Brigade Enterprises Limited has informed the Exchange regarding a press release dated May 25, 2026, titled "Brigade Group Signs JDA for Rs.850-Crore Premium Residential Project in Hyderabad".
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Brigade Enterprises Limited has signed a Joint Development Agreement (JDA) to develop a premium residential project on 5.6 acres in Kompally, Hyderabad. The project has an estimated revenue potential of ₹850 crores. This is Brigade's latest expansion in Hyderabad, a high-growth market driven by technology and infrastructure sectors. The company plans to deploy around ₹5000 crore across residential, commercial, hospitality, and retail in Hyderabad over the next 3-4 years. Brigade already has multiple projects in Hyderabad including Brigade Gateway at Neopolis, a 4 million sqft premium mixed-use development.
Positive for shareholders as the company continues to expand its residential portfolio in a high-growth market. The ₹850 crore project and ₹5000 crore planned deployment signal strong growth prospects.