Brigade Group to Develop 4 Acre Project through Joint Development in Mysuru

Brigade Group to Develop 4 Acre Project through Joint Development in Mysuru

Brigade Group, a leading real estate developer in Bengaluru has entered into a Joint Venture in Mysuru, Kurubarahalli to develop a luxury residential project in Mysuru. This project marks their continued expansion into key South Indian markets.

Project Details:

• Location: Kurubarahalli, Mysuru
• Land Area: 4 acres
• Developable Area: Approximately 0.40 million sq ft
• Gross Development Value (GDV): Rs 300 crore
• Project Type: Luxury residential, featuring spacious units and penthouses

Market Insights:

• Growing Demand for Premium Housing: Pavitra Shankar, Managing Director of Brigade Enterprises, acknowledges the rising demand for premium residences in cities like Mysuru.
• Focus on Community Living: The project is expected to cater to this growing demand, offering spacious living spaces and fostering a sense of community.

Expansion and Growth:

• Brigade Group’s Recent Ventures: This project follows the successful launch of their “Brigade Sanctuary” project on Whitefield-Sarjapur Road in Bengaluru, another joint development with a substantial gross revenue potential.
• Future Plans: The company has outlined a robust development pipeline exceeding 13 million sq ft across Bengaluru, Hyderabad, and Chennai for the coming year, with a significant focus on residential projects (11 million sq ft).

Brigade Group’s strategic partnership and focus on premium living options position this new project to be a success story in Mysuru’s evolving real estate landscape.

 

 

Disclaimer: The information herein is based upon information obtained in good faith from sources believed to be reliable. All such information and opinions can be subject to change. Furthermore, The image featured in this article is for representation purposes only. It does not in any way represent the project. If you wish to remove or edit the article or want to publish your news or article please email news@jvdeals.in