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Brigade Group Signs JDAs for Hyderabad Citadel 2 and Citadel 3 with ₹970 Crore Revenue Potential

Written by: Team Angel OneUpdated on: 29 Jul 2025, 9:29 pm IST
Brigade Group signs JDAs for Citadel 2 & 3 in Hyderabad's Moti Nagar with ₹970 crore revenue potential across 1 million sq ft development.
Brigade Group Signs JDAs for Hyderabad Citadel 2 and Citadel 3 with ₹970 Crore Revenue Potential
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Brigade Group has strengthened its presence in Hyderabad by signing Joint Development Agreements (JDAs) for 2 new residential projects in the prime Moti Nagar locality. The strategic expansion builds upon the success of the original Brigade Citadel project in the same micromarket.

Brigade Citadel 2 and Citadel 3 Development Details

The company announced the signing of Joint Development Agreements for Brigade Citadel 2 and Brigade Citadel 3 projects on July 29, 2025. These developments are spread across 10 acres of prime land in Moti Nagar, Hyderabad, featuring a total development potential of approximately 1 million square feet.

The projects carry an estimated revenue potential exceeding ₹970 crore and will comprise 405 thoughtfully designed luxury residences. Both developments will offer spacious 3 and 4 BHK homes within low-rise, exclusive enclaves designed to create serene community living experiences.

Strategic Expansion in Key South Indian Market

According to Amar Mysore, Executive Director of Brigade Enterprises Limited, this expansion represents a strategic step in the company's scalable and sustainable growth in Hyderabad, identified as one of their key focus markets in South India. The projects aim to deliver high-quality, premium living experiences while creating lasting communities and iconic landmarks.

Read More: Brigade Hotel Ventures IPO Allotment Status!

Project Features and Design Philosophy

The developments will focus on elegant architecture, open space planning, and resident wellbeing. Located in the heart of Moti Nagar, the projects combine privacy, spaciousness, and connectivity in a rare low-rise format that introduces a new chapter in urban luxury for Hyderabad.

About Brigade Group 

Established in 1986, Brigade Group operates as one of India's leading property developers with close to 4 decades of expertise. The company has developed landmark buildings across Bengaluru, Chennai, Hyderabad, Mysuru, Kochi, Trivandrum, and GIFT City, spanning Residential, Office, Retail, Hospitality and Education sectors.

Brigade Enterprises Share Price Performance

On July 29, 2025, 3:30 PM, Brigade Enterprises share price closed at ₹1,015.60, a 0.18% increase. 

Over the past week, it has declined by 3.85%, over the past month, it has declined by 7.85%, and over the past 3 months, it has declined by 0.50%.

Conclusion

Brigade Group's Joint Development Agreements for Citadel 2 and Citadel 3 in Hyderabad represent a significant expansion with ₹970 crore revenue potential. The 1 million square feet development across 10 acres reinforces the company's strategic focus on premium residential projects in key South Indian markets.

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in securities are subject to market risks. Read all related documents carefully before investing.

Published on: Jul 29, 2025, 3:59 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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