Announced Wed, 15 Apr · 17:47 IST
Brigade signs JDA for 8.63 acres, ₹7,200 Cr township in East Bengaluru
BRIGADE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+2.4%1-day move
₹741.00
prior close
₹783.55
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-2.2-3.3-4.0-5.1+2.4+4.6+6.7+7.3+5.9+6.3+2.6-10.5-26.8-25.1
Up moveDown movePending
AI summary
Brigade Enterprises signed a Joint Development Agreement for an 8.63-acre parcel in Gunjur, East Bengaluru, enabling a larger 39-acre integrated residential township in the Whitefield–Sarjapur corridor. The project has an estimated gross development value (GDV) of ~₹7,200 crore. The township will include multi-generational residential offerings including senior living. Overall land assembly combines outright purchase and JDAs, with this agreement being a key trigger.
Likely market impact
Adds ~₹7,200 Cr to Brigade's residential pipeline, strengthening presence in Bengaluru's high-growth Whitefield–Sarjapur corridor.