Brigade Group Signs JDA for 8.63 Acres, Unlocking 39-Acre Residential Township in East Bengaluru
Brigade Group announced today, April 15, 2026, that it has signed a Joint Development Agreement (JDA) for a residential township project. The JDA covers an 8.63-acre parcel located in Gunjur, East Bengaluru. This development milestone is set to enable the creation of a larger, integrated residential township spanning 39 acres within the highly sought-after Whitefield -Sarjapur corridor.The 39-acre development is planned primarily as a large-scale residential township and carries an estimated gross development value (GDV) of approximately ₹ 7,200 crore. The overall land assembly for this expansive township is being executed through a combination of outright purchases and joint development agreements, with the recently concluded 8.63-acre JDA acting as a critical catalyst for progressing the master-planned development.
Pavitra Shankar, Managing Director of Brigade Enterprises Limited, highlighted the strategic importance of the location, noting that the Whitefield -Sarjapur Road remains one of Bengaluru's most compelling micro-markets and residential growth corridors.
"The signing of this JDA is an important milestone that strengthens our residential pipeline in East Bengaluru and enables us to move forward with a large, integrated township development," Shankar commented. He added that the project will reflect the group's focus on quality, scale, and long-term liveability. He emphasized that the township aims to be a cohesive, future-ready residential ecosystem, including multi-generational residential offerings and senior living spaces, supported by thoughtful amenities and convenience infrastructure.
This strategic development reinforces Brigade Group's continued confidence in Bengaluru's residential market and its robust strategy of building large, integrated, high-quality residential communities in the city's key growth corridors.
Established in 1986, Brigade Group is recognized as one of India's leading property developers. The company has extensive experience building landmark buildings and transforming skylines across multiple cities, including Bengaluru, Chennai, Hyderabad, Mysuru, Kochi, Thiruvananthapuram, and GIFT City. Its development portfolio spans Residential, Office, Retail, Hospitality, and Education sectors.
BRIGADE Stock Price Movement
Today, Brigade Enterprises Limited shares slipped by 0.58% to settle at ₹739. The equity saw a total trading volume of 1.55 million shares throughout the day's session.Source:
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