Brigade Group Signs Joint Development Agreement for ₹850 Crore Project in Hyderabad
Bengaluru-based listed real estate developer, Brigade Group, has announced a Joint Development Agreement (JDA) to develop a residential project on a 5.6-acre land parcel in the Kompally area of Hyderabad.
About the Project
- The project has an estimated revenue potential of ₹850 crores.
- The proposed residential development aims to cater to the rising demand for high-quality, sustainable, and modern living spaces in North Hyderabad.
Comment from Brigade Group
"Hyderabad is a vital growth market for Brigade, and our commitment to expanding our footprint is evident in the consistency of our new projects in the region. The city’s robust economic momentum, driven by thriving technology and infrastructure sectors, makes it an ideal market for us," said Amar Mysore, Executive Director, Brigade Enterprises Limited.
Expansion Plans in Hyderabad
Brigade Group plans to deploy around ₹5000 Cr across residential, commercial, hospitality, and retail over the next 3-4 years.
About Brigade Group's Presence in Hyderabad
- Brigade Group marked its debut in Hyderabad with Brigade at No.7 in Banjara Hills.
- The company expanded with Brigade Citadel in Moti Nagar.
- Brigade Gateway at Neopolis, a 4 Million sqft premium mixed-use development, is also part of Brigade Group's presence in Hyderabad.
- Brigade Enclave and Brigade Manor in Moti Nagar are other notable developments in the city.
Recent Acquisition
Brigade Group acquired a 5.72-acre land parcel in Hyderabad through a recent auction conducted by the Telangana Industrial Infrastructure Corporation (TGIIC) in April 2026.
According to the company, the land was acquired at ₹44 crore per acre, excluding registration costs. The site will be developed into a premium residential project.
Related News
- What can ₹1 crore buy in Hyderabad? Just 480 sq ft in prime Jubilee Hills, up to 1,448 sq ft on the city’s outskirts
- Hyderabad records 9,541 home sales in Q1 2026, home prices increase 9% to ₹8,211 per sq ft