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EquityWireBrigade Ent inks pact to develop 11-acre land in Bengaluru worth INR 25 bln

Brigade Ent inks pact to develop 11-acre land in Bengaluru worth INR 25 bln

This story was originally published at 08:26 IST on 8 September 2025
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Informist, Monday, Sept. 8, 2025

 

--Brigade Ent Bengaluru residential project gross development value INR 25 bln

--Brigade Ent to develop 10.75-acre land for residential project in Bengaluru

 

HYDERABAD - Real estate developer Brigade Enterprises Ltd. has signed a joint development agreement for 10.75-acres land in east Bengaluru for a residential project, according to the company filing with the stock exchanges. The project will have a total saleable area potential of 2.5 million square feet and estimated gross development value of around INR 25 billion, the company said.

 

The company had reported a consolidated net profit of INR 1.50 billion for the June quarter on revenue of INR 12.81 billion. On Friday, shares of the company closed nearly 2% lower at INR 910.35 on the National Stock Exchange.  End

 

IST, or Indian Standard Time, is five-and-a-half hours ahead of GMT

 

Reported by Narayana Krishna

Edited by Akul Nishant Akhoury

 

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