Brigade Enterprises Share Price in Focus on Acquiring 20-Acre Land Parcel in Bengaluru

Brigade Enterprises Ltd has bought a 20.19-acre land parcel in the Whitefield–Hoskote corridor of Bengaluru, as per the reports. The purchase, valued at ₹588.33 crore, was made through its subsidiary, Ananthay Properties Pvt Ltd. The transaction was completed on an outright basis.

The company plans to use the land for a mixed-use project. The development will cover residential, retail, and commercial spaces. It is expected to span 4.2 million square feet in total built-up area.

Revenue Estimate

The Gross Development Value (GDV) of the planned project is pegged at ₹5,200 crore. No details have been provided on the timeline or phases of construction. The GDV reflects the potential revenue that could be generated after completion.

The land is situated in an area with growing infrastructure and road connectivity. The Whitefield–Hoskote corridor of Bengaluru stretch has seen increased interest from developers in recent years. It links to several IT parks and industrial zones in East Bengaluru.

Brigade disclosed the acquisition in a regulatory filing dated July 21, 2025. The company has not released any construction schedule or launch details yet.

Read more: Brigade Enterprises Plans To Raise ₹1,500 Crore Through NCDs!

Company Background

Founded in 1986, Brigade Enterprises operates across housing, office, retail, and hospitality sectors. It has projects in cities like Bengaluru, Chennai, Hyderabad, Kochi, and Mysuru. The company continues to add land parcels for future developments.

Brigade Enterprises Share Price Performance 

As of 10:52 AM on July 22, 2025, Brigade Enterprises share price was trading at ₹1,091.70, down 0.90%; the stock is up 2.05% over the past 6 months but down 12.99% over the past year.

Conclusion

The ₹588.33 crore land purchase adds to Brigade’s land bank in Bengaluru. With 4.2 million sq. ft. of planned development, the project is expected to be part of the company’s long-term pipeline in East Bengaluru.

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