigade Group has entered into an agreement to acquire a prime 2.25-acre land parcel in Secunderabad. The company plans to develop a high-quality residential project with an estimated Gross Development Value (GDV) of approximately ₹650 Crores. This strategic acquisition, executed via an outright purchase, aligns with Brigade’s expansion strategy in Telangana and underscores its commitment to creating premium living spaces.

Strategic Land Acquisition

Brigade Group has announced the signing of an agreement to acquire a prime land parcel in Secunderabad. The acquired land spans 2.25 acres and will be used for residential development. The agreement was officially signed and announced on January 30, 2026.

Residential Project Details

The company intends to develop a high-quality residential project on the newly acquired land. This project is expected to have a Gross Development Value (GDV) of approximately ₹650 Crores. This development aligns with Brigade’s focus on creating holistic living environments. Premium amenities are expected to be a key feature of this new residential offering.

Expansion in Telangana

This land acquisition is a part of Brigade Group’s strategic growth plans to expand its presence across Telangana. The deal reinforces the company’s commitment to delivering residential spaces that enhance the urban landscape of the region. The purchase aligns with Brigade’s standards for location potential and development viability, paving the way for a significant new project.

Source: BSE

Previous Article

Vodafone Idea Credit Rating Outlook Revised to Positive

Next Article

Shilpa Medicare Board to Consider Unaudited Financial Results