Bengaluru: Realty major Brigade Group has entered into an agreement to launch a new residential project in Banashankari 5th stage, South Bengaluru, with a gross development value (GDV) of approximately Rs.1,200 crore. This development, spread across 7.5 acres will be used to deliver high-quality luxury homes for the city’s IT-driven urban population.
“Banashankari represents a unique blend of heritage and connectivity, supported by social and physical infrastructure, making it ideal for quality residential development. With Bengaluru evolving, we remain dedicated to delivering thoughtfully designed homes that not only elevate urban living but also contribute meaningfully to the city’s growth and economic landscape,” Pavitra Shankar, Managing Director, Brigade Enterprises Ltd said in a press release to the bourses.
The Bengaluru-based company aims to offer premium apartments in the highly sought after area, which is well connected with the rest of the city through the metro station and other amenities in the vicinity.
About Brigade Group
Established in 1986, Brigade Group has emerged as India’s leading real estate company, completing leading landmarks across Bengaluru, Kochi, Chennai, Hyderabad and GIFT City, Gujarat. The company has built a reputation for quality, even as most of its developments are mainly based in South India.
