The project will span approximately 20 acres and has a gross development value (GDV) of around ₹175 crore. The total development potential is pegged at 0.45 million square feet.
Pavitra Shankar, Managing Director, Brigade Enterprises Limited, said, “We continue to identify high-potential land parcels that align with our long-term vision of creating well-planned communities with a focus on quality, sustainability, and innovation.
Malur, located along the Satellite Town Ring Road (STRR) and Chennai Expressway, is emerging as an attractive residential destination, offering connectivity to key hubs in Bengaluru.Also Read: Brigade Enterprises targets ₹300 crore revenue from new housing project in Mysuru
“With improving infrastructure and enhanced accessibility, more homebuyers are exploring well-connected, affordable living options beyond the city’s core. Through this development, we aim to introduce a thoughtfully designed residential offering that enhances value for homebuyers while contributing to the region’s growth,” Shankar said.
Last month, Brigade Enterprises said it had launched its latest residential project, Brigade Eternia, in Yelahanka, Bengaluru. Spanning 14.65 acres, the project comprises 1,124 residential units with a total built-up area of approximately 2 million square feet across 12 towers of 2 basement + ground + 13/14 floors each.
Brigade Eternia has an estimated revenue potential of over ₹2,700 crore and is scheduled for completion by March 31, 2030. The development is designed to offer a premium residential experience with modern amenities, emphasising community living and convenience.
Shares of Brigade Enterprises Limited ended at ₹1,011.50, up by ₹25.90, or 2.63%, on the BSE.
Also Read: Brigade Enterprises shares surge after an important SEBI approval for its unit
