Brigade Enterprises Inks ₹2,500 Crore Joint Development Deal for East Bengaluru Residential Project

1 min read     Updated on 06 Sept 2025, 10:20 PM
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Radhika SahaniScanX News Team
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Overview

Brigade Enterprises has signed a Joint Development Agreement for a 10.75-acre residential project in East Bengaluru. The project has a potential saleable area of 2.5 million square feet and an estimated gross development value of ₹2,500 crores. This strategic expansion aims to capitalize on the area's growing real estate market. The company has disclosed this information in compliance with SEBI regulations.

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Brigade Enterprises has announced a significant expansion of its residential development portfolio in East Bengaluru. The company has executed and registered a Joint Development Agreement (JDA) with a landowner for a large-scale residential project, marking a notable addition to its real estate ventures.

Project Details

The newly signed agreement covers a land parcel of 10.75 acres in East Bengaluru. Key highlights of the project include:

  • Potential Saleable Area: 2.5 million square feet
  • Estimated Gross Development Value: ₹2,500.00 crores

Strategic Expansion

This move represents a strategic expansion for Brigade Enterprises in the East Bengaluru market, which has been seeing significant growth in recent years. The company's decision to enter into this joint development agreement indicates its confidence in the area's real estate potential and demand for residential properties.

Regulatory Compliance

In compliance with Regulation 30 of the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements, Brigade Enterprises has officially disclosed this material information to the National Stock Exchange of India Limited and BSE Limited. The company has also made this information available on its official website, www.brigadegroup.com , ensuring transparency for its stakeholders.

Market Impact

While the specific timeline for the project's commencement and completion has not been disclosed, this substantial investment is likely to have a positive impact on Brigade Enterprises' long-term growth prospects. The ₹2,500.00 crore estimated gross development value underscores the scale and potential profitability of this venture.

As the real estate sector continues to evolve, particularly in high-growth urban areas like Bengaluru, Brigade Enterprises' latest move positions it to capitalize on the increasing demand for quality residential spaces in the city's eastern corridor.

Investors and market watchers will likely keep a close eye on the progress of this project and its potential impact on the company's future performance and market position in the competitive Bengaluru real estate landscape.

Historical Stock Returns for Brigade Enterprises

1 Day5 Days1 Month6 Months1 Year5 Years
-1.95%-1.38%-8.30%-5.67%-30.08%+420.20%
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Brigade Enterprises Bolsters Leadership with Two Key Appointments

1 min read     Updated on 04 Sept 2025, 06:32 PM
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Reviewed by
Suketu GalaScanX News Team
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Overview

Brigade Enterprises Limited has announced two key appointments effective September 4, 2025. Rajendra Singh, with 28 years of experience, joins as Chief Operating Officer for Chennai Projects. Soumen Roy, with 16 years of experience, becomes Assistant Vice President for Residential New Product Development. Singh brings expertise in project management and mixed-use developments, while Roy specializes in Architecture, Civil Engineering, and Project Management. These appointments aim to strengthen the company's operational capabilities and drive innovation in residential product development.

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Brigade Enterprises Limited, a prominent real estate developer, has announced two significant appointments to its senior management team, effective September 4, 2025. The company has brought on board Mr. Rajendra Singh as Chief Operating Officer for Chennai Projects and Mr. Soumen Roy as Assistant Vice President for Residential New Product Development.

New Leadership Roles

Rajendra Singh - Chief Operating Officer, Chennai Projects

Mr. Rajendra Singh brings over 28 years of extensive experience in project management and development to his new role. His expertise spans mixed-use developments, including commercial, residential, and recreational projects. Singh's educational background includes a Bachelor's degree in Civil Engineering and a Postgraduate Program in Business Management.

Key strengths of Mr. Singh include:

  • Rich experience in project management and development
  • Expertise in risk mitigation and value engineering
  • Extensive knowledge of mixed-use developments

Soumen Roy - Assistant Vice President, Residential New Product Development

Mr. Soumen Roy joins Brigade Enterprises with 16 years of professional experience. His expertise lies in Architecture, Civil Engineering, and Project Management. Roy's educational credentials include a Bachelor of Architecture from IIT Kharagpur and an MBA from ISB Hyderabad.

Strategic Implications

These appointments signify Brigade Enterprises' commitment to strengthening its operational capabilities and driving innovation in residential product development. The diverse experience and educational backgrounds of both Singh and Roy are expected to bring fresh perspectives to the company's projects and strategies.

Company Disclosure

In compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Brigade Enterprises has formally notified the National Stock Exchange of India Limited and BSE Limited of these appointments. The company has also made this information available on its official website, www.brigadegroup.com , ensuring transparency for its stakeholders.

These strategic appointments come at a time when the real estate sector is evolving rapidly, and Brigade Enterprises appears to be positioning itself to capitalize on emerging opportunities in the market, particularly in Chennai and in residential product innovation.

Historical Stock Returns for Brigade Enterprises

1 Day5 Days1 Month6 Months1 Year5 Years
-1.95%-1.38%-8.30%-5.67%-30.08%+420.20%
Brigade Enterprises
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