Brigade Enterprises Limited — Updates, 28-03-2025: Press Release

Brigade Group has signed a Joint Development Agreement (JDA) for a new luxury residential project on Bogadi Road, Mysuru, featuring approximately 0.45 million square feet of development with a Gross Development Value (GDV) of ₹300 crores. The project will allocate 25% of the space to senior living and 75% to luxury apartments, offering 2 and 3 BHK units equipped with modern amenities and a clubhouse for community engagement.

This strategic initiative marks a significant step in Brigade's growth strategy in Mysuru, reinforcing its commitment to delivering high-quality residential spaces that meet diverse lifestyle demands. The project, located only 4.5 kilometers from Brigade’s Brigade Palmgrove Villa Project, aligns with the company’s vision of fostering vibrant communities while capitalizing on the rising demand for luxury housing integrated with senior living options.

Investors should view this development positively as it not only expands Brigade's footprint but also reflects the company's long-term strategy to enhance urban living experiences.