Brigade Enterprises Ltd has purchased a 4.04-acre land parcel in Hyderabad at Rs 1.18 billion per acre. The acquisition underscores the company’s aggressive expansion strategy in South India, aimed at strengthening its residential and commercial portfolio in one of the country’s fastest-growing real estate markets.
Brigade Enterprises Ltd, a leading real estate developer, has announced the acquisition of a premium 4.04-acre plot in Hyderabad. The deal, valued at Rs 1.18 billion per acre, highlights the company’s confidence in the city’s booming property market and its commitment to expanding presence in key urban centers. Hyderabad continues to attract major investments due to its robust infrastructure, IT sector growth, and rising demand for both residential and commercial spaces.
Key highlights from the announcement include
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Brigade acquired 4.04 acres of land in Hyderabad.
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The purchase price was set at Rs 1.18 billion per acre.
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The acquisition is part of Brigade’s broader expansion strategy in South India.
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Hyderabad’s real estate market has seen strong demand driven by IT and infrastructure growth.
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The company plans to develop premium residential and commercial projects on the site.
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This move strengthens Brigade’s portfolio in one of India’s most dynamic property markets.
The acquisition reflects Brigade’s long-term vision of capitalizing on Hyderabad’s rapid urban development and positioning itself as a key player in the city’s real estate growth story.
Sources: Reuters, Economic Times, Business Standard, Mint