Pavitra Shankar, managing director, Brigade Enterprises
Realty Developer Brigade Group, based in Bengaluru, has signed a Joint Development Agreement (JDA) for an approximate value of ₹ 175 million rupees for a development project drawn up in Malur, Eastern Bengaluru. This marks the first development project of Brigade Group in East Bangalore, strengthening its presence in one of the expanding residential corridors of the city.
The project will cover approximately 20 acres, and a potential for total development or 0.45 million square feet.
When commenting on development, Pavitra Shankar, managing director of Brigade Enterprises Limited, said: “We continually identify high potential land plots that are aligned with our long -term vision of creating well planned accessions. Well connected and affordable life options beyond the city’s nucleus.
The company’s shares closed to ₹ 1,011.50, 2.63 percent more in the EEB.
Posted on April 21, 2025