Realty firm Brigade organization has received 4.6 acres of land to construct a housing undertaking with a revenue ability of Rs 660 crore.
In a statement, the business enterprise stated it has signed a “definitive settlement for a top land parcel positioned on old Madras street, Bengaluru”.
spread across four.6 acres, the whole improvement potential of the residential venture might be round 0.69 million rectangular feet with a gross improvement cost of Rs 660 crore.
“we’re actively pursuing land acquisition opportunities in our goal markets and preserve to feature 86f68e4d402306ad3cd330d005134dac property to our land financial institution,” Pavitra Shankar, managing Director of Brigade organizations Ltd, stated.
This venture is strategically located and contributes to its average residential growth approach, she stated.
“we can develop a residential assets that will be executed preserving in mind customer preferences for quality and sustainability,” Shankar said.
Brigade institution has a wholesome pipeline of recent launches of around 12.sixty one million rectangular toes in residential across Bengaluru, Chennai, and Hyderabad.
hooked up in 1986, Brigade firms Ltd is one of India’s leading assets developers.
Brigade has evolved many initiatives throughout Bengaluru, Chennai, Hyderabad, Mysuru, Kochi, gift metropolis-Gujarat, Thiruvananthapuram, Mangaluru, and Chikkamagaluru.