Bengaluru-based Brigade Group has signed a joint development agreement (JDA) for an 8.63-acre land parcel in Gunjur to develop a 39-acre integrated residential township, the company said in a regulatory filing on April 15.
The proposed development, located along the Whitefield–Sarjapur Road corridor, is planned primarily as a large-scale residential project with an estimated gross development value (GDV) of around ₹7,200 crore, the company said. The township will feature a mix of multi-generational housing options, including senior living spaces and integrated amenities, it said.
“The overall land assembly for the township is being undertaken through a combination of outright purchase and joint development agreements, with the execution of the 8.63‑acre JDA a critical trigger for progressing the larger master‑planned development,” the company said.
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Pavitra Shankar, Managing Director, Brigade Enterprises Limited, said the Whitefield–Sarjapur micro-market continues to see strong residential demand, driven by infrastructure upgrades, improved connectivity, and proximity to major employment hubs.
“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. has a strong track record of delivering well‑planned residential communities, and this township will reflect our focus on quality, scale, and long‑term liveability. With multi‑generational residential offerings. including senior living spaces, supported by thoughtfully planned amenities and convenience infrastructure, our aim is to create a cohesive, future‑ready residential ecosystem,” she said.
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Previous transactions in Bengaluru
Earlier, the company launched a 10.75-acre residential project in East Bengaluru with an estimated revenue potential of over ₹1,100 crore. The project, named Brigade Belvedere, is located on Budigere Main Road, off Old Madras Road in East Bengaluru. The initial phase comprises two of the five planned towers, with 773 residential units. The project will include 1, 2, and 3 BHK configurations, with sizes ranging from 715 sq ft to over 2,013 sq ft, the company said.
The Group had also forayed into the industrial real estate segment with the launch of Brigade Industrial Park, a 25-acre project in Devanahalli in North Bengaluru. The development will cater to high-growth sectors such as aerospace and defence, IT/ITES and data centres, the company said in a regulatory filing on March 10.
Located within the Hi-Tech, Defence and Aerospace Park (Phase I) near Kempegowda International Airport, the project will offer around 2 million square feet of leasable space, the company said.
The company has also with Primus Senior Living to launch three senior living communities across Bengaluru and other South Indian markets. Two of the three upcoming communities will be integrated within larger township developments. The portfolio is expected to comprise over 600 units, marking a significant expansion of Brigade’s senior living platform, the company had said.
The ticket size of the projects will be between ₹60 lakh and ₹3 crore. Mumbai will have homes priced between ₹1.5 and ₹3 crore, and southern cities will have homes priced between ₹70 lakh and ₹1.5 crore, the company had said.
The company has also partnered with Hyatt to expand its hospitality footprint with two new projects, a beachfront luxury hotel in Chennai and serviced apartments in Bengaluru’s airport corridor.