Brigade Group has signed a joint development agreement (JDA) for a luxury residential project on Bogadi Road, near the proposed Outer Ring Road in Mysuru. The project, with a gross development value (GDV) of Rs 300 crore, will span five acres and 12 guntas, offering 0.45 million sq. ft. of residential space.
The development will consist of 75 percent luxury two-and-three BHK apartments and 25 percent senior living spaces, featuring premium amenities and a curated clubhouse. It is located 4.5 km from Brigade’s Brigade Palmgrove villa project. Brigade Group Managing Director Pavitra Shankar stated, “This land deal is a significant milestone in our efforts to expand our footprint in Mysuru. As part of Brigade Group's long-term strategy, we aim to bring thoughtfully designed residential spaces to key markets like Mysuru, and nurture vibrant communities that symbolise quality, innovation, and holistic living.”
Earlier this week, Brigade Group acquired 4.4 acres in Whitefield, East Bengaluru, for a Rs 950 crore premium residential project with a 0.6 million sq. ft. development potential. In January, the company signed an MoU with Technopark to develop a 1.5 million sq. ft. World Trade Centre (WTC) and business hotel in Thiruvananthapuram, attracting IT MNCs and generating employment for over 10,000 people. Brigade is also investing Rs 1,500 crore to expand WTC Kochi.