Brigade Deepens Hyderabad Bet with ₹970 Cr Projects; Expands Bengaluru Land Bank for ₹5,200 Cr

has signed joint development agreements for two new residential projects—Citadel 2 and Citadel 3—in Moti Nagar, Hyderabad. These projects, spanning 10 acres with a total development potential of around 1 million sq. ft., are expected to generate ₹970 crore in revenue. The move follows the successful first phase (Citadel) in the same micro-market, indicating the company’s confidence in demand stability in this region. Separately, Brigade recently acquired a 20.19-acre land parcel in Bengaluru’s Whitefield–Hoskote corridor for ₹588.33 crore. The upcoming project is expected to deliver a gross development value of ₹5,200 crore. These developments reflect Brigade’s strategic capital allocation in core urban markets, aligning with its long-term growth plans, though execution timelines and market absorption will remain key metrics to watch. Follow me for more such updates, Thank You! Disclaimer: This post is for informational purposes only and not a recommendation to buy or sell any securities. I, or my family, associates, or relatives, may have a financial interest in the securities mentioned.